05/06/2026
🏡 Chesterfield County Real Estate Market Update 📊
Are you curious about what’s happening in our local housing market? The latest numbers for March are in, and the Chesterfield market remains active and competitive! Whether you’re looking to buy or sell, here is the "need-to-know" info:
🏠 Single-Family Homes
Sales are Surging: Closed sales jumped by 24.7% compared to last March
Home Values: The median sales price has risen to $431,575
Strong Competition: On average, sellers are receiving 100.4% of their original list price
Inventory Alert: The number of homes for sale is down nearly 20% from last year, meaning buyers need to act fast!
Speed: Homes are staying on the market for an average of 37 days
🏢 Condos & Townhomes
Major Growth: Closed sales for condos and townhomes skyrocketed by over 59%!
More Choices: New listings are up a massive 73.3%, providing more options for buyers in this category
Faster Sales: These homes are selling 25.8% faster than they did last year, averaging 46 days on market
Price Point: The median sales price for March was $375,000
The Bottom Line: Inventory for single-family homes remains tight, while the condo/townhome market is seeing a significant boost in both new listings and total sales
If you’ve been thinking about making a move, now is the time to stay informed!
Thinking of buying or selling? DM me today for a custom analysis of your home's value! 📩