Is Chester, VT a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chester is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Chester was a Seller's Market.

Key Takeaway

Chester 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, VT

How much do homes in Chester, VT cost?

Median Sold Price

$355,000

$261/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$350,000(-49.6%)

Key Takeaway

Homes in Chester have sold for 49.6% less than they did a month ago.

Summary: The median home sold price in Chester was $355,000 in May 2024, down 49.6% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$355K
N/A
4 $705K-
N/A
5+ --
N/A

Summary: Chester housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chester, VT

How many homes are available in Chester, VT?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1121+90.9%

Summary: The Chester real estate market had 21 homes for sale in May 2024, a 90.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 26
+200.0%
3 612
+100.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Chester housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chester, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Chester in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Chester, VT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in Chester, VT

Nearby Markets to Chester, VT

What housing markets are near Chester, VT?