Chester, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 125 transactions over the past year in Chester. The median value for residential home transactions that occurred over the previous year is $807,021.15. The number of current listings in Chester is 4, and the percentage of properties for sale in the city is 4.00%. Chester, NJ currently has 23 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 4 properties for sale.
Chester, NJ Real Estate Market Overview
Zip | Median Est. Value |
---|---|
07930 | $ 1,096,500 $ 318/sqft |
Housing Market Summary for Chester, NJ
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $1M | $817.6K | -20.23% |
Median Sold Price | $664.5K | $817.6K | 23.03% |
Homes For Sale | 12 | 3 | -75.00% |
Homes Sold | 62 | 59 | -4.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Chester, NJ
Browse Homes in Chester, NJ
Chester home values range from $217,000 to $1,694,000. The median estimated value of a home in Chester is $807,021.15. The median list price of a home is 1,148,000, and the total count of properties in the city is 2,767.
- Pre-ForeclosurePre-foreclosure homes account for 0.69% of all residential properties in Chester, NJ with 07930 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Chester, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,581,000 in 07930 to the lowest home value of $313,000 in 07930.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Chester, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Chester, NJ. There is 1 zips within Chester, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07930 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Chester, NJ. Auction homes and other auction properties account for 0.14% of all properties in Chester, NJ. There is 1 zips within Chester, NJ; of that zips, the median estimated home value for homes going to auction ranges from $1,583,000 in 07930 to the lowest value of $527,600 in 07930.
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Guide for Chester, NJ
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
The Newark real estate market from 2023 to 2024 exhibited a strong upward growth pattern, with slight fluctuations in property values and sale price per square foot.
The Jersey City real estate market continues to show robust growth with prices rising to an average of $595,000 per property and $394 per square foot in February 2024.
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