Market Summary

Chelsea, Shelby County, AL

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Median Home Price Price

$374,195 $374.2K

Median Monthly Rent Rent

$1,512 $1.5K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shelby County

Region Price Rent GRM Display
$346,417 $1,949 15.0x
$284,323 $1,205 20.0x
$289,427 $1,398 17.0x
$248,116 $1,734 12.0x
$308,333 $1,808 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AL outside of Shelby County

Region Price Rent GRM Display
$306,528 $1,764 14.0x
$286,087 $1,196 20.0x
$366,030 $1,709 18.0x
$279,386 $1,440 16.0x
$298,843 $1,034 24.0x
$239,249 $1,248 16.0x
$241,503 $978 21.0x
$247,654 $1,082 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of AL

Region Price Rent GRM Display
$428,318 $1,441 25.0x
$443,291 $1,527 24.0x
$533,844 $2,115 21.0x
$566,702 $1,504 31.0x
$296,283 $1,175 21.0x
$404,337 $1,419 24.0x
$368,733 $1,523 20.0x
$520,098 $2,260 19.0x
$351,937 $1,513 19.0x
$366,390 $1,517 20.0x
$258,581 $1,566 14.0x
$334,602 $1,510 18.0x
$420,753 $1,871 19.0x
$417,490 $1,469 24.0x
$468,815 $1,466 27.0x
$388,019 $1,805 18.0x
$336,907 $1,405 20.0x
$346,831 $1,688 17.0x
$467,302 $1,510 26.0x
$461,251 $1,464 26.0x
$471,855 $2,104 19.0x
$355,139 $2,333 13.0x
$334,470 $1,483 19.0x
$428,390 $1,410 25.0x
$387,635 $1,565 21.0x
$226,298 $1,273 15.0x
$323,451 $1,442 19.0x
$686,383 $1,404 41.0x
$577,261 $1,508 32.0x

Home prices

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Monthly rent

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GRM

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Chelsea

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Trend Insights

Median Rent in Chelsea, AL is $1,512, with MoM change +$10 and YoY change +$45 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Chelsea, AL.

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Metric
Base market Chelsea, AL
Compare market Select a market
Delta vs base
Median rent
$1,512
N/A
Median price
$374,195
N/A
YoY change
+$45
N/A
Price-to-rent
20.6x
Data unavailable
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