Is Chester, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Chester was a Seller's Market.
Housing Prices in Chester, SC
How much do homes in Chester, SC cost?
Median Sold Price
$210,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chester was $210,000 in March 2024, up 25.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $32.4K | N/A |
2 Bedrooms | $102.2K | $129K | +26.2% |
3 Bedrooms | $185K | $218.4K | +18.1% |
4 Bedrooms | $212.5K | $268.5K | +26.4% |
5+ Bedrooms | $229.9K | $245K | +6.5% |
Summary: Chester housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in Chester, SC
How many homes are available in Chester, SC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 71 | +6.0% |
Summary: The Chester real estate market had 71 homes for sale in March 2024, a 6.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 39 | 43 | +10.3% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Chester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Chester in March 2024, down by 38.5% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Chester, SC
How long does it take to sell a home in Chester, SC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 87 Days | +42.4% |
Summary: Homes in Chester had an average of 87 days on market in Mar 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Chester; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.