Is Chester Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chester Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Chester Township has remained a Seller's Market.

Key Takeaway

Chester Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Chester Township, IN

How much do homes in Chester Township, IN cost?

Median Sold Price

$177,500

$108/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$37,500(+26.8%)

Key Takeaway

Homes in Chester Township have sold for 26.8% more than they did a month ago.

Summary: The median home sold price in Chester Township was $177,500 in October 2024, up 26.8% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $88K$138K
+56.8%
3 $195.2K$191K
-2.2%
4 -$175K
N/A
5+ --
N/A

Summary: Chester Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 56.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chester Township
+26.8%
North Manchester
+5.4%

Housing Supply in Chester Township, IN

How many homes are available in Chester Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2218-18.2%

Summary: The Chester Township real estate market had 18 homes for sale in October 2024, a 18.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 1412
-14.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Chester Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chester Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Chester Township in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Chester Township, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Chester Township, IN

Nearby Markets to Chester Township, IN