Is Chesterfield Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Chesterfield Township was a Seller's Market.
Housing Prices in Chesterfield Township, NJ
How much do homes in Chesterfield Township, NJ cost?
Median Sold Price
$600,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chesterfield Township was $600,000 in March 2024, down 6.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $306.5K | $323.8K | +5.6% |
3 Bedrooms | $428.5K | $460.5K | +7.5% |
4 Bedrooms | $675K | $695K | +3.0% |
5+ Bedrooms | $650K | $1.0M | +57.7% |
Summary: Chesterfield Township housing prices by bedroom type for March 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 7.5%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 57.7%.
Median Sold Price Compared To Nearby Cities
Bordentown Township | $340K | $375K | +10.3% |
Hamilton Township | $340K | $366.3K | +7.7% |
Chesterfield Township | $639.9K | $600K | -6.2% |
Chesterfield | $644.9K | $600K | -7.0% |
Mansfield Township | $403.5K | $361K | -10.5% |
Housing Supply in Chesterfield Township, NJ
How many homes are available in Chesterfield Township, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 30 | +15.4% |
Summary: The Chesterfield Township real estate market had 30 homes for sale in March 2024, a 15.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Chesterfield Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Chesterfield Township in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Chesterfield Township, NJ
How long does it take to sell a home in Chesterfield Township, NJ?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 28 Days | -67.3% |
Summary: Homes in Chesterfield Township had an average of 28 days on market in Mar 2024, down by 67.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Chesterfield Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.