Chester, VA Home Values & Market Trends
Real estate market trends reflect that there have been 925 transactions over the past year in Chester. The median value for residential home transactions that occurred over the previous year is $335,090.8. The number of current listings in Chester is 82, and the percentage of properties for sale in the city is 82.00%. Chester, VA currently has 7 properties in foreclosure, 0 bank owned properties, 7 properties headed for auction, and 82 properties for sale.
Chester, VA Real Estate Market Overview
Housing Market Summary for Chester, VA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $365K | $339K | -7.12% |
Median Sold Price | $340.6K | $339K | -0.46% |
Homes For Sale | 77 | 81 | 5.19% |
Homes Sold | 418 | 514 | 22.97% |
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, VA
Browse Homes in Chester, VA
Chester home values range from $21,798 to $3,420,172. The median estimated value of a home in Chester is $335,090.8. The median list price of a home is 379,975, and the total count of properties in the city is 17,974.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Chester, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Chester, VA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Chester, VA 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, VA. There are 2 zips within Chester, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23831 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Chester, VA. Auction homes and other auction properties account for 0.04% of all properties in Chester, VA. There are 2 zips within Chester, VA; of those zips, the median estimated home value for homes going to auction ranges from $302,219 in 23836 to the lowest value of $236,399 in 23836.
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More Real Estate Resources for Chester, VA
Guide for Chester, VA
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 property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.
Virginia Foreclosure Laws
Learn about the 28% rule, expert tips, and budgeting strategies to ensure you spend wisely on your dream home.