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

$171,000

$116/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$6,500(-3.7%)

Key Takeaway

Homes in Chester Township have sold for 3.7% less than they did a month ago.

Summary: The median home sold price in Chester Township was $171,000 in November 2024, down 3.7% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $138K$179.5K
+30.1%
3 $191K$165K
-13.6%
4 $175K-
N/A
5+ --
N/A

Summary: Chester Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Manchester
+2.6%
Chester Township
-3.7%

Housing Supply in Chester Township, IN

How many homes are available in Chester Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1819+5.6%

Summary: The Chester Township real estate market had 19 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1213
+8.3%
4 21
-50.0%
5+ 12
+100.0%

Summary: The Chester Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 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, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Chester Township in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% 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 21 Days Ago

Newest Listings in Chester Township, IN

Nearby Markets to Chester Township, IN