Chestnut Lake
Homes for Sale in Lithonia, GA
All 251 homes for sale in Lithonia, GA · median $239,000 · 148 homes for sale in 30038
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Cody Nguyen, Virtual Properties Realty.Net · via Georgia MLS
As of September 2026, Chestnut Lake in Lithonia, GA has 5 homes for sale and 3 pending, asking from $224,900 to $269,900 (median $261,000). Over the 12 months ending 2026-09-20, 14 recorded sales closed at a median of $217,500, $134 per square foot, a median 30 days on market, sellers accepting 91% of original asking (-8% versus the prior year). Homes listed or recently sold were built 1977–2020. At the median price and DeKalb County's 2025 rate of 34.42 mills, annual property tax runs about $2,990.
| Location | Lithonia, DeKalb County, GA · ZIP 30038 |
|---|---|
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | None, Lake, Walk To Schools, Carbon Monoxide Detector(s), Clubhouse, Near Shopping |
| Sale prices, last 12 months | $217,500 median across 14 closed sales · $134 per sq ft · -8.1% vs the prior 12 months |
| Days on market (closed sales) | 30 median |
| For sale right now | 5 active, 3 pending · median asking $261,000 · 3.0 months of supply |
Data as of September 20, 2026. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Market figures describe homes, not residents. Cite as: Momentum Realty, “Chestnut Lake key facts,” movewithmomentum.com/neighborhoods/chestnut-lake, data as of September 20, 2026.
Last 30 days in Chestnut Lake: 3 new listings (median asking $240,000), 3 under contract right now, 1 closed sale (median $220,000). As of September 21, 2026, Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed.
Homes For Sale Right Now in Chestnut Lake
Live MLS inventory for Chestnut Lake. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 14 daysTop listing
Active · 61 days
Active · 48 days
Active · 14 days
Active · 0 days
Pending · 14 days
Pending · 22 days
Pending · 55 daysActive and pending Chestnut Lake listings as of 2026-09-21, priced high to low. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. 
Tap any home to ask about it.
Every Home for Sale in Chestnut Lake Right Now (8)
All 8 active and pending Chestnut Lake listings with a detail page, newest first, refreshed twice a day from the MLS.
- 4384 Chestnut Oaks Trace · $224,900 · 3 bd / 2 ba · listed Sep 20, 2026 · listed by Dreamscape Realty
- 4251 Chestnut Lake Avenue · $269,900 · 4 bd / 2.5 ba · listed Sep 11, 2026 · listed by J L Weatherspoon Realty, Inc
- 3681 Chestnut Lake Court · $225,000 · 3 bd / 2.5 ba · pending · listed Sep 1, 2026 · listed by Keller Williams Realty Atl. Partners
- 6550 Browns Mill Ferry Drive · $240,000 · 3 bd / 2.5 ba · listed Aug 27, 2026 · listed by Keller Williams Realty Atl. Partners
- 6574 Lake Mill Trace · $264,900 · 4 bd / 2.5 ba · listed Aug 27, 2026 · listed by Priority One Realty
- 6563 Lake Mill Trace · $269,900 · 4 bd / 2.5 ba · pending · listed Aug 27, 2026 · listed by Solutions First Realty LLC
- 4880 Browns Mill Ferry Road · $261,000 · 4 bd / 2.5 ba · listed Jul 27, 2026 · listed by EveryState
- 6592 Browns Mill Ferry Drive · $155,000 · 3 bd / 2 ba · pending · listed Jul 17, 2026 · listed by Solutions First Realty LLC
Chestnut Lake's numbers point to a value-priced pocket of DeKalb County. The median sale price sits at $215,000, with a median price per square foot of $133.68 — both figures well below what buyers see in tighter-inventory pockets of metro Atlanta. That combination suggests homes here trade on condition and square footage more than on any singular amenity draw, since current MLS listings show no identified community amenities.
A median days-on-market of 31 tells a fairly balanced story: homes are not sitting for months, but they are not going in a bidding-war frenzy either. With 13 closings in the current snapshot window, this is a market with real, if modest, transaction volume — enough to establish a price trend, but not so much that a seller can assume automatic competition among buyers. Pricing to the comps, not above them, is what keeps days-on-market in that low-30s range.
Chestnut Lake right now
🟡 Balanced market. 3.0 months of supply and 38% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Georgia MLS records, as of September 20, 2026. Confidence: High (8 active and pending listings, 14 closed sales in 12 months).
🔴 Off the recent peak. The trailing-12-month median ($218K) is down 8.1% from the prior 12 months ($237K). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Georgia MLS closed sales, 12-month windows ending September 20. Confidence: Medium (14 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 22, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Chestnut Lake market snapshot (as of September 20, 2026): the median sale price is about $218K ($134 per sq ft over the trailing 12 months of closed sales), a median 31 days on market for closed sales, and 3.0 months of supply, a balanced market. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Georgia MLS closed sales (14 closings in the current window).
