Is West Chesterfield, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Chesterfield was a Seller's Market.
Housing Prices in West Chesterfield, IL
How much do homes in West Chesterfield, IL cost?
Median Sold Price
$150,004
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Chesterfield was $150,004 in April 2024, down 14.8% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $117.5K | $115K | -2.1% |
3 Bedrooms | $235.5K | $186K | -21.0% |
4 Bedrooms | $252K | $185K | -26.6% |
5+ Bedrooms | $90K | - | N/A |
Summary: West Chesterfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 21%, 4 bedroom homes decreased by 26.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Far Southeast Side | $174.9K | $176.3K | +0.8% |
Chatham | $204.5K | $195K | -4.6% |
Roseland | $170K | $161K | -5.3% |
West Chesterfield | $176K | $150K | -14.8% |
Housing Supply in West Chesterfield, IL
How many homes are available in West Chesterfield, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The West Chesterfield real estate market had 29 homes for sale in April 2024, a 20.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 13 | 16 | +23.1% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The West Chesterfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in West Chesterfield in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for West Chesterfield, IL
How long does it take to sell a home in West Chesterfield, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 35 Days | +93.2% |
Summary: Homes in West Chesterfield had an average of 35 days on market in Apr 2024, up by 93.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in West Chesterfield; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.