The Poore Team

Chesterfield, VA

Single-Family Homes

Compass



Chesterfield, VA

Sun May 11 2025
This week the median list price for Chesterfield, VA is $599,495 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has increased to 140. Click here to stay informed with the Chesterfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Chesterfield, VA

Sun May 11 2025
This week the median list price for Chesterfield, VA is $599,495 with the market action index hovering around 48. This is less than last month's market action index of 50. Inventory has increased to 140. Click here to stay informed with the Chesterfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Chesterfield market.
Median List Price $599,495
Median Price of New Listings $459,950
Per Square Foot $205
Average Days on Market 61
Median Days on Market 28
Price Decreased 35%
Price Increased 7%
Relisted 10%
Inventory 140
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$794,990 3,772 1 - 2.5 acres 5 4 1 4 2 42
$650,000 3,219 0.5 - 1 acre 4 3 0 4 2 14
$520,000 2,688 0.5 - 1 acre 4 2.5 21 10 8 35
$396,000 1,924 0.25 - 0.5 acre 3 2.5 36 15 6 21