$6,163 Closing Credit*
$519,000
2,047 SqFt
3 Beds
•2 Full Baths, 1 Partial
#50159895, Calogero D'Anna, Listing Office: Keller Williams Realty Lakeside
Is Chesterfield Township, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
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.
Housing Prices in Chesterfield Township, MI
How much do homes in Chesterfield Township, MI cost?
Median Sold Price
$311,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$6,000(+2.0%)
Key Takeaway
Homes in Chesterfield Township have sold for 2% more than they did a year ago.
Summary: The median home sold price in Chesterfield Township was $311,000 in September 2024, up 2% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $67K | N/A |
| 2 Bedrooms | $221.9K | $225K | +1.4% |
| 3 Bedrooms | $315K | $330K | +4.8% |
| 4 Bedrooms | $418.7K | $420K | 0.3% |
| 5+ Bedrooms | $410K | $457.5K | +11.6% |
Summary: Chesterfield Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
| Ira Township | $280K | $354.7K | +26.7% |
| New Baltimore | $381.5K | $389.9K | +2.2% |
| Chesterfield Township | $305K | $311K | +2.0% |
| Lenox Township | $310K | $299.6K | -3.3% |
Housing Supply in Chesterfield Township, MI
How many homes are available in Chesterfield Township, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 185 | 166 | -10.3% |
Summary: The Chesterfield Township real estate market had 166 homes for sale in September 2024, a 10.3% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 65 | 53 | -18.5% |
| 3 Bedrooms | 75 | 70 | -6.7% |
| 4 Bedrooms | 38 | 36 | -5.3% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Chesterfield Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 54 | 50 | -7.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesterfield Township, you could pay more than the asking price. 44% of homes here sold above asking price last month.
Summary: A total of 50 homes were sold or pending in Chesterfield Township in September 2024, down by 7.4% month-over-month. Of the 50 sold homes, 32% were sold under asking, 24% were sold at asking, and 44% were sold over asking.
Days on Market for Chesterfield Township, MI
How long does it take to sell a home in Chesterfield Township, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 42 Days | +101.9% |
Summary: Homes in Chesterfield Township had an average of 42 days on market in Sep 2024, up by 101.9% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
4 Homes Were 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.
Summary: During September 2024, 50 homes were sold in Chesterfield Township; 84% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. 
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 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.