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Housing in Chesterfield Township

223 homes sold in Chesterfield Township in the last year, at a typical $310K

Redfin reports Chesterfield Township’s sales by ZIP code, so these figures are for ZIP 48051, which takes in Chesterfield Township and the area around it. Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Chesterfield Township homes are listed.

Homes for sale in Chesterfield TownshipZillowRealtor.comMore places to look ↓
Homes sold
223
ZIP 48051 · June 2025 to May 2026
Typical sale price
$310K
houses $347K · condos $238K
Price per square foot
$183
Michigan $172
Paid vs. asking
99.4%
33% sold over asking
For sale now
47
May 2026 · 22 sold that month
What sold · last 12 months · ZIP 48051

43% of Chesterfield Township’s sales are condos, at $109K less than a house

126 houses and 97 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$347K

typical sale · 126 sold in 12 months

Per square foot
$195MI $172
Days to sell
21
Sold over asking
42%
Condos$238K

typical sale · 97 sold in 12 months

Per square foot
$161MI $190
Days to sell
34
Sold over asking
20%
14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

223 sales in the last year, against 416 in 2021 and a low of 202 in 2025. The typical sale went from $170K in 2016 to $310K.

Homes soldTypical sale price
0112225337450$100K$200K$300K$400K2012: 223 sold, typical $105K’122013: 318 sold, typical $136K2014: 270 sold, typical $149K’142015: 334 sold, typical $154K2016: 379 sold, typical $170K’162017: 354 sold, typical $187K2018: 372 sold, typical $198K’182019: 349 sold, typical $195K2020: 365 sold, typical $224K’202021: 416 sold, typical $251K2022: 315 sold, typical $257K’222023: 241 sold, typical $265K2024: 252 sold, typical $293K’242025: 202 sold, typical $315KLast 12 months: 223 sold, typical $310KNow

Source: Redfin Data Center, MLS sales; for ZIP 48051, which takes in Chesterfield Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Chesterfield Township

Houseat $195 a sq ft
Condoat $161 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Chesterfield Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Chesterfield Township are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of home sales in ZIP 48051 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 223 sales.

If you’re buying in Chesterfield Township

  • Shop in October. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
  • Bid near asking. Buyers paid 99.4% of the list price on average; 33% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 39 a month), and the most competition: 35% close over asking. September and October offer nearly as much choice with fewer homes bid up (31%). January has the least competition (21%) but only about 21 new listings.

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 21 new listings a month, 21% sold over asking, 35 days to sellJFeb: 21 new listings a month, 23% sold over asking, 43 days to sellFMar: 28 new listings a month, 27% sold over asking, 43 days to sellMApr: 31 new listings a month, 29% sold over asking, 34 days to sellAMay: 36 new listings a month, 31% sold over asking, 25 days to sellMJun: 36 new listings a month, 34% sold over asking, 20 days to sellJJul: 39 new listings a month, 35% sold over asking, 16 days to sellJAug: 38 new listings a month, 33% sold over asking, 19 days to sellASep: 35 new listings a month, 31% sold over asking, 21 days to sellSOct: 32 new listings a month, 28% sold over asking, 25 days to sellONov: 28 new listings a month, 27% sold over asking, 24 days to sellNDec: 23 new listings a month, 23% sold over asking, 28 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Michigan as a whole

Chesterfield Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price33%23%43%31%
Gone within two weeksShare of homes under contract within 14 days47%34%47%43%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price99.4%98.7%101.1%98.4%
Days to sellMedian days from listing to contract25222033
Supply

47 homes for sale on a typical day

That’s 1.3 times the 2024 low (37), 26% fewer than in 2017–19 and well under 2015’s 96.

2012: 94 for sale’122013: 81 for sale2014: 95 for sale2015: 96 for sale’152016: 81 for sale2017: 53 for sale2018: 52 for sale’182019: 83 for sale2020: 77 for sale2021: 40 for sale’212022: 43 for sale2023: 41 for sale2024: 37 for sale’242025: 39 for saleLast 12 months: 47 for saleNow
Prices by type

Since 2019, houses are up 54%, condos 41%

A house typically sold for $347K in the last year (126 sales), a condo for $238K (97).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $175K, 182 salesHouses 2014: $166K, 171 salesHouses 2015: $190K, 181 salesHouses 2016: $200K, 207 salesHouses 2017: $222K, 189 salesHouses 2018: $226K, 197 salesHouses 2019: $225K, 174 salesHouses 2020: $257K, 189 salesHouses 2021: $305K, 207 salesHouses 2022: $333K, 168 salesHouses 2023: $359K, 130 salesHouses 2024: $357K, 133 salesHouses 2025: $358K, 117 salesHouses last 12 months: $347K, 126 salesHouses $347KCondos 2013: $101K, 137 salesCondos 2014: $115K, 99 salesCondos 2015: $121K, 152 salesCondos 2016: $135K, 171 salesCondos 2017: $144K, 166 salesCondos 2018: $159K, 175 salesCondos 2019: $169K, 174 salesCondos 2020: $174K, 177 salesCondos 2021: $189K, 209 salesCondos 2022: $220K, 147 salesCondos 2023: $216K, 111 salesCondos 2024: $234K, 119 salesCondos 2025: $231K, 85 salesCondos last 12 months: $238K, 97 salesCondos $238K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 48051, which takes in Chesterfield Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Chesterfield Township home costs about $1,933 a month

Mortgage
Property tax
Insurance
Rent

Price: Chesterfield Township’s typical sale, last 12 months. Property tax at Chesterfield Township’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chesterfield Township is affordable on local pay is on Cost of living.

Before you buy in Chesterfield Township

Six things worth knowing

39

New listings in July

The month with the most choice. January has the fewest, about 21.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $310K home, about $3,780 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Chesterfield Township, from test results, graduation and how much students grow.

Schools in Chesterfield Township
27 min

Typical commute

The average one-way trip to work for people who live in Chesterfield Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

New Haven, Mount Clemens, Richmond and Utica sell for less a square foot

The busier markets within 25 miles of Chesterfield Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Chesterfield Township (ZIP 48051)223$310K$18333%25
Mount Clemens188$183K$12836%33
New Baltimore142$389K$19035%32
New Haven75$319K$16741%29
Richmond73$291K$17826%49
Utica62$232K$16621%46
Pearl Beach60$365K$22218%31

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Chesterfield Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Chesterfield Township. People who follow the town see it, and so do people comparing Chesterfield Township with their own town. No commission, no listing fee.

Questions about buying a home in Chesterfield Township

What do homes sell for in Chesterfield Township, MI?

223 homes sold in the year to May 2026 at a typical $310K, $183 a square foot. Houses sold for about $347K, condos for about $238K.

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

A seller’s market: 47 homes were for sale in May 2026 and 22 sold, about 2.1 months of supply. Buyers paid 99.4% of asking on average.

When is the best time to buy in Chesterfield Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Chesterfield Township?

About 1.2% of a home’s value a year. On a $310K home that’s near $3,780.

Where can I see homes for sale in Chesterfield Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Chesterfield Township’s MLS listings; the search links above open each one filtered to Chesterfield Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 48051, which takes in Chesterfield Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).