$3,561 Closing Credit*
$299,900
1,543 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jessica A Belanger, Listing Office: RE/MAX Eclipse New Baltimore
Is Chesterfield Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Chesterfield Township has remained a Seller's Market.
Key Takeaway
Chesterfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chesterfield Township, MI
How much do homes in Chesterfield Township, MI cost?
Median Sold Price
$315,250
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,250(+3.4%)
Key Takeaway
Homes in Chesterfield Township have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Chesterfield Township was $315,250 in November 2024, up 3.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $67K | - | N/A |
| 2 Bedrooms | $217.5K | $220.5K | +1.4% |
| 3 Bedrooms | $317.5K | $330K | +3.9% |
| 4 Bedrooms | $420K | $420K | 0.0% |
| 5+ Bedrooms | $405K | $569K | +40.5% |
Summary: Chesterfield Township 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 1.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 40.5%.
Median Sold Price Compared To Nearby Cities
| Ira Township | $274.9K | $365K | +32.8% |
| New Baltimore | $383.5K | $400K | +4.3% |
| Chesterfield Township | $305K | $315.2K | +3.4% |
| Lenox Township | $307.5K | $308K | 0.2% |
| New Haven | $300K | $297K | -1.0% |
Housing Supply in Chesterfield Township, MI
How many homes are available in Chesterfield Township, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 161 | 143 | -11.2% |
Summary: The Chesterfield Township real estate market had 143 homes for sale in November 2024, a 11.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 44 | 49 | +11.4% |
| 3 Bedrooms | 83 | 65 | -21.7% |
| 4 Bedrooms | 27 | 24 | -11.1% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Chesterfield Township 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 increased by 11.4%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 26 | -48.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesterfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Chesterfield Township in November 2024, down by 48.0% month-over-month. Of the 26 sold homes, 50% were sold under asking, 12% were sold at asking, and 38% were sold over asking.
Days on Market for Chesterfield Township, MI
How long does it take to sell a home in Chesterfield Township, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 27 Days | -31.4% |
Summary: Homes in Chesterfield Township had an average of 27 days on market in Nov 2024, down by 31.4% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chesterfield Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in Chesterfield Township; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.