Is Chelsea, NY 12512 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Chelsea is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Chelsea housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Dutchess County, NY

Population	194
Median income	$99,025
Average income	$185,251
Median home value	$505,000
Owner-occupied	84% of homes
Median year built	1938

Natural hazard riskLow for the hazards we track

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 12512; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 12512

Prefilled for 12512Can I win this house?Multiple-offer likelihood for a listing Prefilled for 12512Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amenia 12501Buyer’s market $189 /sq ft Barrytown 12507 — /sq ft Beacon 12508Balanced $400 /sq ft Clinton Corners 12514Balanced $364 /sq ft Browse all markets →

Where Chelsea is

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Questions about Chelsea real estate

What are property taxes in Chelsea?

About 1.89% of a home’s value a year in Dutchess County, or roughly $7,560 on a $400,000 home.

Local agents

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More tools for 12512

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Dutchess County property taxes Dutchess County loan limits Closing costs in New York Hottest ZIP codes in New York

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology