Chesterfield, Southfield, MI
Chesterfield — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Chesterfield, Southfield, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Chesterfield Neighborhood Overview
Chesterfield is a residential neighborhood located within the city of Southfield, Michigan. It offers a suburban atmosphere with convenient access to major metropolitan amenities. The community is characterized by its established homes and family-friendly environment.
Lifestyle & Amenities
Residents enjoy a quiet, neighborhood-centric lifestyle with easy access to Southfield's commercial corridors. Shopping, dining, and services are readily available along nearby thoroughfares like Telegraph Road and Lahser Road. The area provides a balance of residential calm and urban convenience.
Real Estate Market
The Chesterfield housing market features primarily single-family homes. According to recent data, the median home value is approximately $180,200, with a current price per square foot around $157. The market offers more affordable entry points compared to many other Detroit-area suburbs.
Schools & Education
Families in Chesterfield are served by the Southfield Public Schools district. The neighborhood is home to several public schools offering educational programs from elementary through high school. Parents have access to district resources and community educational events.
Transportation & Connectivity
Chesterfield boasts excellent connectivity via major roads like the Lodge Freeway (M-10) and Telegraph Road. This provides straightforward commutes to downtown Detroit, Oakland County employment centers, and Detroit Metropolitan Airport. Public transit options are available through the SMART bus system.
Why Choose Chesterfield
Chesterfield is an ideal choice for homebuyers seeking an affordable, established suburban community. Its central location offers unparalleled access to the entire metro Detroit region. The neighborhood represents a value-conscious option with a strong sense of community.
Chesterfield Market Data
| Metric | Value |
|---|---|
| Median Home Price | $180K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $54K |
| Homeownership Rate | 51.8% |
| Renter-Occupied | 48.1% |
| Rental Vacancy Rate | 9.8% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 48033 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Chesterfield, Southfield
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Chesterfield, Southfield, MI. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15