Is Chesterfield Township, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$645,900
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chesterfield Township was $645,900 in April 2024, up 3.8% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $315K | $323.8K | +2.8% |
3 Bedrooms | $432K | $466K | +7.9% |
4 Bedrooms | $670.5K | $695K | +3.7% |
5+ Bedrooms | $650K | $912.5K | +40.4% |
Summary: Chesterfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 40.4%.
Median Sold Price Compared To Nearby Cities
Bordentown Township | $340K | $378K | +11.2% |
Hamilton Township | $340K | $370K | +8.8% |
Chesterfield Township | $622.5K | $645.9K | +3.8% |
Chesterfield | $635K | $645.9K | +1.7% |
Mansfield Township | $400.7K | $350K | -12.7% |
Housing Supply in Chesterfield Township, NJ
How many homes are available in Chesterfield Township, NJ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Summary: The Chesterfield Township real estate market had 24 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 14 | 15 | +7.1% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Chesterfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Chesterfield Township in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 8 Days | -82.6% |
Summary: Homes in Chesterfield Township had an average of 8 days on market in Apr 2024, down by 82.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Chesterfield Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.