Chester, VA Home Values & Market Trends

Real estate market trends reflect that there have been 938 transactions over the past year in Chester. The median value for residential home transactions that occurred over the previous year is $346,632.66. The number of current listings in Chester is 88, and the percentage of properties for sale in the city is 88.00%. Chester, VA currently has 6 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 88 properties for sale.

Chester, VA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
23831

$ 366,360

$ 181/sqft

23836

$ 477,038

$ 172/sqft

Housing Market Summary for Chester, VA

Apr 2023March 2024Change
Median Listing Price$359K$339.2K-5.51%
Median Sold Price$331.9K$339.2K2.20%
Homes For Sale9276-17.39%
Homes Sold389374-3.86%
Price
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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%.

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Browse Homes in Chester, VA

Chester home values range from $22,135 to $3,448,523. The median estimated value of a home in Chester is $346,632.66. The median list price of a home is 399,975, and the total count of properties in the city is 17,974.

Foreclosure
There are 2 zips within Chester, VA; within these zips, the median estimated home value for homes in foreclosure ranges from $899,365 in 23831 to the lowest value of $228,807 in 23831. Foreclosure homes account for 0.00% of properties in Chester, VA with 23831 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    23831 has 5 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 0.03% 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 $378,308 in 23836 to the lowest value of $228,807 in 23836.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.49% of residential properties in Chester, VA with 23831 containing 52 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Chester, VA; homes for sale in those zips, have a range of median values from $1,211,918 in 23836 to the lowest value of $61,117 in 23831.
    Sold Homes
    The median value for recently sold homes ranges from $950,000 in 23836 to the lowest price of $26,897 in 23836. There are 2 zips within Chester, VA. 23831 has 356 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.79% of properties in Chester, VA.

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      Guide for Chester, VA

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      Market Reports|posted 13 March 2024

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      Chesapeake Property Values Rise 7%, Sales Dynamics Vary in Recent Analysis
      Market Reports|posted 20 March 2024

      The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.

      Recently Listed Homes Chester, VA

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