Is Chesterfield, NJ 08515 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Chesterfield is a seller’s market. With about 1.7 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score49/ 100

More competitive than 50% of U.S. ZIP codes, and #407 of 444 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.7Under 4 months = seller’s market
Sold above original list21.7%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market71Listing to accepted offer
Median price per sq ft$253▼ −9.5% vs. last year

The Chesterfield housing market right now

In the three months ending August 31, 2026, 22% of homes in Chesterfield, NJ 08515 sold above their list price, the typical home went under contract in 71 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold more slowly (54 days then) and the median sale price fell 9% to $684,704. Overall, Chesterfield is less competitive than a year ago, which gives buyers more room.

Within Burlington County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 96%. On our competition score, Chesterfield ranks #407 of 444 NJ ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Cookstown 08511 (0% sold over asking), while Bordentown 08505 (55% sold over asking) and Mount Laurel 08054 (54% sold over asking) are even more competitive.

Nearby markets

Beverly 08010Seller’s market $201 /sq ftBordentown 08505Seller’s market $263 /sq ftBrowns Mills 08015Seller’s market $241 /sq ftBurlington 08016Seller’s market $227 /sq ft Browse all markets →

Where Chesterfield is

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Questions about Chesterfield real estate

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

A seller’s market: there were 1.7 months of supply in Chesterfield, NJ 08515 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Chesterfield?

The typical home went under contract in 71 days in the latest three months.

Do homes in Chesterfield sell over asking?

22% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Chesterfield?

About 2.31% of a home’s value a year in Chesterfield Twp, Burlington County, or roughly $9,220 on a $400,000 home.

What is the median home price in Chesterfield?

The median sale price was $684,704 in the three months ending August 31, 2026, about $253 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology