Morris County Real Estate Market Analysis
Median Price
$675,000
Days on Market
20
days avg
Inventory
2.0 months
months
Market Trend
Strong
Chester NJ Real Estate continues to set the standard for Morris County, with median home prices reaching $675,000 - a remarkable 7.8% increase year-over-year. This premium pricing reflects the township's reputation as one of New Jersey's most affluent and desirable communities, where historic elegance meets modern sophistication in perfect harmony.
The market's exceptional performance is driven by Chester's unique combination of factors: the area's designation as a historic district with meticulously preserved architecture, proximity to New York City (35 miles), and access to world-class amenities including Hacklebarney State Park and Alstede Farms. With homes selling in just 20 days on average, the market demonstrates intense demand from discerning buyers who recognize the long-term value of Chester's lifestyle and investment potential.
Current market dynamics show 2.0 months of inventory, indicating a competitive seller's market where quality properties command premium prices. The township's commitment to maintaining its historic character while supporting measured growth ensures sustained appreciation, making Chester one of Morris County's most stable and desirable real estate markets.
Get personalized guidance based on the latest market data and trends. Whether you're buying, selling, or investing in Morris County, I provide the expertise to help you succeed.
Current Chester real estate conditions and performance metrics
Median Sale Price
$675,000
Average sale price for single-family homes
Days on Market
20
Average time to sell a home
Active Listings
34
Current homes available for sale
Homes Sold
42
Total sales in last 30 days
Chester real estate trends and market composition analysis
Chester demonstrates strong market fundamentals with consistent price appreciation and healthy sales activity. The balanced inventory levels indicate a stable market environment with opportunities for both buyers and sellers.
Explore distinct neighborhoods across Chester with unique characteristics and market dynamics
Upscale downtown district with boutique shopping, fine dining, and historic architecture. Premium location with cultural amenities.
Avg Price
$720,000
Days on Market
18
Price Range
$580K - $950K
Monthly Sales
15
Affluent residential areas with luxury homes and scenic countryside. Exclusive estates with rolling hills and privacy.
Avg Price
$680,000
Days on Market
22
Price Range
$550K - $850K
Monthly Sales
18
Properties near state park with natural beauty and outdoor recreation. Hiking trails and scenic views with modern amenities.
Avg Price
$650,000
Days on Market
24
Price Range
$520K - $780K
Monthly Sales
8
Convenient location with excellent access to transportation, shopping, and services. Modern developments with established infrastructure.
Avg Price
$620,000
Days on Market
20
Price Range
$480K - $750K
Monthly Sales
12
4
Active Neighborhoods
$667,500
Avg Area Price
21
Avg Days Listed
53
Total Monthly Sales
Each neighborhood in Chester offers unique advantages and lifestyle options. Let me help you discover the perfect match for your needs and preferences.
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Phone
908.334.0971
ctowey@weichert.com
Office
1625 NJ-10 East, Morris Plains, NJ 07950
I'm dedicated to providing you with personalized service for all your real estate needs in Hackettstown, Andover, Byram, Blairstown, Chester, and Washington.
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250+
Homes Sold
10+
Years Experience
5.0
Client Rating