Chester Springs, PA—19425
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chester Springs, PA
As of Oct '25, the median home price in Chester Springs, PA is $746,000, with a year-over-year change of 3.2%. This indicates that home prices in Chester Springs, PA are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $746,000 | 3.2% |
| Single Family | $757,000 | 3.1% |
| Condos | $425,000 | 3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $369,000 | 2.8% |
3 Bed | $563,000 | 2.2% |
4 Bed | $844,000 | 3.3% |
| 5 Bed | $1,075,000 | 4.6% |
% of Housing Stock
Rental Trends — Chester Springs, PA
As of July '25, Rentcast reports the average rent in Chester Springs, PA is $3,190, with a year-over-year rent change of 3.2%. Per bedroom, the median rent as of July '25 in Chester Springs, PA is 1-bedrooms: $1,990, 2-bedrooms: $2,250, 3-bedrooms: $3,100, 4-bedrooms: $3,580. The most common rental property sizes in Chester Springs, PA are 3-bedroom and 4-bedroom, accounting for 40.4% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,990 | $1,990 |
| 2 Bed Rent | $2,100 | $2,250 |
| 3 Bed Rent | $3,150 | $3,100 |
| 4 Bed Rent | $3,600 | $3,580 |
% of Rental Stock
Property Listings — Chester Springs, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Chester Springs, PA is 45. This is a decrease of -19.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $850,000 | -12.0% |
Listing Count | 36 | -25.0% |
| Listings as % of Homes | 0.6% | -25.0% |
Days on Market | 45 | -19.0% |
Demographics — Chester Springs, PA
As of the latest ACS Survey released in 2023, Chester Springs, PA has a population of 17,100, which has increased by 9.2% over the past 5 years. Chester Springs, PA is a popular place for families, as children make up 28.9% of the population. The area has a highly educated workforce, with 78.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 35.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,100 | 9.2% |
% Under 18 | 28.9% | -3.7% |
% Seniors | 9.7% | 11.5% |
% WFH | 35.6% | 215.0% |
% w/ College Degree | 78.2% | 7.6% |
As of the latest ACS Survey released in 2023, Chester Springs, PA is a predominantly white area, with 64.7% of the population identifying as white. The white population has shrunk by 17.8% in the last 5 years. The second most common race or ethnicity in Chester Springs, PA is asian, making up 25.4% of the population. Foreign-born residents account for 20.1% of the population in Chester Springs, PA, and this percentage has increased by 33.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.7% | -17.8% |
% Black | 1.1% | 83.3% |
% Hispanic | 4.3% | 38.7% |
% Asian | 25.4% | 47.7% |
% Foreign Born | 20.1% | 33.1% |
Mortgage and Risk — Chester Springs, PA
According to HUD data as of 2023, there were 340 mortgage originations in Chester Springs, PA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Chester Springs, PA. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 340 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Chester Springs, PA
As of 2024, the percent of homes in Chester Springs, PA under the Section 8 program is 0.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Chester Springs, PA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,990 | $2,270 |
| 2 Bedroom | $600 | $2,100 | $2,700 |
| 3 Bedroom | $100 | $3,150 | $3,250 |
| 4 Bedroom | $100 | $3,600 | $3,700 |
Affordability — Chester Springs, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $746,000 |
| Median Household Income | $210,000 |