Is Chesterfield Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2021
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.
How much do homes in Chesterfield Township, MI cost?
Median Sold Price
$286,666
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2021
Key Takeaway
Homes in Chesterfield Township have sold for 17% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2021 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | $106K | - | N/A |
| 2 Bedrooms | $175K | $185.7K | +6.1% |
| 3 Bedrooms | $250K | $295K | +18.0% |
| 4 Bedrooms | $335.9K | $362.9K | +8.0% |
| 5+ Bedrooms | $480K | $424.9K | -11.5%  |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Chesterfield Township | +17.0% |
| New Baltimore | +11.3% |
How many homes are available in Chesterfield Township, MI?
Number of Homes For Sale
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 101 | 127 | +25.7% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2022 | Apr 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 28 | 38 | +35.7% |
| 3 Bedrooms | 56 | 71 | +26.8% |
| 4 Bedrooms | 17 | 18 | +5.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Mar 2022 | Apr 2022 | % |
|---|---|---|
| 34 | 41 | +20.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesterfield Township, you could pay more than the asking price. 63.4% of homes here sold above asking price last month.
Average Sale Time
| Apr 2021 | Apr 2022 | % |
|---|---|---|
| 13 Days | 25 Days | +91.8% |
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chesterfield Township are selling fast, if you're buying plan to act quickly.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource. 
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2022 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.