Is Chelsea, IA 52215 a buyer’s or seller’s market?
Chelsea is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Chelsea housing market right now
In the three months ending August 31, 2026, 0% of homes in Chelsea, IA 52215 sold above their list price, the typical home went under contract in 117 days and there were 4.8 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. With only 2 sales, these figures can swing a lot from month to month.
Within Tama County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Toledo 52342 (33% sold over asking) and Traer 50675 (29% sold over asking) are even more competitive.
Run the numbers for 52215
Nearby markets
Buckingham 50612 — /sq ftClutier 52217 — /sq ftElberon 52225 — /sq ftGarwin 50632Seller’s market $123 /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 4.8 months of supply in Chelsea, IA 52215 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 117 days in the latest three months.
Do homes in Chelsea sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.6% of the list price.
What are property taxes in Chelsea?
About 1.37% of a home’s value a year in Tama County, or roughly $5,480 on a $400,000 home.
What is the median home price in Chelsea?
The median sale price was $427,315 in the three months ending August 31, 2026, about $102 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