Is Chester, WV 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, WV
How much do homes in Chester, WV cost?
Median Sold Price
$140,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chester was $140,000 in March 2024, up 14.8% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $39.5K | $152K | +284.8% |
2 Bedrooms | $80K | $102.5K | +28.1% |
3 Bedrooms | $142K | $141.5K | -0.4% |
4 Bedrooms | $166.4K | $135K | -18.9% |
5+ Bedrooms | $176K | $179.9K | +2.2% |
Summary: Chester housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 284.8%, 2 bedroom homes increased by 28.1%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
Chester | $122K | $140K | +14.8% |
Grant | $130K | $141K | +8.5% |
Housing Supply in Chester, WV
How many homes are available in Chester, WV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Summary: The Chester real estate market had 20 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Chester in March 2024, the same as the previous 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, WV
How long does it take to sell a home in Chester, WV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
170 Days | 175 Days | +2.8% |
Summary: Homes in Chester had an average of 175 days on market in Mar 2024, up by 2.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Chester; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.