Chassell, MI housing market
The median sale price was $182,000 in April 2026.
Home values, sales, trends and how Chassell compares with the towns next door — updated as new data is published.
Chassell at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 82% in 5 years
The federal house price index for the ZIP code around Chassell rose 82% over the past 5 years, faster than across Michigan (52%). Last year prices fell 2.4%. Carrying the Census median home value forward with that index puts the typical Chassell home at roughly $370,000 today.
Show as a table
| Year | Change that year | Since 2001 | Michigan since 2001 |
|---|---|---|---|
| 2025 | −2.4% | +148% | +87% |
| 2024 | +31% | +155% | +79% |
| 2023 | +7.6% | +94% | +68% |
| 2022 | +20% | +80% | +56% |
| 2021 | +9.5% | +50% | +38% |
| 2020 | +0.1% | +37% | +24% |
| 2019 | +3.1% | +37% | +20% |
| 2018 | +3.7% | +33% | +14% |
| 2017 | +4.5% | +28% | +7.1% |
| 2016 | −1.8% | +22% | +0.3% |
| 2015 | −0.6% | +25% | −4.8% |
| 2014 | +4.5% | +26% | −9.3% |
| 2013 | −0.7% | +20% | −16% |
| 2012 | −2.1% | +21% | −20% |
| 2011 | +2% | +24% | −20% |
| 2010 | −2.1% | +21% | −17% |
| 2009 | +2.6% | +24% | −9.5% |
| 2008 | −3.2% | +21% | −1.5% |
| 2007 | +0.7% | +25% | +5.9% |
| 2006 | +6.6% | +24% | +11% |
| 2005 | +8.3% | +16% | +12% |
| 2004 | +5.1% | +7.1% | +8.5% |
| 2003 | +3.5% | +1.9% | +5.1% |
| 2002 | −1.5% | −1.5% | +3.1% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 49916, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Chassell and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Chassell | — | −2.4%† | $1,000 | — | $75,729 |
| Portage | — | −1.1%† | $1,020 | — | $66,652 |
| Baraga | $173K | +12.3% | $1,000 | 0 | $52,254 |
† FHFA price index change, where Zillow has no home value for the town.
2.6 years of income
The typical Chassell home costs about 2.6 years of the town's median household income, less than across Michigan (3.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Chassell is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chassell pay a median of $1,014. A two-bedroom takes about 16% of the town's median household income.
Studio $820 · 4 bedrooms $1,680
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49916; Houghton County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Chassell
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.