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Thursday, November 28, 2024

Chesterfield median home prices fell by 32.7% in the third quarter of 2021

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The median sale price of a home sold in the third quarter of 2021 in Chesterfield fell by $145,500 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2021, there were three homes sold, with a median sale price of $300,000 - a 32.7% decrease over the $445,500 median sale price for the same period of the previous year. There were two homes sold in Chesterfield in the third quarter of 2020.

The median sales tax in Chesterfield for the most recent year with available data, 2019, was $1,584, approximately 0.5% of the median home sale price for the third quarter of 2021.

The following table compares Chesterfield to other Charleston County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Melrose25-60%$335,250$244,00037.4%
Long Branch Estates25-60%$330,000$259,00027.4%
Church Creek220%$319,250$259,50023%
Plantation Estates63100%$312,500$240,00030.2%
McClellanville58-37.5%$300,000$324,000-7.4%
Chesterfield3250%$300,000$445,500-32.7%
Summerville1830-40%$275,000$218,00026.1%
North Charleston254369-31.2%$225,000$190,00018.4%
Ladson261936.8%$217,500$150,50044.5%
Ponderosa6450%$211,500$165,50027.8%
Adams Run8633.3%$204,250$193,0005.8%

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