Is Chester, NJ 07930 a buyer’s or seller’s market?
Chester is a seller’s market. With about 1.3 months of supply and 59% 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.
#42 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #103 of 531 across all the markets we track.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works
The Chester housing market right now
In the three months ending August 31, 2026, 59% of homes in Chester, NJ 07930 sold above their list price, the typical home went under contract in 15 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 50 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold about as fast and the median sale price rose 17% to $1,149,503. Overall, Chester is more competitive than a year ago, so tougher for buyers.
Within Morris County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Chester ranks #32 of 444 NJ ZIP codes with enough sales (score 94 out of 100).
Nearby, buyers who want less competition could look at Hibernia 07842 (0% sold over asking) or New Vernon 07976 (20% sold over asking), while Kenvil 07847 (100% sold over asking) and Mount Tabor 07878 (100% sold over asking) are even more competitive.
Run the numbers for 07930
Nearby markets
Boonton 07005Seller’s market $365 /sq ftBudd Lake 07828Seller’s market $325 /sq ftButler 07405Seller’s market $342 /sq ftCedar Knolls 07927Seller’s market $392 /sq ft Browse all markets →Towns like Chester nearby
Find towns like Chester in other states →Where Chester is
Loading map…
Questions about Chester real estate
Is Chester a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Chester, NJ 07930 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 15 days in the latest three months.
Do homes in Chester sell over asking?
59% of homes sold above their original list price, and the typical sale closed at 104.4% of the list price.
What are property taxes in Chester?
About 2.22% of a home’s value a year in Chester Boro, Morris County, or roughly $8,884 on a $400,000 home.
What is the median home price in Chester?
The median sale price was $1,149,503 in the three months ending August 31, 2026, about $361 per square foot.
Local agents
See all agents in 07930 →No sponsored agents in 07930 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 07930
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology