The housing in Chester, CT is quite robust, as evidenced by the median value of $401,200. This is considerably higher than the US house median value of $338,100. Additionally, the appreciation rate for homes in Chester has been quite strong over the past year at 10.61%, compared to 8.27% nationally. This suggests that real estate investments in Chester have been highly lucrative and that it remains a great place to own property.
The median home cost in Chester is $401,200. Home appreciation the last 10 years has been 47.1%. Home Appreciation in Chester is up 13.4%.
Average Age of Homes
- The median age of Chester real estate is 49 years old
The Rental Market in Chester
- Renters make up 26.3% of the Chester population
- 0.7% of houses and apartments in Chester, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.