Market Overview
Home Prices in Chesterfield, MO
The median home value in Chesterfield, MO is $587,585 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and up 4.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chesterfield are priced43% above average. Chesterfield is part of the St. Louis, MO-IL metro area.
Over the past five years, Chesterfield home values have risen by approximately28.6%, reflecting strong long-term appreciation in this market.
Price History
Chesterfield Home Price Trend
City Comparison
Chesterfield vs. National Median
At $587,585, homes in Chesterfield cost 43% above the national median of $410,000. Buyers in Chesterfield should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chesterfield?
20% Down Payment
$117,517
on $587,585
Monthly P&I
$3,064/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,891/mo
incl. taxes & insurance
Income Needed
$155,640
gross annual (30% rule)
10% Down Option
$58,759
+ PMI applies
Loan Amount (20% dn)
$470,068
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chesterfield, MO?
The median home value in Chesterfield is $587,585 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Chesterfield?
Over the past year, home values in Chesterfield have increased by 3.7%. Over five years, prices have risen approximately 28.6%.
How much do I need to earn to buy a home in Chesterfield?
To comfortably afford the median home price of $587,585 with a 20% down payment ($117,517) at today's rates (6.8%), you'd need a gross annual income of approximately $155,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Chesterfield compare to the national average home price?
The national median home value is approximately $410,000. At $587,585, homes in Chesterfield are 43% above the national average.
What metro area is Chesterfield part of?
Chesterfield is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.