The housing market in Chester, MD is strong with a median value of $443,100. This is significantly higher than the US House Median Value of $338,100 and indicates that Chester is a desirable area to live in. The US 1 year House Appreciation rate is 8.27% but in Chester it is even higher at 9.21%. This demonstrates the increasing popularity of this area and its potential for growth in the future.
The median home cost in Chester is $443,100. Home appreciation the last 10 years has been 56.7%. Home Appreciation in Chester is up 14.5%.
Average Age of Homes
- The median age of Chester real estate is 29 years old
The Rental Market in Chester
- Renters make up 18.6% of the Chester population
- 0.0% 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.