Chesterfield County — Single-Family
Move-Up Market ($500K+, Last 6 Months)

Market-Level Metrics

Monthly Sold Trend

Bars are homes closed per month; the orange line is median sale price. The first and last months are partial (the scrape window opens and closes mid-month). Volume builds into spring — 155 closings in the latest month versus 116 at the window’s start — while median price holds in a tight $615K–$659K band. Chesterfield’s move-up pricing was essentially flat across the half-year; the story is rising volume, not rising prices.

Where Move-Up Homes Trade — ZIPs by Volume

The geographic spread is the real signal. Among ZIPs with 10+ sales, 23113 commands the top $/sf ($241/sf, median $828K) — the Salisbury / west-Midlothian premium — while 23831 anchors the value end ($180/sf, median $533K). The two highest-volume ZIPs, 23120 and 23112, are where most of the move-up turnover actually happens.

All 15 ZIPs shown, ranked by sales volume. $/sf varies by submarket, age, and lot — use county GIS and MLS for a specific address.

Assessment vs Market

Across sales with a published assessment, the Chesterfield tax-assessed value runs about 86% of the sale price — i.e. homes trade for roughly 1.17× their assessment. That gap is the normal lag between annual reassessment and a moving market, not a mispricing to bank on, but it is useful context when reading a listing’s assessment against its ask. Verify the current assessment and any pending reassessment with Chesterfield County before transacting.

Full Transaction Register