$7,804 Closing Credit*
$657,200
3,156 SqFt
3 Beds
•2 Full Baths
Aaron M Brailer, Listing Office: RealHome Services and Solutions, Inc.
Is Chester Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 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, OH
How much do homes in Chester Township, OH cost?
Median Sold Price
$320,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.5%)
Key Takeaway
Homes in Chester Township have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Chester Township was $320,000 in November 2024, down 1.5% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $55K | $71.7K | +30.5% |
| 3 Bedrooms | $280K | $285K | +1.8% |
| 4 Bedrooms | $350K | $353.5K | +1.0% |
| 5+ Bedrooms | $528.6K | $520K | -1.6% |
Summary: Chester Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Novelty | $365K | $445K | +21.9% |
| Russell Township | $426.5K | $492K | +15.4% |
| Kirtland | $320K | $368.5K | +15.2% |
| Chesterland | $325K | $330K | +1.5% |
| Chester Township | $325K | $320K | -1.5% |
Housing Supply in Chester Township, OH
How many homes are available in Chester Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 35 | -7.9% |
Summary: The Chester Township real estate market had 35 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
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 remained the same, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chester Township, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Chester Township in November 2024, down by 18.2% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Chester Township, OH
How long does it take to sell a home in Chester Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 55 Days | +82.5% |
Summary: Homes in Chester Township had an average of 55 days on market in Nov 2024, up by 82.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chester Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Chester Township; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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