48118
Chelsea, Michigan.
Chelsea, Washtenaw County, MI · Ann Arbor, MI metro · population 13,246
to buy the typical home at today's mortgage rate — +$833 (+62%) since Jan 2020.
- 1 year
- Up $14,066 +4%
- $399,729$413,795 since Sep 2025
- 5 years
- Up $39,622 +11%
- $374,173$413,795 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 48118$2,172
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 34 years.
Typical home values in zip 48118 rose 3.5% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Chelsea, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 48118
Mid-tier homes, smoothed and seasonally adjusted.
- 48118$413,795
- Ann Arbor$411,985
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.5 | 48130 | Dexter | 16,986 | $2,400 | $508,425 |
| 7.6 | 49240 | Grass Lake | 8,863 | — | $343,684 |
| 10.5 | 48137 | Gregory | 4,157 | — | $362,123 |
| 10.6 | 48103 | Ann Arbor | 55,054 | $2,050 | $516,940 |
| 10.8 | 48158 | Manchester | 7,770 | — | $373,536 |
| 11.4 | 48169 | Pinckney | 20,519 | — | $406,108 |
| 12.2 | 49259 | Munith | 2,653 | — | $265,921 |
| 13.9 | 49285 | Stockbridge | 6,240 | — | $293,678 |
| 14.7 | 48189 | Whitmore Lake | 13,893 | $1,723 | $359,840 |
| 15.3 | 48139 | Hamburg | 96 | — | $331,006 |
| 15.6 | 49254 | Michigan Center | 3,484 | — | $203,105 |
| 15.9 | 48176 | Saline | 23,451 | $2,027 | $464,849 |
| 16.7 | 48104 | Ann Arbor | 43,979 | $2,048 | $562,676 |
| 16.8 | 49236 | Clinton | 5,026 | — | $276,997 |
| 16.9 | 48108 | Ann Arbor | 27,666 | $1,584 | $434,139 |
| 16.9 | 49272 | Pleasant Lake | 2,883 | — | $281,561 |
| 17.0 | 48105 | Ann Arbor | 37,048 | $2,339 | $544,970 |
| 17.6 | 49230 | Brooklyn | 10,077 | — | $285,881 |
| 18.1 | 49201 | Jackson | 49,107 | $1,141 | $251,007 |
| 18.7 | 48116 | Brighton | 27,289 | $2,382 | $416,702 |
| 18.7 | 48843 | Howell | 48,014 | $1,811 | $386,533 |
| 19.3 | 49202 | Jackson | 18,519 | $1,058 | $141,183 |
| 19.7 | 49203 | Jackson | 36,474 | $1,162 | $169,320 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.