Is Chesterfield, MO a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Chesterfield is a seller's market


Difference Since January 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, MO

How much do homes in Chesterfield, MO cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Chesterfield have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Chesterfield was $515,000 in January 2024, up 6.2% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 -$205K
2 $241.5K$255K
3 $427.5K$439.5K
4 $525K$564.5K
5+ $723.5K$827.5K

Summary: Chesterfield housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Cities

Town and Country
Lafayette Township

Housing Supply in Chesterfield, MO

How many homes are available in Chesterfield, MO?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Chesterfield real estate market had 107 homes for sale in January 2024, a 2.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
2 1211
3 2835
4 4647
5+ 1814

Summary: The Chesterfield housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 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. 62.5% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Chesterfield in January 2024, down by 8.6% month-over-month. Of the 32 sold homes, 63% were sold under asking, 3% were sold at asking, and 34% were sold over asking.

Days on Market for Chesterfield, MO

How long does it take to sell a home in Chesterfield, MO?

Average Sale Time

Jan 2023Jan 2024CHANGE
41 Days32 Days-20.8%

Summary: Homes in Chesterfield had an average of 32 days on market in Jan 2024, down by 20.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 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.

Summary: During January 2024, 32 homes were sold in Chesterfield; 53% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 6% 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 29 Days Ago

Newest Listings in Chesterfield, MO

Nearby Markets to Chesterfield, MO

What housing markets are near Chesterfield, MO?