Chesterfield Housing Market Report December 2024•Saint Louis County, Missouri

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Housing Prices in Chesterfield, MO

How much do homes in Chesterfield, MO cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Chesterfield is a Seller's Market

Difference Since December 2023

Since last year, Chesterfield has remained a Seller's Market.

Insight

Chesterfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$572,366$183/SqFt
+$58,054
+11.3%

Based on all homes sold in the last 12 months

Insight

Homes in Chesterfield have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Chesterfield was $572,366 in December 2024, up 11.3% from last year, and the median price per square foot was $183.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Town and Country
+21.7%
Chesterfield
+11.3%
Ballwin
+4.7%
Lafayette Township
+3.5%
Clarkson Valley
-3.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$205K$470K
+129.3%
2$255K$257K
+0.8%
3$437K$482K
+10.3%
4$555K$630K
+13.5%
5$824K$792.5K
-3.8%

Summary: Chesterfield housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +129.3%. The home price for 2 bedroom homes increased by +0.8%. The home price for 3 bedroom homes increased by +10.3%. The home price for 4 bedroom homes increased by +13.5%. The home price for 5 bedroom homes decreased by -3.8%.

Housing supply in Chesterfield, MO

How many homes are available in Chesterfield, MO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
149Last MonthDec 2024
1832 months agoNov 2024
-18.6 %
Change MoMNov – Dec

Summary: The Chesterfield real estate market had 149 homes for sale in Dec 2024, a 18.6 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
51Last MonthDec 2024
572 months agoNov 2024
-10.5 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
111
0.0%
23428
-17.6%
34743
-8.5%
47056
-20.0%
53121
-32.3%

Summary: Chesterfield housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -17.6%. The inventory for 3 bedroom homes decreased by -8.5%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes decreased by -32.3%.

Asking Price vs. Sold Price

How much do homes in Chesterfield, MO cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price11 Homes

At Asking Price8 Homes

Under Asking Price32 Homes

Insight

If you're buying a home in Chesterfield, you may be able to get a good deal. 62.7% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Chesterfield in December 2024, down by 10.5% month-over-month. Of the 51 sold homes, 63% were sold under asking, 16% were sold at asking, and and 22% were sold over asking.

Days on Market for Chesterfield, MO

How long does it take to sell a home in Chesterfield, MO?

Breakdown of Home Sale Times

Under 30 Days31 Homes

30 – 90 Days15 Homes

Over 90 Days5 Homes

Insight

Many homes in Chesterfield are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 51 homes were sold in Chesterfield; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
32 DaysThis YearDec 2024
20 Days1 year agoDec 2023
+62.5 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Chesterfield had an average listing age of 32 days in Dec 2024, up by 62.5% compared to the previous year.

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Newest Listings in Chesterfield, MO

What homes are available in Chesterfield, MO?

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System, for the period 01/01/2023 - 01/01/2025

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:23:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.