Chelsea, AL 35043 Real Estate Market Report

ZIP Code: 35043
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates for properties in Chelsea AL 35043 are approximately 6.38%, which is 0.51% higher than the 5.87% average observed in February 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. 365,000 is the primary indication of market value based on recent transactions; with the price year-over-year trend up, the neighborhood appears to be seeing modest appreciation while transaction-based pricing remains the most reliable signal.

2. 389,950 (median listing price) sits above the median sold price, which suggests a gap between seller expectations and realized sale values and may indicate ongoing pricing friction rather than immediate upward repricing.

3. 235 median days on market points to slower sales velocity and extended marketing timelines, which, combined with a relatively constrained active supply in the analyzed sample, suggests liquidity is controlled and transactions may take longer to negotiate.

4. 2,195 median market rent is rising alongside a rent year-over-year trend up, while interest rate pressure remains elevated and current mortgage comparison shows 6.38% (≈0.51% higher than the February 2026 average); this combination implies strengthening rental demand but elevated financing costs that may temper purchase activity.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.