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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chesterfield Township is a seller's market

Buyer's
Market

Difference Since August 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, MO cost?

Median Sold Price

$590,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$41,066(+7.5%)

Key Takeaway

Homes in Chesterfield Township have sold for 7.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 -$170K
N/A
2 $209.9K$229.9K
+9.6%
3 $409K$455K
+11.2%
4 $550K$615K
+11.8%
5+ $694.5K$832.5K
+19.9%

Median Sold Price Compared To Nearby Cities

Ellisville
+15.4%
Wildwood
+14.7%
Grover
+10.0%
Chesterfield Township
+7.5%
Glencoe
+6.7%

How many homes are available in Chesterfield Township, MO?

Number of Homes For Sale

Jul 2022Aug 2022%
177180+1.7%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 10
-100.0%
2 1117
+54.5%
3 2939
+34.5%
4 9182
-9.9%
5+ 4542
-6.7%

Number of Homes Sold

Jul 2022Aug 2022%
5764+12.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chesterfield Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Aug 2021Aug 2022%
24 Days18 Days-23.5%

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

17 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 Township 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 Township, MO

Chesterfield Township, MO has 180 homes on the market. Between July 2022 and August 2022, Chesterfield Township, MO real estate market has seen increase in the number of listings by 1.7%. In August 2022 median list price was $590,000 and the average listing age was 18 days. Real estate listing prices changed between July 2022 and August 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 9.6%, prices of 3 bedrooms properties increased by 11.2%, 4 bedrooms properties became 11.8% more expensive, 5 bedrooms properties became 19.9% more expensive. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 100%, number of 2 bedrooms homes increased by 54.5%, 3 bedrooms homes became 34.5% more available, number of 4 bedrooms homes decreased by 9.9%, 5 bedrooms homes inventory decreased by 6.7%. Chesterfield Township, MO housing market in August 2022 saw over 32 listings sold above listed price, more than 10 sold at listed price and over 22 sold below.

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