Market Overview
Home Prices in Chelsea, OK
The median home value in Chelsea, OK is $139,573 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chelsea are priced66% below average. Chelsea is part of the Tulsa, OK metro area.
Over the past five years, Chelsea home values have risen by approximately37.8%, reflecting strong long-term appreciation in this market.
Price History
Chelsea Home Price Trend
City Comparison
Chelsea vs. National Median
At $139,573, homes in Chelsea cost 66% below the national median of $410,000. This makes Chelsea a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chelsea?
20% Down Payment
$27,915
on $139,573
Monthly P&I
$728/mo
30-yr @ 6.8%
Total Monthly Est.
~$925/mo
incl. taxes & insurance
Income Needed
$37,000
gross annual (30% rule)
10% Down Option
$13,957
+ PMI applies
Loan Amount (20% dn)
$111,658
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chelsea, OK?
The median home value in Chelsea is $139,573 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Chelsea?
Over the past year, home values in Chelsea have increased by 2.6%. Over five years, prices have risen approximately 37.8%.
How much do I need to earn to buy a home in Chelsea?
To comfortably afford the median home price of $139,573 with a 20% down payment ($27,915) at today's rates (6.8%), you'd need a gross annual income of approximately $37,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Chelsea compare to the national average home price?
The national median home value is approximately $410,000. At $139,573, homes in Chelsea are 66% below the national average.
What metro area is Chelsea part of?
Chelsea is part of the Tulsa, OK metropolitan area. Home prices and market conditions can vary across the broader metro region.