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Featured local agent — Chesterfield, IL
Sarah Mitchell
Compass Real Estate · Chesterfield, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chesterfield, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$650,500median sale price
How is the Chesterfield, IL housing market right now?
The median home sale price in Chesterfield, IL is $650,500, down 39.8% year-over-year. Homes sell in an average of 18 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chesterfield a buyer's or seller's market?
Chesterfield, IL is currently a seller's market, based on 1.5 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
18
Fast-moving
Active listings
3
1.5 months supply
Sale-to-list
99.7%
Below asking
What does the Chesterfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $650,500 |
| Median list price | $799,900 |
| Year-over-year price change | -39.8% |
| Average days on market | 18 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $175/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chesterfield by property type?
How the Chesterfield, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $650,500 | $175/sq ft | 2 | 18 days |
Source: Redfin · Updated monthly
The Chesterfield housing market is currently classified as a seller's market with a median sale price of $650,500. Prices have fallen 39.8% compared to last year, with homes spending an average of 18 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Chesterfield
There are currently 3 homes listed for sale in Chesterfield, Illinois. The median listing price is $800K.
Active listings
3
Homes on market
Median list price
$800K
Avg. days on market
18
Days until sale
New this week
3
Newly listed
Who lives in Chesterfield?
Population
244
Median income
$60,313/yr
Median age
31.6 years
Owner-occupied
94.9%
College grads
21.2%
Avg commute
41 min
Source: U.S. Census Bureau ACS
What is it like to live in Chesterfield?
Chesterfield is a community of approximately 0K residents with a median age of 31.6 years.The median household income is $60,313, which represents a working-class community with solid middle-income opportunities. 21.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 41 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Chesterfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Chesterfield, IL?
Want a head-to-head view? Compare Chesterfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chesterfield?
The median home sale price in Chesterfield is $650,500, down 39.8% from last year.
How long do homes stay on market in Chesterfield?
Homes typically spend 18 days on market before going under contract.
What is the median income in Chesterfield?
The median household income is $60,313 per year.
Is Chesterfield a buyer's or seller's market?
With 1.5 months of supply, Chesterfield is currently a seller's market.
How much does a single-family home cost in Chesterfield?
The median single-family home price in Chesterfield, IL is $650,500 (about $175 per square foot).
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