Is Chesterfield, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Chesterfield has remained a Seller's Market.
Housing Prices in Chesterfield, MO
How much do homes in Chesterfield, MO cost?
Median Sold Price
$543,235
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Chesterfield was $543,235 in June 2024, up 10.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $337.5K | N/A |
2 Bedrooms | $250K | $255K | +2.0% |
3 Bedrooms | $439K | $450K | +2.5% |
4 Bedrooms | $540.3K | $600K | +11.0% |
5+ Bedrooms | $752.5K | $797.5K | +6.0% |
Summary: Chesterfield housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Town and Country | $900K | $1.0M | +16.7% |
Clarkson Valley | $816K | $900K | +10.3% |
Chesterfield | $492.8K | $543.2K | +10.2% |
Ballwin | $341.2K | $369K | +8.1% |
Lafayette Township | $420.9K | $430.6K | +2.3% |
Housing Supply in Chesterfield, MO
How many homes are available in Chesterfield, MO?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
199 | 206 | +3.5% |
Summary: The Chesterfield real estate market had 206 homes for sale in June 2024, a 3.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 20 | 27 | +35.0% |
3 Bedrooms | 60 | 58 | -3.3% |
4 Bedrooms | 82 | 83 | +1.2% |
5+ Bedrooms | 36 | 37 | +2.8% |
Summary: The Chesterfield housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 35%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 2.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
70 | 66 | -5.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Chesterfield in June 2024, down by 5.7% month-over-month. Of the 66 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 16 Days | -8.4% |
Summary: Homes in Chesterfield had an average of 16 days on market in Jun 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 66 homes were sold in Chesterfield; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.