What is the average home price in Chester, CT 06412?

As of May '26, the median home price in Chester, CT 06412 is $549,000, based on Zillow home estimates.

How have home prices in Chester, CT 06412 changed over the past year?

As of May '26, home prices have increased 7.5% over the past year, according to Zillow home estimates data.

What is the home price projection for Chester, CT 06412?

As of May '26, Zillow projects home prices in Chester, CT 06412 to increase 4.2% in the next year.

What are the demographics of Chester, CT 06412?

According to the latest Census, the demographics of Chester, CT 06412 are 86.3% White, 1.8% Black, 0.1% Asian, 6.9% Hispanic. The population is 3,790, with 17.6% under 18 years old.

How long does it take homes to sell in Chester, CT 06412?

According to Realtor.com, as of May '26, the median home in Chester, CT 06412 is on the market for 24 days. This is an increase of 42.0% from last year.

What is the average rent price in Chester, CT 06412?

The average rent price in Chester, CT 06412, as of the latest data, is $2,030. The average rent for 1 bedroom homes is $1,800. For 2, 3, and 4 bedroom homes, the average rent is $2,500, N/A, and N/A respectively.

Chester, CT 06412 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Chester, CT—06412

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$549,000

7.5% YoY Growth

Household Income

$94,600

2.3% YoY Growth

Days on Market

42.0% Longer YoY

Home Price Forecast

4.2%

Median Rent

$1,800

15.4% YoY Growth

1-Bed Rent

$1,800

N/A

2-Bed Rent

$2,500

4.2% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Chester, CT

As of May '26, the median home price in Chester, CT is $549,000, with a year-over-year change of 7.5%. This indicates that home prices in Chester, CT are increasing. According to Zillow, the 1-year price projection is 4.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$549,000	7.5%
Single Family	$556,000	6.9%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Chester, CT

As of July '25, Rentcast reports the average rent in Chester, CT is $2,030, with a year-over-year rent change of -15.4%. Per bedroom, the median rent as of July '25 in Chester, CT is 1-bedrooms: $1,800, 2-bedrooms: $2,500. The most common rental property sizes in Chester, CT are 1-bedroom and 2-bedroom, accounting for 39.0% and 35.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$2,030
Studio Rent	N/A	N/A
1 Bed Rent	$1,800	$1,800
2 Bed Rent	$2,500	$2,500
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

5.5%

1 Bedroom

39.0%

2 Bedrooms

35.8%

3 Bedrooms

19.6%

Property Listings — Chester, CT

As of May '26, Realtor.com reports that the median days on market for a home in Chester, CT is 24. This is a increase of 42.0% from last year, suggesting that homes are sitting on the market longer 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	$650,000	-19.0%
Listing Count	9	-44.0%
Listings as % of Homes	0.3%	-44.0%
Days on Market	24	42.0%

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Demographics — Chester, CT

As of the latest ACS Survey released in 2023, Chester, CT has a population of 3,790, which has decreased by -11.3% over the past 5 years. Chester, CT is a moderately popular place for families, as children make up 17.6% of the population. The area has a moderately educated workforce, with 42.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,790	-11.3%
% Under 18	17.6%	-7.4%
% Seniors	25.3%	5.0%
% WFH	15.4%	-8.9%
% w/ College Degree	42.8%	3.1%

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As of the latest ACS Survey released in 2023, Chester, CT is a predominantly white area, with 86.3% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Chester, CT is hispanic, making up 6.9% of the population. Foreign-born residents account for 5.1% of the population in Chester, CT, and this percentage has decreased by 7.3% 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	86.3%	-8.6%
% Black	1.8%	157.1%
% Hispanic	6.9%	115.6%
% Asian	0.1%	-94.7%
% Foreign Born	5.1%	-7.3%

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Mortgage and Risk — Chester, CT

According to HUD data as of 2023, there were 66 mortgage originations in Chester, CT, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Chester, CT. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	66
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	5.0%
% Second Loans	2.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Chester, CT

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

Section 8 Market Size

Total Units under HUD	1
Total Units Section 8	1
% 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	-$460	$1,800	$1,340
2 Bedroom	-$800	$2,500	$1,700
3 Bedroom	N/A	N/A	$2,050
4 Bedroom	N/A	N/A	$2,430

Chester, CT—06412

Key Metrics at a Glance

Home Price Trends — Chester, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Chester, CT

% of Rental Stock

Property Listings — Chester, CT

Demographics — Chester, CT

Race and Ethnicity

Mortgage and Risk — Chester, CT

Mortgages

Rentals and Section 8 — Chester, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Chester, CT

Home Price to Income Ratio

Chester, CT — ZIP Code Boundary Map

Nearby ZIP Codes

Deep River, CT

Haddam, CT

Essex, CT

Essex, CT

Killingworth, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.3
Median Home Price	$549,000
Median Household Income	$94,600