Chester, NJ 07930 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Chester, NJ—07930

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$885,000

2.7% YoY Growth

Household Income

$238,000

64.3% YoY Growth

Days on Market

41.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$3,800

8.3% YoY Growth

1-Bed Rent

$2,300

34.8% YoY Growth

2-Bed Rent

N/A

3-Bed Rent

$3,800

16.6% YoY Growth

Home Price Trends — Chester, NJ

As of Dec '25, the median home price in Chester, NJ is $885,000, with a year-over-year change of 2.7%. This indicates that home prices in Chester, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$885,000	2.7%
Single Family	$902,000	2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Chester, NJ

As of July '25, Rentcast reports the average rent in Chester, NJ is $4,310, with a year-over-year rent change of 8.3%. Per bedroom, the median rent as of July '25 in Chester, NJ is 1-bedrooms: $2,400, 3-bedrooms: $3,880, 4-bedrooms: $5,880. The most common rental property sizes in Chester, NJ are 1-bedroom and 2-bedroom, accounting for 40.6% and 26.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,800	$4,310
Studio Rent	N/A	N/A
1 Bed Rent	$2,300	$2,400
2 Bed Rent	N/A	N/A
3 Bed Rent	$3,800	$3,880
4 Bed Rent	$6,750	$5,880

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% of Rental Stock

1 Bedroom

40.6%

2 Bedrooms

26.6%

3 Bedrooms

13.0%

4 Bedrooms

12.5%

5+ Bedrooms

7.3%

Property Listings — Chester, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Chester, NJ is 31. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$1,140,000	-13.0%
Listing Count	17	-40.0%
Listings as % of Homes	0.9%	-40.0%
Days on Market	30	-41.0%

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Demographics — Chester, NJ

As of the latest ACS Survey released in 2023, Chester, NJ has a population of 8,200, which has decreased by -1.8% over the past 5 years. Chester, NJ is a moderately popular place for families, as children make up 24.2% of the population. The area has a highly educated workforce, with 69.4% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,200	-1.8%
% Under 18	24.2%	-2.0%
% Seniors	15.4%	-6.7%
% WFH	26.1%	392.5%
% w/ College Degree	69.4%	0.0%

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As of the latest ACS Survey released in 2023, Chester, NJ is a predominantly white area, with 86.9% of the population identifying as white. The white population has grown by 6.5% in the last 5 years. The second most common race or ethnicity in Chester, NJ is hispanic, making up 4.8% of the population. Foreign-born residents account for 8.4% of the population in Chester, NJ, and this percentage has decreased by 32.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	86.9%	6.5%
% Black	1.3%	-18.8%
% Hispanic	4.8%	-42.9%
% Asian	3.4%	-29.2%
% Foreign Born	8.4%	-32.8%

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Mortgage and Risk — Chester, NJ

According to HUD data as of 2023, there were 181 mortgage originations in Chester, NJ, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Chester, NJ. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	181
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	7.0%

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Rentals and Section 8 — Chester, NJ

Chester, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	2
Total Units Section 8	2
% Rentals under Section 8	0.5%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$220	$2,300	$2,080
2 Bedroom	N/A	N/A	$2,520
3 Bedroom	-$630	$3,800	$3,170
4 Bedroom	-$3,140	$6,750	$3,610

Chester, NJ—07930

Key Metrics at a Glance

Home Price Trends — Chester, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chester, NJ

% of Rental Stock

Property Listings — Chester, NJ

Demographics — Chester, NJ

Race and Ethnicity

Mortgage and Risk — Chester, NJ

Mortgages

Rentals and Section 8 — Chester, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Chester, NJ

Home Price to Income Ratio

Chester, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Far Hills, NJ

Flanders, NJ

Succasunna, NJ

Pottersville

Peapack

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$885,000
Median Household Income	$238,000

Chester, NJ—07930

Key Metrics at a Glance

Home Price Trends — Chester, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chester, NJ

% of Rental Stock

Property Listings — Chester, NJ

Demographics — Chester, NJ

Race and Ethnicity

Mortgage and Risk — Chester, NJ

Mortgages

Rentals and Section 8 — Chester, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Chester, NJ

Home Price to Income Ratio

Chester, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Far Hills, NJ

Flanders, NJ

Succasunna, NJ

Pottersville

Peapack

Frequently Asked Questions

What is the average home price in Chester, NJ 07930?

How have home prices in Chester, NJ 07930 changed over the past year?

What is the home price projection for Chester, NJ 07930?

What are the demographics of Chester, NJ 07930?

How long does it take homes to sell in Chester, NJ 07930?

What is the average rent price in Chester, NJ 07930?