Is Chesterfield Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
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.
Housing Prices in Chesterfield Township, MO
How much do homes in Chesterfield Township, MO cost?
Median Sold Price
$575,294
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Chesterfield Township have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Chesterfield Township was $575,294 in April 2024, up 4.6% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $205K | +20.6% |
| 2 Bedrooms | $255K | $265K | +3.9% |
| 3 Bedrooms | $467.5K | $466.7K | -0.2% |
| 4 Bedrooms | $565K | $610K | +8.0% |
| 5+ Bedrooms | $752.5K | $826K | +9.8% |
Summary: Chesterfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.6%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in Chesterfield Township, MO
How many homes are available in Chesterfield Township, MO?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 179 | 247 | +38.0% |
Summary: The Chesterfield Township real estate market had 247 homes for sale in April 2024, a 38.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 26 | 24 | -7.7% |
| 3 Bedrooms | 41 | 69 | +68.3% |
| 4 Bedrooms | 77 | 100 | +29.9% |
| 5+ Bedrooms | 35 | 53 | +51.4% |
Summary: The Chesterfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 68.3%, 4 bedroom homes increased by 29.9%, and 5+ bedroom homes increased by 51.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 70 | +22.8% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chesterfield Township, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 70 homes were sold or pending in Chesterfield Township in April 2024, up by 22.8% month-over-month. Of the 70 sold homes, 30% were sold under asking, 13% were sold at asking, and 57% were sold over asking.
Days on Market for Chesterfield Township, MO
How long does it take to sell a home in Chesterfield Township, MO?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 24 Days | -5.6% |
Summary: Homes in Chesterfield Township had an average of 24 days on market in Apr 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chesterfield Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 70 homes were sold in Chesterfield Township; 66% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.