Market Summary

Chelsea, Kennebec County, ME

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Median Home Price Price

$324,400 $324.4K

Median Monthly Rent Rent

$1,286 $1.3K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Kennebec County

Region Price Rent GRM Display
$315,600 $1,176 22.0x
$255,735 $1,277 17.0x
$336,748 $1,599 18.0x
$400,484 $1,260 27.0x
$330,460 $1,447 19.0x
$316,230 $1,217 22.0x
$343,802 $1,311 22.0x
$245,231 $1,441 14.0x
$235,519 $1,282 15.0x
$502,672 $1,297 32.0x

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Kennebec County

Region Price Rent GRM Display
$387,454 $2,200 15.0x
$192,013 $1,059 15.0x
$374,266 $1,145 27.0x
$276,670 $1,203 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$215,390 $1,429 13.0x
$238,162 $1,323 15.0x
$241,070 $1,153 18.0x
$274,702 $1,071 21.0x
$223,510 $1,373 14.0x
$211,151 $1,268 14.0x
$496,840 $2,145 19.0x
$321,105 $1,404 19.0x
$438,820 $2,081 18.0x
$511,544 $1,946 22.0x
$127,590 $1,262 9.0x
$312,892 $1,363 19.0x
$308,049 $1,432 18.0x
$300,954 $1,310 19.0x
$277,890 $1,767 13.0x
$516,188 $2,094 21.0x
$230,168 $1,113 17.0x
$187,596 $1,476 11.0x
$483,335 $2,027 20.0x

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, ME is $1,286, with MoM change +$9 and YoY change +$59 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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

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Metric
Base market Chelsea, ME
Compare market Select a market
Delta vs base
Median rent
$1,286
N/A
Median price
$324,400
N/A
YoY change
+$59
N/A
Price-to-rent
21.0x
Data unavailable
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