Is Chelsea, AL 35043 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chelsea is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score42/ 100

More competitive than 42% of U.S. ZIP codes, and #72 of 249 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list24.5%Share of sales, last 3 months
Median sale-to-list99%Sold price ÷ list price
Median days on market72Listing to accepted offer
Median price per sq ft$175▲ +1.8% vs. last year

The Chelsea housing market right now

In the three months ending August 31, 2026, 25% of homes in Chelsea, AL 35043 sold above their list price, the typical home went under contract in 72 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 117 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (56 days then) and the median sale price rose 5% to $384,833. Overall, Chelsea is about as competitive as it was a year ago.

Within Shelby County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Chelsea ranks #72 of 249 AL ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Vandiver 35176 (0% sold over asking) or Shelby 35143 (0% sold over asking), while Vincent 35178 (33% sold over asking) and Birmingham 35244 (31% sold over asking) are even more competitive.

Nearby markets

Alabaster 35007Seller’s market $158 /sq ftBirmingham 35242Seller’s market $198 /sq ftBirmingham 35244Seller’s market $176 /sq ftCalera 35040Balanced $160 /sq ft Browse all markets →

Where Chelsea is

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Questions about Chelsea real estate

Is Chelsea a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Chelsea, AL 35043 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Chelsea?

The typical home went under contract in 72 days in the latest three months.

Do homes in Chelsea sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.

What are property taxes in Chelsea?

About 0.44% of a home’s value a year in Shelby County, or roughly $1,760 on a $400,000 home.

What is the median home price in Chelsea?

The median sale price was $384,833 in the three months ending August 31, 2026, about $175 per square foot.

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