Chesterfield, MO—63017
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chesterfield, MO
As of Oct '25, the median home price in Chesterfield, MO is $536,000, with a year-over-year change of 4.6%. This indicates that home prices in Chesterfield, MO are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $536,000 | 4.6% |
| Single Family | $557,000 | 4.3% |
| Condos | $320,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $403,000 | 1.8% |
2 Bed | $289,000 | 1.0% |
3 Bed | $474,000 | 3.9% |
4 Bed | $572,000 | 4.6% |
| 5 Bed | $689,000 | 3.9% |
% of Housing Stock
Rental Trends — Chesterfield, MO
As of July '25, Rentcast reports the average rent in Chesterfield, MO is $2,660, with a year-over-year rent change of 14.7%. Per bedroom, the median rent as of July '25 in Chesterfield, MO is 1-bedrooms: $1,310, 2-bedrooms: $1,970, 3-bedrooms: $2,570, 4-bedrooms: $3,460. The most common rental property sizes in Chesterfield, MO are 2-bedroom and 1-bedroom, accounting for 45.7% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $2,660 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,340 | $1,310 |
| 2 Bed Rent | $1,500 | $1,970 |
| 3 Bed Rent | $2,300 | $2,570 |
| 4 Bed Rent | $3,250 | $3,460 |
% of Rental Stock
Property Listings — Chesterfield, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Chesterfield, MO is 38. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $526,000 | 5.0% |
Listing Count | 119 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 38 | 10.0% |
Demographics — Chesterfield, MO
As of the latest ACS Survey released in 2023, Chesterfield, MO has a population of 43,100, which has increased by 3.7% over the past 5 years. Chesterfield, MO is a moderately popular place for families, as children make up 20.8% of the population. The area has a highly educated workforce, with 70.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,100 | 3.7% |
% Under 18 | 20.8% | 2.0% |
% Seniors | 27.7% | 3.7% |
% WFH | 23.4% | 188.9% |
% w/ College Degree | 70.1% | 7.7% |
As of the latest ACS Survey released in 2023, Chesterfield, MO is a predominantly white area, with 74.5% of the population identifying as white. The white population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Chesterfield, MO is asian, making up 13.3% of the population. Foreign-born residents account for 15.9% of the population in Chesterfield, MO, and this percentage has increased by 21.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.5% | -6.6% |
% Black | 3.6% | -16.3% |
% Hispanic | 2.6% | -10.3% |
% Asian | 13.3% | 20.9% |
% Foreign Born | 15.9% | 21.4% |
Mortgage and Risk — Chesterfield, MO
According to HUD data as of 2023, there were 31 mortgage originations in Chesterfield, MO, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Chesterfield, MO. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 31 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Chesterfield, MO
As of 2024, the percent of homes in Chesterfield, MO under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Chesterfield, MO, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,340 | $1,330 |
| 2 Bedroom | $140 | $1,500 | $1,640 |
| 3 Bedroom | -$180 | $2,300 | $2,120 |
| 4 Bedroom | -$810 | $3,250 | $2,440 |
Affordability — Chesterfield, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $536,000 |
| Median Household Income | $129,000 |