$1,538 Closing Credit*
$129,500
843 SqFt
3 Beds
•2 Full Baths
James L Arehart, Listing Office: Century 21 Greathouse Realty, LLC
Is Chester, WV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Chester was a Seller's Market.
Key Takeaway
Chester is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chester, WV
How much do homes in Chester, WV cost?
Median Sold Price
$123,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,000(-13.4%)
Key Takeaway
Homes in Chester have sold for 13.4% less than they did a year ago.
Summary: The median home sold price in Chester was $123,000 in November 2024, down 13.4% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $88.5K | $23K | -74.0% |
| 2 Bedrooms | $69.5K | $88.5K | +27.3% |
| 3 Bedrooms | $159K | $149.9K | -5.7% |
| 4 Bedrooms | $120K | $137.2K | +14.4% |
| 5+ Bedrooms | $179.9K | $386K | +114.6% |
Summary: Chester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 74%, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 114.6%.
Median Sold Price Compared To Nearby Cities
| Chester | $142K | $123K | -13.4% |
| Grant | $150K | $124K | -17.3% |
Housing Supply in Chester, WV
How many homes are available in Chester, WV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Chester real estate market had 18 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chester 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 decreased by 40%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chester, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chester in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chester, WV
How long does it take to sell a home in Chester, WV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 163 Days | 65 Days | -60.1% |
Summary: Homes in Chester had an average of 65 days on market in Nov 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chester has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Chester; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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