Is Chesterfield, MO 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 June 2021

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.

How much do homes in Chesterfield, MO cost?

Median Sold Price

$450,022

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$20,265(+4.7%)

Key Takeaway

Homes in Chesterfield have sold for 4.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $128.2K$145K
+13.1%
2 $199K$215K
+8.0%
3 $357.7K$380K
+6.2%
4 $470K$484.9K
+3.2%
5+ $599.9K$695K
+15.9%

Median Sold Price Compared To Nearby Cities

Clarkson Valley
+23.3%
Town and Country
+14.9%
Ballwin
+10.7%
Lafayette Township
+8.6%
Chesterfield
+4.7%

How many homes are available in Chesterfield, MO?

Number of Homes For Sale

May 2022Jun 2022%
169211+24.9%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 2228
+27.3%
3 4854
+12.5%
4 6793
+38.8%
5+ 3236
+12.5%

Number of Homes Sold

May 2022Jun 2022%
5268+30.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

48 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chesterfield, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
21 Days12 Days-41.4%

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Chesterfield, MO

Chesterfield, MO has 211 homes on the market. Between May 2022 and June 2022, Chesterfield, MO real estate market has seen increase in the number of listings by 24.9%. The median list price of listings available in June 2022 was $450,022, while the average time on the real estate market was 12 days. Between May 2022 and June 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 13.1%, the cost of 2 bedrooms properties went up by 8%, prices of 3 bedrooms properties went up by 6.2%, prices of 4 bedrooms properties went up by 3.2%, 5 bedrooms properties became 15.9% more expensive. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 27.3%, the quantity of 3 bedrooms homes went up by 12.5%, volume of 4 bedrooms homes went up by 38.8%, number of 5 bedrooms homes increased by 12.5%. In June 2022, from all listings sold in Chesterfield, MO there were more than 48 sold above asking price, over 9 sold below and more than 11 were sold right at the asked price.

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