October's First-Time Homebuyer Report for Chesterfield

Chesterfield is a city that is growing about even with others in Indiana at a 10-year growth rate of -14.6%. It also has a larger than average population of 2,547 people. Chesterfield is made up of homes that are older than most with a median of 50 years. Heading the list of top schools in the city is Valley Grove Elementary School.

Price Range

Homes in Chesterfield are generally less expensive than others in the state with a median home value of $65,700 and an average list price of $54,567. While home sales in the Chesterfield market have been above average, in this week's report they slid 20.0% to four homes sold over the last 30 days.

Typical Dwelling

The typical dwelling in Chesterfield is a three-bedroom detached home worth about $48,577. To purchase a similar home, a buyer with good credit and a $9,715 cash down payment could obtain a mortgage with a 3.95% interest rate and a $214 monthly payment. The property tax rate is $8.68 per $1,000 of taxable assessed value.

Get started right now by checking out Chesterfield homes for sale or reviewing Chesterfield real estate trends.


Data reported through 10/13/2016

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