Is Chester, MA 01011 a buyer’s or seller’s market?

The Chester housing market right now

In the three months ending August 31, 2026, 38% of homes in Chester, MA 01011 sold above their list price, the typical home went under contract in 26 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold more slowly (24 days then) and the median sale price fell 17% to $227,402. Overall, Chester is more competitive than a year ago, so tougher for buyers.

Within Hampden County, homes here sell more slowly than in 77% of the county’s ZIP codes, and sell less often over asking than in 91%.

Nearby, buyers who want less competition could look at Springfield 01103 (0% sold over asking) or Russell 01071 (0% sold over asking), while Bondsville 01009 (100% sold over asking) and Springfield 01128 (85% sold over asking) are even more competitive.