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Is Chester, CT 06412 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Chester is a seller’s market. With about 2.8 months of supply and 56% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.8Under 4 months = seller’s market
Sold above original list55.5%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market31Listing to accepted offer
Median price per sq ft$260▼ −22.0% vs. last year

The Chester housing market right now

In the three months ending August 31, 2026, 56% of homes in Chester, CT 06412 sold above their list price, the typical home went under contract in 31 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 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 73%, homes sold more slowly (29 days then) and the median sale price fell 38% to $494,786. Overall, Chester is less competitive than a year ago, which gives buyers more room.

Within Middlesex County, homes here sell faster than in 65% of the county’s ZIP codes, and sell less often over asking than in 55%.

Nearby, buyers who want less competition could look at East Haddam 06423 (29% sold over asking) or Moodus 06469 (31% sold over asking), while Centerbrook 06409 (100% sold over asking) and Middle Haddam 06456 (100% sold over asking) are even more competitive.

Run the numbers for 06412

Prefilled for 06412Can I win this house?Multiple-offer likelihood for a listing Prefilled for 06412Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Centerbrook 06409Buyer’s market $567 /sq ftClinton 06413Seller’s market $315 /sq ftCobalt 06414 — /sq ftCromwell 06416Seller’s market $252 /sq ft Browse all markets →

Towns like Chester nearby

Find towns like Chester in other states →
Niantic, CT06357 · 14 miles away89% similarcheaper homes ($45K less) · larger Haddam, CT06438 · 5 miles away84% similarcheaper homes ($80K less) · younger residents Westbrook, CT06498 · 8 miles away84% similarlarger · 7 min shorter commute Deep River, CT06417 · 2 miles away83% similarcheaper homes ($80K less) · younger residents

Where Chester is

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Questions about Chester real estate

Is Chester a buyer’s or seller’s market?

A seller’s market: there were 2.8 months of supply in Chester, CT 06412 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Chester?

The typical home went under contract in 31 days in the latest three months.

Do homes in Chester sell over asking?

56% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What is the median home price in Chester?

The median sale price was $494,786 in the three months ending August 31, 2026, about $260 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology