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CHESTERFIELD, VA 23838

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHESTERFIELD, VA real estate market (23838) currently shows 79 active listings, with 40 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 34 days on market compared to 32 days last year.

The median listing price has risen 3.6% year-over-year, from $671,935 to $695,988.

Whether you are buying or selling in CHESTERFIELD, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,947  ·  Density: 66.2/mi²  ·  Median household income: $124,512

Typical home value: $403,701  ·  Homeownership: 96.0%

Market Overview

Active Listings
79
⇩ 24.8% vs 105 last year
Pending
40
51% pending ratio
Median Price
$695,988
⇧ 3.6% vs $671,935 last year
Average Price
$710,590
⇩ 3.6% vs $737,420 last year
Days on Market
34
⇧ 6.3% vs 32 days last year

Price Per Square Foot

Median $/sqft
$218
⇧ 5.8% vs $206/sqft last year
Median Home Size
2,965 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 105 last year
  • Days on market: 34 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $695,988 (+3.6% YoY)
  • Average: $710,590 (-3.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.7 miles — 908 listings ($440,658,928 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23838Chesterfield, VA 238380.0 mi69$47,495,598$692,906$688,342
23833Church Road, VA 238337.6 mi3$1,149,000$383,000$383,000
23885Sutherland, VA 238859.6 mi11$5,305,388$472,400$482,308
23120Moseley, VA 2312010.4 mi181$123,206,338$651,750$680,698
23803Petersburg, VA 2380311.1 mi179$48,114,126$259,725$268,794
23114Midlothian, VA 2311411.5 mi104$47,842,496$450,916$460,024
23234Richmond, VA 2323413.0 mi124$42,162,976$321,225$340,024
23225Richmond, VA 2322515.4 mi66$33,745,074$347,925$511,289
23113Midlothian, VA 2311315.5 mi67$50,503,327$658,020$753,781
23836Chester, VA 2383616.7 mi45$23,388,345$510,000$519,741
23840Dewitt, VA 2384018.2 mi3$749,700$249,900$249,900
23805Petersburg, VA 2380518.5 mi48$14,470,224$304,713$301,463
23841Dinwiddie, VA 2384118.7 mi8$2,526,336$318,475$315,792

Frequently Asked Questions

How many homes are for sale in CHESTERFIELD, VA 23838?

As of March 2026, there are 79 active listings in CHESTERFIELD, VA (zip code 23838), compared to 105 the prior year.

What is the median home price in CHESTERFIELD, VA 23838?

The median listing price in CHESTERFIELD, VA 23838 is $695,988 as of March 2026, a 3.6% increase from $671,935 the prior year.

How long do homes stay on the market in CHESTERFIELD, VA?

Homes in CHESTERFIELD, VA 23838 spend an average of 34 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in CHESTERFIELD, VA 23838?

Based on current inventory and days-on-market data as of March 2026, CHESTERFIELD, VA 23838 is currently a Balanced Market. Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 34 days on market compared to 32 days last year.

How much can I save on real estate commission in CHESTERFIELD, VA?

With SELL123.com's maximum 3% commission, sellers in CHESTERFIELD, VA 23838 save an estimated $13,920 compared to a typical 5% commission on the median listing price of $695,988. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.