$2,255 Closing Credit*
$189,900
1,350 SqFt
3 Beds
•1 Full Bath, 1 Partial
Daniel A Perelman, Listing Office: Platinum Real Estate
Is Chester Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$344,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,500(+9.0%)
Key Takeaway
Homes in Chester Township have sold for 9% more than they did a year ago.
Summary: The median home sold price in Chester Township was $344,500 in October 2024, up 9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $57K | $71.7K | +25.9% |
| 3 Bedrooms | $271.3K | $310K | +14.3% |
| 4 Bedrooms | $350K | $360K | +2.9% |
| 5+ Bedrooms | $537.5K | $526.1K | -2.1% |
Summary: Chester Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Cities
| Novelty | $377.5K | $440K | +16.6% |
| Kirtland | $316.5K | $368.5K | +16.4% |
| Russell Township | $425K | $476K | +12.0% |
| Chesterland | $316K | $350K | +10.8% |
| Chester Township | $316K | $344.5K | +9.0% |
Housing Supply in Chester Township, OH
How many homes are available in Chester Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Summary: The Chester Township real estate market had 37 homes for sale in October 2024, a 15.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 13 | 17 | +30.8% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 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 increased by 50%, 3 bedroom homes increased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 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. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Chester Township in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 38 Days | +9.2% |
Summary: Homes in Chester Township had an average of 38 days on market in Oct 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 October 2024, 10 homes were sold in Chester Township; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.