Chesterfield, New Jersey, August 2026, Single Family + Condo/Townhouse/Apt.
Q: Are prices rising?
A: The median sold price in Chesterfield is $615,000, which represents a 5% decrease from the previous month, signaling a slight cooling in the market.
Q: How is inventory looking?
A: Chesterfield has a 2.4-month supply of inventory, with inventory levels down by 20% both month-over-month and year-over-year, indicating a tighter market for potential buyers.
Q: What about new listings?
A: There are currently 2 new listings, but the market remains competitive with the median new pending list price at $674,949 and properties spending a median of 42 days in RPR before going under contract.
Q: Are homes selling quickly?
A: Homes in Chesterfield are selling in a median of 44 days, with a sold-to-list price ratio of 104.86%, reflecting a 10% month-over-month increase, which suggests that buyers are still offering above list price to secure homes.
Chesterfield offers scenic parks and easy access to major highways for convenient commuting. With the current market dynamics, buyers can consider the potential for value appreciation as inventory remains limited and demand sustains. For guidance on navigating the Chesterfield housing market, connect with one of our ERA Central Realty Group agents