The story of this market
The typical home in Chesterfield County, Virginia sells for about $430,500, or $216 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 13 days to sell, which is fast. Over the long run, values in this county have grown 181% since 2000. Last year 45 of 70 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,651 a month.
HUD sets the fair market rent for a 2-bedroom at $1,651 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+1.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+15.8%). Worst: 2011 (-6.5%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.6%
VA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,039
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1.4%
2025 change
FHFA repeat-sales index, median of 70 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
24
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $78,837,531.
Mortgage activity
Home lending in this county
78.3%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 21449 | 11058 | 78.3% | 2.8% | $235,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Chesterfield County, Virginia
Chesterfield County's housing market remains a robust seller's market, characterized by low inventory and steady price appreciation. Strong demand in mid-price tiers and a high volume of sales reflect the county's continued appeal as a primary residential destination in the Richmond area.
10 distress filing(s) on the ARED verified county foreclosure ledger. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 11 cities · 15 ZIP reports
Median prices moved up 11.1% year over year.
Homes spend a median of 34 days on market with 1.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 2.46% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 5.8% — a stable, low-distress profile.
Deterministic aggregate of 14 researched ZIP reports of 15 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Chesterfield County, Virginia — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 16
researched Sep 16
researched Sep 16
researched Sep 17
researched Oct 5
researched Sep 20
researched Sep 20
researched Sep 20
researched Sep 16
researched Sep 16
| 23112 | Midlothian | $450,000 | $217 | +0.7% | 25 | 100% | 15% | 3.2 | 343 | $1,764 | researched Sep 16 |
| 23113 | Midlothian | $342,385 | $223 | +13.2% | 16 | 100% | — | — | 3,081 | $1,789 | researched Sep 16 |
| 23114 | Midlothian | $517,000 | $217 | +28.8% | 29 | — | — | — | 155 | $1,711 | researched Sep 16 |
| 23120 | Moseley | $620,000 | $230 | +1.6% | 48 | — | — | — | 99 | $2,623 | researched Sep 17 |
| 23234 | North Chesterfield | $350,000 | $217 | — | 42 | — | — | — | 191 | $1,401 | researched Oct 5 |
| 23235 | Midlothian | $410,000 | $212 | +4.3% | 24 | 100.4% | 15% | 1.7 | 50 | $1,744 | researched Sep 20 |
| 23236 | Midlothian | $415,000 | $214 | 0% | 33 | — | — | — | 94 | $1,811 | researched Sep 20 |
| 23237 | North Chesterfield | $359,900 | $205 | +3.2% | 9 | 99.2% | 15% | 2.1 | 14 | $1,295 | researched Sep 20 |
| 23803 | Ettrick | $248,944 | $189 | -0.4% | 25 | — | — | — | 243 | $1,178 | researched Sep 16 |
| 23831 | Chester | $389,884 | $195 | -1.3% | 19 | 100% | — | — | 159 | $1,645 | researched Sep 16 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Chesterfield County generally reports lower crime rates compared to the national average and maintains a stable safety profile within the Richmond metropolitan area.
The county is served by Chesterfield County Public Schools, which is widely regarded for its strong academic performance and diverse educational programming.
The county faces standard regional risks including localized flooding in low-lying areas and occasional severe wind events, with insurance markets remaining stable.
Chesterfield experiences robust economic momentum driven by its proximity to Richmond, significant corporate presence, and ongoing residential and commercial development along the Route 288 corridor.
Property taxes are assessed by the county based on fair market value; the county maintains a competitive tax structure with specific exemptions for seniors and disabled veterans.
The county offers extensive recreational amenities including Pocahontas State Park, numerous community parks, golf courses, and access to the James and Appomattox Rivers.
The rental market remains competitive with steady demand and rent growth, supported by a mix of apartment communities and single-family rental inventory.
The county's economy is anchored by a diverse mix of healthcare, education, government, and retail sectors, benefiting from its strategic location in the Richmond region.
The county is served by a network of major highways including I-95, I-295, and Route 288, facilitating regional connectivity.
The Chesterfield County Real Estate Assessor's office conducts annual assessments based on market value to ensure equitable taxation.
The county is served by various utility and service districts that manage water, sewer, and fire protection services.
Property insurance markets in the county are stable, reflecting the region's moderate risk profile for natural disasters.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
The largest state park in Virginia, offering extensive hiking, biking, and water recreation.
A major local water feature providing boating, fishing, and scenic residential views.
A premier facility for youth sports and community outdoor activities.
Data retrieved from data.census.gov
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.