Chester, IL is a great place to live when it comes to housing. The median value of a house in Chester is $99,600, which is significantly lower than the national median value of $338,100. Over the last year, appreciation for houses in Chester has been even higher than the national average, at 10.25%, compared to 8.27% nationally. This makes it an attractive prospect for investors looking for a good return on their investment in housing. In addition, with its picturesque setting and small-town charm, it's no wonder why people are looking to purchase property in Chester.
The median home cost in Chester is $99,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Chester is up 12.4%.
Average Age of Homes
- The median age of Chester real estate is 59 years old
The Rental Market in Chester
- Renters make up 29.0% of the Chester population
- 1.8% 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.