$3,443 Closing Credit*
$289,900
1,414 SqFt
3 Beds
•1 Full Bath, 1 Partial
Shelly McGee, Listing Office: Joyner Fine Properties
Is Chesterfield, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chesterfield has remained a Seller's Market.
Key Takeaway
Chesterfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chesterfield, VA
How much do homes in Chesterfield, VA cost?
Median Sold Price
$483,193
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,893(+7.5%)
Key Takeaway
Homes in Chesterfield have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Chesterfield was $483,193 in October 2024, up 7.5% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | - | N/A |
| 2 Bedrooms | $326.6K | $348.4K | +6.7% |
| 3 Bedrooms | $320K | $345.2K | +7.9% |
| 4 Bedrooms | $479K | $515K | +7.5% |
| 5+ Bedrooms | $649.3K | $670K | +3.2% |
Summary: Chesterfield housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Chesterfield | $449.3K | $483.1K | +7.5% |
| Dale | $325.6K | $348.6K | +7.0% |
| Clover Hill | $350K | $374.6K | +7.0% |
| Chester | $354.2K | $379K | +7.0% |
| Matoaca | $449.9K | $475.3K | +5.6% |
Housing Supply in Chesterfield, VA
How many homes are available in Chesterfield, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 283 | 298 | +5.3% |
Summary: The Chesterfield real estate market had 298 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 87 | 91 | +4.6% |
| 4 Bedrooms | 122 | 130 | +6.6% |
| 5+ Bedrooms | 70 | 72 | +2.9% |
Summary: The Chesterfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 64 | 71 | +10.9% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesterfield, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.
Summary: A total of 71 homes were sold or pending in Chesterfield in October 2024, up by 10.9% month-over-month. Of the 69 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.
Days on Market for Chesterfield, VA
How long does it take to sell a home in Chesterfield, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 54 Days | +210.6% |
Summary: Homes in Chesterfield had an average of 54 days on market in Oct 2024, up by 210.6% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chesterfield are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 71 homes were sold in Chesterfield; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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