Chester Housing Market Report February 2025•Hancock County, West Virginia

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Housing Prices in Chester, WV

How much do homes in Chester, WV cost?

Housing Market Conditions

Is Chester, WV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Chester is a Seller's Market

Difference Since February 2024

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

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$124,000$102/SqFt
-$17,000
-12.1%

Based on all homes sold in the last 12 months

Insight

Homes in Chester have sold for 12.1% less than they did a year ago.

Summary: The median home sold price in Chester was $124,000 in February 2025, down 12.1% from last year, and the median price per square foot was $102.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Grant
-4.9%
Chester
-12.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$152K$93.5K
-38.5%
2$91.7K$96K
+4.6%
3$146.5K$144.9K
-1.1%
4$112.3K$140K
+24.6%
5$179.9K$386K
+114.6%

Summary: Chester housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -38.5%. The home price for 2 bedroom homes increased by +4.6%. The home price for 3 bedroom homes decreased by -1.1%. The home price for 4 bedroom homes increased by +24.6%. The home price for 5 bedroom homes increased by +114.6%.

Housing supply in Chester, WV

How many homes are available in Chester, WV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
16Last MonthFeb 2025
152 months agoJan 2025
+6.7 %
Change MoMJan – Feb

Summary: The Chester real estate market had 16 homes for sale in Feb 2025, a 6.7 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthFeb 2025
12 months agoJan 2025
+200.0 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
233
0.0%
433
0.0%
500
0.0%
100
0.0%
3910
+11.1%

Summary: Chester housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +11.1%.

Asking Price vs. Sold Price

How much do homes in Chester, WV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Chester, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Chester in February 2025, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and and 67% were sold over asking.

Days on Market for Chester, WV

How long does it take to sell a home in Chester, WV?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days3 Homes

Insight

Most homes in Chester are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 3 homes were sold in Chester; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
133 DaysThis YearFeb 2025
77 Days1 year agoFeb 2024
+71.7 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Chester had an average listing age of 133 days in Feb 2025, up by 71.7% compared to the previous year.

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Newest Listings in Chester, WV

What homes are available in Chester, WV?

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Nearby markets

Popular Cities with Homes for Sale in West Virginia

MLS Disclaimers and Copyright

Based on information from MLS Now, for the period 03/01/2023 - 03/01/2025

IDXCopyright 2025 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.