In ZIP 30038 (Lithonia), 300 homes closed in the last 12 months at a median of $254K ($145/sq ft), down 2.0% year over year, with a median 43 days on market. Right now 78 active and 15 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 30038 housing market.
Georgia MLS sales records identify 32 homes in Chestnut Lake that have changed hands since 2023, built between 1999 and 2003 (median 2000), with a median living area of about 1,580 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are single-family homes. Source: Georgia MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community. Georgia has no statewide parcel roll comparable to Florida’s DOR file, so ownership and homestead shares are not shown.
Chestnut Lake is a Lithonia community in DeKalb County where recent sales cluster around a $215,000 median price and a per-square-foot figure near $134 — a market defined more by home size and condition than by shared amenities.
The setting & the homes.
Aerial and on-site photos of Chestnut Lake. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Chestnut LakeChestnut LakeChestnut LakeChestnut LakeChestnut LakeChestnut LakeChestnut LakeChestnut LakePhotos from Georgia MLS listings in Chestnut Lake; content deemed reliable but not guaranteed.
Who Chestnut Lake is best for.
Best for
- Buying a home based on price per square foot rather than a list of community perks.
- Working with a modest days-on-market window and pricing near the current median to move efficiently.
- Looking in DeKalb County for a value-oriented entry point close to Lithonia.
Probably not for
- Wanting a clubhouse, pool, or organized amenity package as part of the purchase.
- Expecting a high sales-volume market with dozens of comparable closings to draw from.
- Needing a fast multiple-offer sale environment rather than a roughly month-long marketing period.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Georgia MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($218K) IS the median in the snapshot above, and the move from 2025 ($237K) IS the -8.1% one-year change.
Windows contain 0 to 14 sales each (14 in the current window); every figure carries its sample size, and thin markets swing on single closings. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Deemed reliable but not guaranteed.
17% of homes for sale in ZIP 30038 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-22).
Chestnut Lake Market Scorecard
Chestnut Lake is currently a seller's market. About 3.0 months of supply, a median asking price of $261,000, and homes go under contract in about 31 days.
Go deeper: true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Chestnut Lake on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Georgia MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- DeKalb County School System
- Verify the zoned schools by address
- Magnet and choice options may be available
- Murphy Candler · Elementary
- Salem · Middle
- Martin Luther King Jr · High
District figures are official Georgia (GOSA) 2024-25 data. Zoned schools reflect the assignments reported on recent Chestnut Lake listings and can change; always confirm with the DeKalb County School System for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Chestnut Lake address.
Shop the zone: Homes zoned for Murphy Candler Elementary School · Homes zoned for Salem Middle School · Homes zoned for Dutchtown High School · Homes zoned for Martin Luther King Jr High School
The Chestnut Lake buying strategy.
If we were buying in Chestnut Lake today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Chestnut Lake.
Reading the Numbers Here
With no community amenities identified from current MLS listings, Chestnut Lake's value proposition comes down to the home itself and its price relative to size. A median $133.68 per square foot gives buyers and sellers a workable yardstick: homes priced meaningfully above that line need a condition or lot-size story to justify it, and homes priced well below it are worth a closer look at what's driving the discount.
The median days-on-market of 31 suggests buyers here are not rushing decisions, and sellers should not expect an immediate multiple-offer outcome. Across the 13 closings captured in this window, pricing at or near the median price point has been the more reliable path to a sale that doesn't linger.
The location and the amenities are priced into every listing in Chestnut Lake. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Chestnut Lake buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.0). Basis: Recent Direction -8.1% year-over-year; Liquidity & Demand 3.0 months of supply; Pricing Power 91.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market like Chestnut Lake, where per-square-foot pricing does most of the talking and amenities aren't part of the equation, an agent who reads the comps precisely — rather than leaning on a listing sheet of extras — is the difference between a home priced to move and one that lingers past its 31-day median. Momentum treats every listing here on its own condition and square footage merits, not a generic neighborhood story.
Chestnut Lake in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Chestnut Lake buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Chestnut Lake sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Chestnut Lake, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Chestnut Lake home worth?
Get a no-obligation home value based on real comparable sales in Chestnut Lake, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Lithonia →
Recently off market in Chestnut Lake
Homes in Chestnut Lake that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 6582 Browns Mill Ferry Drive · off market
- 6831 Browns Mill Walk · off market
Frequently Asked Questions
What is the median home price in Chestnut Lake?
How long do homes in Chestnut Lake take to sell?
Is Chestnut Lake a buyer's or seller's market right now?
Who is the best real estate agent for Chestnut Lake?
How do I find a top Lithonia real estate agent who knows Chestnut Lake?
Can Momentum Realty connect me with an agent for Chestnut Lake?
Where is Chestnut Lake, and what county is it in?
Is Chestnut Lake a good place to live?
Should you buy in Chestnut Lake?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 21, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | Georgia MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2023 (33 transactions analyzed) |
Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.
Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum will price yours against live local comps — a real number, not an algorithm’s guess.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how Chestnut Lake fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Chestnut Lake with Momentum Realty’s local guides.