Is Chesterfield County, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chesterfield County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Chesterfield County was a Seller's Market.

Key Takeaway

Chesterfield County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Chesterfield County, SC

How much do homes in Chesterfield County, SC cost?

Median Sold Price

$244,950

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,825(+2.4%)

Key Takeaway

Homes in Chesterfield County have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Chesterfield County was $244,950 in May 2024, up 2.4% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $104.7K$127.5K
+21.7%
2 $145K$107K
-26.2%
3 $230.9K$244.9K
+6.0%
4 $273K$279.9K
+2.5%
5+ $555K$221.5K
-60.1%

Summary: Chesterfield County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.7%, 2 bedroom homes decreased by 26.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 60.1%.

Median Sold Price Compared To Nearby Counties

Chesterfield County
+2.4%
Lancaster County
0.1%

Housing Supply in Chesterfield County, SC

How many homes are available in Chesterfield County, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6065+8.3%

Summary: The Chesterfield County real estate market had 65 homes for sale in May 2024, a 8.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 55
0.0%
3 3131
0.0%
4 1723
+35.3%
5+ 65
-16.7%

Summary: The Chesterfield County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chesterfield County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Chesterfield County in May 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chesterfield County, SC

How long does it take to sell a home in Chesterfield County, SC?

Average Sale Time

May 2023May 2024CHANGE
91 Days20 Days-77.2%

Summary: Homes in Chesterfield County had an average of 20 days on market in May 2024, down by 77.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Chesterfield County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Chesterfield County; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Chesterfield County, SC

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