Market Overview
Home Prices in Chesterfield Township, NJ
The median home value in Chesterfield Township, NJ is $720,215 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chesterfield Township are priced76% above average. Chesterfield Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.
Over the past five years, Chesterfield Township home values have risen by approximately42.9%, reflecting strong long-term appreciation in this market.
Price History
Chesterfield Township Home Price Trend
City Comparison
Chesterfield Township vs. National Median
At $720,215, homes in Chesterfield Township cost 76% above the national median of $410,000. Buyers in Chesterfield Township should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chesterfield Township?
20% Down Payment
$144,043
on $720,215
Monthly P&I
$3,756/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,770/mo
incl. taxes & insurance
Income Needed
$190,800
gross annual (30% rule)
10% Down Option
$72,022
+ PMI applies
Loan Amount (20% dn)
$576,172
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 Township, NJ?
The median home value in Chesterfield Township is $720,215 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Chesterfield Township?
Over the past year, home values in Chesterfield Township have increased by 3.5%. Over five years, prices have risen approximately 42.9%.
How much do I need to earn to buy a home in Chesterfield Township?
To comfortably afford the median home price of $720,215 with a 20% down payment ($144,043) at today's rates (6.8%), you'd need a gross annual income of approximately $190,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Chesterfield Township compare to the national average home price?
The national median home value is approximately $410,000. At $720,215, homes in Chesterfield Township are 76% above the national average.
What metro area is Chesterfield Township part of?
Chesterfield Township is part of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metropolitan area. Home prices and market conditions can vary across the broader metro region.