Is Chester Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
At the same time last year, Chester Township was a Seller's Market.
Key Takeaway
Chester Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in Chester Township, OH cost?
Median Sold Price
$325,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Key Takeaway
Homes in Chester Township have sold for 14% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $225K | +7.1% |
| 3 Bedrooms | $259K | $280K | +8.1% |
| 4 Bedrooms | $298K | $425K | +42.6% |
| 5+ Bedrooms | $425K | $625K | +47.1% |
Median Sold Price Compared To Nearby Cities
| Chesterland | $286.5K | $327K | +14.1% |
| Chester Township | $285K | $325K | +14.0% |
| Russell Township | $400K | $405K | +1.3% |
| Novelty | $385K | $385K | 0.0% |
| Kirtland | $373.7K | $320K | -14.4% |
How many homes are available in Chester Township, OH?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 31 | 30 | -3.2% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chester Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 22 Days | 107 Days | +375.7% |
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chester Township has remained consistent over time.
