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 April 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, IN

How much do homes in Chesterfield, IN cost?

Median Sold Price

$135,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,203(+6.5%)

Key Takeaway

Homes in Chesterfield have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Chesterfield was $135,000 in April 2024, up 6.5% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $120K$95K
-20.8%
3 $132.5K$139K
+4.9%
4 $143.5K$195K
+35.9%
5+ -$41.5K
N/A

Summary: 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 20.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Daleville
+104.7%
Salem Township
+51.6%
Chesterfield
+6.5%
Union Township
0.1%

Housing Supply in Chesterfield, IN

How many homes are available in Chesterfield, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
85-37.5%

Summary: The Chesterfield real estate market had 5 homes for sale in April 2024, a 37.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 65
-16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chesterfield in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Apr 2023Apr 2024CHANGE
50 Days71 Days+41.1%

Summary: Homes in Chesterfield had an average of 71 days on market in Apr 2024, up by 41.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 2 homes were sold in Chesterfield; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in Chesterfield, IN

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