Is Chesterfield, VA 23832 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 2.2 months of supply and 32% 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 score72/ 100

More competitive than 77% of U.S. ZIP codes, and #98 of 358 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 supply2.2Under 4 months = seller’s market
Sold above original list31.8%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$210▲ +1.7% vs. last year

The Chesterfield housing market right now

In the three months ending August 31, 2026, 32% of homes in Chesterfield, VA 23832 sold above their list price, the typical home went under contract in 25 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 187 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 41%, homes sold more slowly (17 days then) and the median sale price rose 5% to $429,814. Overall, Chesterfield is less competitive than a year ago, which gives buyers more room.

Within Chesterfield County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Chesterfield ranks #98 of 358 VA ZIP codes with enough sales (score 72 out of 100).

Nearby, buyers who want less competition could look at Moseley 23120 (24% sold over asking) or Chesterfield 23838 (28% sold over asking), while Richmond 23235 (51% sold over asking) and Midlothian 23113 (45% sold over asking) are even more competitive.

Nearby markets

Chester 23831Seller’s market $207 /sq ftChester 23836Seller’s market $192 /sq ftChesterfield 23838Seller’s market $206 /sq ftColonial Heights 23834Seller’s market $184 /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 2.2 months of supply in Chesterfield, VA 23832 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 25 days in the latest three months.

Do homes in Chesterfield sell over asking?

32% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Chesterfield?

About 0.76% of a home’s value a year in Chesterfield County, or roughly $3,040 on a $400,000 home.

What is the median home price in Chesterfield?

The median sale price was $429,814 in the three months ending August 31, 2026, about $210 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