Chestertown, NY12817

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$363,000
1.8% YoY Growth
Median Household Income
$90,500
45.8% 5-Year Growth
Days on Market
50
52.0% Shorter than last year
Home Price Forecast
2.1%
Median Rent
$1,150
N/A
1-Bed Rent
$1,150
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Chestertown, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Chestertown, NY is 50. This is a decrease of -52.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$332,000-7.0%
Listing Count
2945.0%
Listings as % of Homes0.3%45.0%
Days on Market
50-52.0%
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Demographics — Chestertown, NY

As of the latest ACS Survey released in 2023, Chestertown, NY has a population of 2,020, which has decreased by -4.5% over the past 5 years. Chestertown, NY is a less popular place for families, as children make up 7.9% of the population. The area has a moderately educated workforce, with 43.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
2,020-4.5%
% Under 18
7.9%-36.3%
% Seniors
38.2%56.6%
% WFH
16.3%158.7%
% w/ College Degree
43.3%39.7%
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As of the latest ACS Survey released in 2023, Chestertown, NY is a predominantly white area, with 94.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Chestertown, NY is asian, making up 3.2% of the population. Foreign-born residents account for 4.8% of the population in Chestertown, NY, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.4%-4.2%
% Black
0.0%-100.0%
% Hispanic
0.0%-100.0%
% Asian
3.2%357.1%
% Foreign Born
4.8%∞%
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Mortgage and Risk — Chestertown, NY

According to HUD data as of 2023, there were 36 mortgage originations in Chestertown, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Chestertown, NY. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
36
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
3.0%
% Second Loans
33.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Chestertown, NY

Chestertown, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
10
Total Units Section 8
10
% Rentals under Section 8
5.2%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$220$1,150$930
2 BedroomN/AN/A$1,160
3 BedroomN/AN/A$1,500
4 BedroomN/AN/A$1,540

Affordability — Chestertown, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$363,000
Median Household Income$90,500

Chestertown, NY — ZIP Code Boundary Map

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Frequently Asked Questions