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George H. Haven HouseGeorge H. Haven House · Photo: Jonathunder · CC BY-SA 3.0
Housing in Chatfield

46 homes sold in Chatfield in the last year, at a typical $278K

Almost every sale is a house. 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 Chatfield homes are listed.

Homes sold
46
June 2025 to May 2026
Typical sale price
$278K
median, weighted by sales
Price per square foot
$166
Minnesota $190
Paid vs. asking
98.3%
15% sold over asking
For sale now
5
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 91% of Chatfield’s sales, at a typical $300K

46 homes sold in the year to May 2026.

Houses$300K

typical sale · 42 sold in 12 months

Per square foot
$168MN $191
Days to sell
52
Sold over asking
17%
Listings with a price cut
30%
Fewer sales

Townhouses: 3 sold, typical $221K
Condos: 1 sold, typical $186K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

46 sales in the last year, against 57 in 2016 and a low of 35 in 2019. The typical sale went from $141K in 2016 to $278K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2012: 50 sold, typical $139K’122013: 51 sold, typical $126K2014: 37 sold, typical $136K’142015: 44 sold, typical $146K2016: 57 sold, typical $141K’162017: 44 sold, typical $156K2018: 39 sold, typical $167K’182019: 35 sold, typical $179K2020: 44 sold, typical $212K’202021: 51 sold, typical $240K2022: 40 sold, typical $297K’222023: 39 sold, typical $248K2024: 35 sold, typical $271K’242025: 46 sold, typical $279KLast 12 months: 46 sold, typical $278KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Chatfield

Houseat $168 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Chatfield 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 Chatfield are rarer than before the pandemic, with about as many homes for sale

We read every month of Chatfield’s home sales 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, 46 sales.

If you’re buying in Chatfield

  • Shop in August. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Some room to negotiate. 32% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.3% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

August has the most new listings (about 6 a month), but October is the most competitive: 36% of October sales close over asking. February has the least competition (4%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 17% sold over asking, 239 days to sellJFeb: 3 new listings a month, 4% sold over asking, 141 days to sellFMar: 4 new listings a month, 23% sold over asking, 77 days to sellMApr: 4 new listings a month, 24% sold over asking, 168 days to sellAMay: 4 new listings a month, 33% sold over asking, 469 days to sellMJun: 5 new listings a month, 30% sold over asking, 35 days to sellJJul: 5 new listings a month, 36% sold over asking, 75 days to sellJAug: 6 new listings a month, 26% sold over asking, 56 days to sellASep: 5 new listings a month, 24% sold over asking, 34 days to sellSOct: 5 new listings a month, 36% sold over asking, 72 days to sellONov: 2 new listings a month, 14% sold over asking, 49 days to sellNDec: 2 new listings a month, 26% sold over asking, 57 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Minnesota

Chatfield now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price15%25%45%33%
Gone within two weeksShare of homes under contract within 14 days27%14%56%42%
Listings with a price cutShare of homes for sale that cut their price32%30%45%28%
Price paid vs. askingAverage sale price ÷ list price98.3%98.8%100.6%99.2%
Days to sellMedian days from listing to contract511833335
Supply

10 homes for sale on a typical day

That’s 1.7 times the 2022 low (6), about the 2017–19 level and well under 2012’s 25.

2012: 25 for sale’122013: 22 for sale2014: 15 for sale2015: 12 for sale’152016: 15 for sale2017: 11 for sale2018: 7 for sale’182019: 9 for sale2020: 7 for sale2021: 6 for sale’212022: 6 for sale2023: 8 for sale2024: 10 for sale’242025: 10 for saleLast 12 months: 10 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 30% in 2017–19 and 28% across Minnesota.

2015: 12%’152018: 30%2019: 30%2020: 32%’202021: 45%2022: 38%2023: 31%’232024: 28%2025: 33%Last 12 months: 32%Now

Source: Redfin Data Center, city market tracker, 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 Chatfield home costs about $1,792 a month

Mortgage
Property tax
Insurance
Rent

Price: Chatfield’s typical sale, last 12 months. Property tax at Chatfield’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chatfield is affordable on local pay is on Cost of living.

Before you buy in Chatfield

Six things worth knowing

6

New listings in August

The month with the most choice. December has the fewest, about 2.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $278K home, about $4,100 a year.

Taxes vs. neighbors
A

Schools

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

Schools in Chatfield
22 min

Typical commute

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

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

St. Charles, Preston, Spring Valley and Lewiston sell for less a square foot

The busier markets within 25 miles of Chatfield, 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
Stewartville75$290K$17633%43
Chatfield46$278K$16615%51
St. Charles36$293K$15817%62
Spring Valley32$234K$14131%92
Preston23$214K$13213%61
Eyota22$354K$18932%73
Lewiston22$288K$12818%57

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 Chatfield, free

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

Questions about buying a home in Chatfield

What do homes sell for in Chatfield, MN?

46 homes sold in the year to May 2026 at a typical $278K, $166 a square foot.

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

A seller’s market: 5 homes were for sale in May 2026 and 5 sold, about 1 months of supply. Buyers paid 98.3% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Chatfield?

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

How much are property taxes in Chatfield?

About 1.5% of a home’s value a year. On a $278K home that’s near $4,100.

Where can I see homes for sale in Chatfield?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).