Chester, MD

Buyer's market+11.2% YoY

Housing market overview · Updated weekly

$500,000median sale price

Homes sold

7

Last 12 weeks

Days on market

87

Average pace

Active listings

37

5.3 months supply

Sale-to-list

97.3%

Below asking

The Chester housing market is currently classified as a buyer's market with a median sale price of $500,000. Prices have risen 11.2% compared to last year, with homes spending an average of 87 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Chester

There are currently 37 homes listed for sale in Chester, Maryland. The median listing price is $397K.

Active listings

37

Homes on market

Median list price

$397K

Avg. days on market

87

Days until sale

New this week

6

Newly listed

Price drops:21.6%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Chester?

The median home sale price in Chester is $500,000, up 11.2% from last year.

How long do homes stay on market in Chester?

Homes typically spend 87 days on market before going under contract.

Is Chester a buyer's or seller's market?

With 5.3 months of supply, Chester is currently a buyer's market.

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