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Featured local agent — Chatfield, MN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chatfield, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chatfield, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chatfield, MN Housing Market & Real Estate

Seller's market+22.8% YoY

Housing market overview · Updated monthly ·

$310,000median sale price

How is the Chatfield, MN housing market right now?

The median home sale price in Chatfield, MN is $310,000, up 22.8% year-over-year. Homes sell in an average of 70 days with 5 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 Chatfield a buyer's or seller's market?

Seller's market1.0 months of supply70 avg. days on market

Chatfield, MN is currently a seller's market, based on 1.0 months of supply and homes selling in about 70 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

70

Average pace

Active listings

5

1.0 months supply

Sale-to-list

97.9%

Below asking

What does the Chatfield housing market data show?

Current housing market statistics for Chatfield, MN
MetricValue
Median sale price$310,000
Median list price$599,900
Year-over-year price change+22.8%
Average days on market70 days
Active inventory5 listings
Months of supply1.0 months
Sale-to-list price ratio97.9%
Median price per sq ft$169/sq ft
Homes sold (latest month)5
New listings (latest month)3
Listings with a price cut20.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Chatfield by property type?

How the Chatfield, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chatfield, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$415,190$184/sq ft4109 days
Condo / Co-op$185,500$163/sq ft147 days
Townhouse$275,000$165/sq ft170 days

Source: Redfin · Updated monthly

The Chatfield housing market is currently classified as a seller's market with a median sale price of $310,000. Prices have risen 22.8% compared to last year, with homes spending an average of 70 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.

Homes for sale in Chatfield

There are currently 5 homes listed for sale in Chatfield, Minnesota. The median listing price is $600K.

Active listings

5

Homes on market

Median list price

$600K

Avg. days on market

70

Days until sale

New this week

3

Newly listed

Price drops:20.0%of listings
Sale-to-list:97.9%

Who lives in Chatfield?

Population

2,693

Median income

$91,912/yr

Median age

38 years

Owner-occupied

88.3%

College grads

31.6%

Avg commute

21.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Chatfield?

Zillow home value

$368,015

Price-to-income

4.0x

Source: Zillow Research

What is it like to live in Chatfield?

Chatfield is a community of approximately 3K residents with a median age of 38 years.The median household income is $91,912, which reflects a relatively affluent area with strong earning potential. 31.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 88.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chatfield offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Chatfield?

3 schools tracked · 885 students

The largest public schools serving Chatfield, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

CHATFIELD ELEMENTARY SCHOOL

Grades PK-6 · 445 students

Public

CHATFIELD SECONDARY

Grades 7-12 · 437 students

Public

FOCUS ALP

Grades 9-12 · 3 students

Alternative

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Chatfield, MN?

Want a head-to-head view? Compare Chatfield side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Chatfield?

The median home sale price in Chatfield is $310,000, up 22.8% from last year.

How long do homes stay on market in Chatfield?

Homes typically spend 70 days on market before going under contract.

What is the median income in Chatfield?

The median household income is $91,912 per year.

Is Chatfield a buyer's or seller's market?

With 1.0 months of supply, Chatfield is currently a seller's market.

What is the Zillow home value estimate for Chatfield?

The Zillow Home Value Index (ZHVI) for Chatfield is $368,015, representing the typical home value in the area.

What is the median condo price in Chatfield?

The median condo/co-op sale price in Chatfield, MN is $185,500, compared to $415,190 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Chatfield?

The median single-family home price in Chatfield, MN is $415,190 (about $184 per square foot).

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