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CHESTERFIELD, VA 23838

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

Market Analysis

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

The CHESTERFIELD, VA real estate market (23838) currently shows 69 active listings, with 38 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 62 days on market compared to 40 days last year.

The median listing price has risen 3.1% year-over-year, from $672,213 to $692,906.

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
69
⇩ 29.6% vs 98 last year
Pending
38
55% pending ratio
Median Price
$692,906
⇧ 3.1% vs $672,213 last year
Average Price
$688,342
⇩ 8.4% vs $751,342 last year
Days on Market
62
⇧ 55% vs 40 days last year

Price Per Square Foot

Median $/sqft
$228
⇧ 9.6% vs $208/sqft last year
Median Home Size
2,990 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 98 last year
  • Days on market: 62 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $692,906 (+3.1% YoY)
  • Average: $688,342 (-8.4% 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 18.6 miles — 902 listings ($447,689,390 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23838Chesterfield, VA 238380.0 mi74$50,544,664$681,774$683,036
23833Church Road, VA 238337.6 mi3$1,401,000$467,000$467,000
23885Sutherland, VA 238859.6 mi10$5,750,000$542,500$575,000
23120Moseley, VA 2312010.4 mi158$116,502,564$678,950$737,358
23803Petersburg, VA 2380311.1 mi181$49,503,862$277,450$273,502
23114Midlothian, VA 2311411.5 mi103$45,728,910$446,112$443,970
23834Colonial Heights, VA 2383412.9 mi67$23,360,220$335,000$348,660
23235Richmond, VA 2323514.0 mi69$38,823,195$464,950$562,655
23224Richmond, VA 2322415.5 mi97$31,913,582$299,725$329,006
23894Wilsons, VA 2389416.2 mi1$350,000$350,000$350,000
23221Richmond, VA 2322118.0 mi28$19,480,020$625,000$695,715
23002Amelia Court House, VA 2300218.3 mi30$22,026,450$599,250$734,215
23220Richmond, VA 2322018.6 mi81$42,304,923$449,998$522,283

Frequently Asked Questions

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

As of February 2026, there are 69 active listings in CHESTERFIELD, VA (zip code 23838), compared to 98 the prior year.

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

The median listing price in CHESTERFIELD, VA 23838 is $692,906 as of February 2026, a 3.1% increase from $672,213 the prior year.

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

Homes in CHESTERFIELD, VA 23838 spend an average of 62 days on the market before going under contract, compared to 40 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 February 2026, CHESTERFIELD, VA 23838 is currently a Balanced Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 62 days on market compared to 40 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 $13,858 compared to a typical 5% commission on the median listing price of $692,906. 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.