Is Chesterfield, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chesterfield is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Chesterfield was a Neutral Market.

Key Takeaway

Chesterfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chesterfield, IN

How much do homes in Chesterfield, IN cost?

Median Sold Price

$150,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,500(+13.2%)

Key Takeaway

Homes in Chesterfield have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in Chesterfield was $150,000 in November 2024, up 13.2% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $106K$141.2K
+33.2%
3 $135K$152.4K
+12.9%
4 $176.5K$167.4K
-5.1%
5+ $41.5K-
N/A

Summary: Chesterfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Daleville
+15.2%
Chesterfield
+13.2%
Union Township
+10.5%
Salem Township
+9.0%

Housing Supply in Chesterfield, IN

How many homes are available in Chesterfield, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
138-38.5%

Summary: The Chesterfield real estate market had 8 homes for sale in November 2024, a 38.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 94
-55.6%
4 11
0.0%
5+ 00
0.0%

Summary: The Chesterfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 55.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chesterfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chesterfield in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Chesterfield, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days19 Days+44.4%

Summary: Homes in Chesterfield had an average of 19 days on market in Nov 2024, up by 44.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Chesterfield; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Chesterfield, IN

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