Is Chester West, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chester West is a neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Chester West was a Buyer's Market.

Key Takeaway

Chester West is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Chester West, SC

How much do homes in Chester West, SC cost?

Median Sold Price

$257,500

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$49,050(+23.5%)

Key Takeaway

Homes in Chester West have sold for 23.5% more than they did a year ago.

Summary: The median home sold price in Chester West was $257,500 in February 2024, up 23.5% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $76K-
N/A
2 $130.5K$230K
+76.2%
3 $226K$257.5K
+13.9%
4 $160K$275K
+71.9%
5+ --
N/A

Summary: Chester West housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 71.9%, and 5+ bedroom homes did not change.

Housing Supply in Chester West, SC

How many homes are available in Chester West, SC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
97-22.2%

Summary: The Chester West real estate market had 7 homes for sale in February 2024, a 22.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 44
0.0%
3 53
-40.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Chester West housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chester West, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Chester West in February 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chester West, SC

How long does it take to sell a home in Chester West, SC?

Average Sale Time

Feb 2023Feb 2024CHANGE
49 Days149 Days+204.1%

Summary: Homes in Chester West had an average of 149 days on market in Feb 2024, up by 204.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Chester West are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 1 homes were sold in Chester West; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Chester West, SC

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