Chester, WV—26034
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chester, WV
As of Oct '25, the median home price in Chester, WV is $113,000, with a year-over-year change of 1.1%. This indicates that home prices in Chester, WV are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $113,000 | 1.1% |
| Single Family | $113,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $89,000 | -1.1% |
3 Bed | $136,000 | 1.5% |
4 Bed | $172,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Chester, WV
As of July '25, Rentcast reports the average rent in Chester, WV is $825, with a year-over-year rent change of -31.2%. Per bedroom, the median rent as of July '25 in Chester, WV is 2-bedrooms: $825. The most common rental property sizes in Chester, WV are 2-bedroom and 1-bedroom, accounting for 64.3% and 18.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $825 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $825 | $825 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chester, WV
As of Oct '25, Realtor.com reports that the median days on market for a home in Chester, WV is 102. This is a increase of 17.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $149,000 | 8.0% |
Listing Count | 21 | 50.0% |
| Listings as % of Homes | 0.6% | 50.0% |
Days on Market | 102 | 17.0% |
Demographics — Chester, WV
As of the latest ACS Survey released in 2023, Chester, WV has a population of 4,560, which has increased by 3.5% over the past 5 years. Chester, WV is a moderately popular place for families, as children make up 16.9% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,560 | 3.5% |
% Under 18 | 16.9% | -13.3% |
% Seniors | 28.5% | 16.8% |
% WFH | 4.2% | 320.0% |
% w/ College Degree | 22.8% | 196.1% |
As of the latest ACS Survey released in 2023, Chester, WV is a predominantly white area, with 95.6% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Chester, WV is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.0% of the population in Chester, WV, and this percentage has decreased by 100.0% 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 | 95.6% | -0.3% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | ∞% |
% Asian | 0.3% | 50.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Chester, WV
According to HUD data as of 2023, there were 52 mortgage originations in Chester, WV, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Chester, WV. Investor activity is low, as 2.0% 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 | 52 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Chester, WV
Chester, WV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 35 |
Total Units Section 8 | 35 |
% Rentals under Section 8 | 6.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | $165 | $825 | $990 |
| 3 Bedroom | N/A | N/A | $1,320 |
| 4 Bedroom | N/A | N/A | $1,490 |
Affordability — Chester, WV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $113,000 |
| Median Household Income | $57,400 |