Is Chesterfield Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chesterfield Township has remained a Seller's Market.
Housing Prices in Chesterfield Township, MO
How much do homes in Chesterfield Township, MO cost?
Median Sold Price
$576,950
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chesterfield Township was $576,950 in May 2024, up 5.6% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $337.5K | +98.5% |
2 Bedrooms | $261.5K | $258.9K | -1.0% |
3 Bedrooms | $465K | $470.8K | +1.3% |
4 Bedrooms | $569.8K | $607K | +6.5% |
5+ Bedrooms | $755K | $810K | +7.3% |
Summary: Chesterfield Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.5%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in Chesterfield Township, MO
How many homes are available in Chesterfield Township, MO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
248 | 267 | +7.7% |
Summary: The Chesterfield Township real estate market had 267 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 26 | 22 | -15.4% |
3 Bedrooms | 66 | 61 | -7.6% |
4 Bedrooms | 102 | 119 | +16.7% |
5+ Bedrooms | 53 | 64 | +20.8% |
Summary: The Chesterfield Township 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 decreased by 15.4%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
76 | 88 | +15.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Summary: A total of 88 homes were sold or pending in Chesterfield Township in May 2024, up by 15.8% month-over-month. Of the 87 sold homes, 15% were sold under asking, 15% were sold at asking, and 70% were sold over asking.
Days on Market for Chesterfield Township, MO
How long does it take to sell a home in Chesterfield Township, MO?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 13 Days | -55.1% |
Summary: Homes in Chesterfield Township had an average of 13 days on market in May 2024, down by 55.1% compared to last year.
Breakdown of Home Sale Times
75 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 88 homes were sold in Chesterfield Township; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.