Is Chester, IL 62233 a buyer’s or seller’s market?

The Chester housing market right now

In the three months ending August 31, 2026, 20% of homes in Chester, IL 62233 sold above their list price, the typical home went under contract in 29 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 8%, homes sold faster (68 days then) and the median sale price fell 5% to $119,948. Overall, Chester is more competitive than a year ago, so tougher for buyers.

Within Randolph County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 67%.

Nearby, buyers who want less competition could look at Prairie Du Rocher 62277 (0% sold over asking) or Ellis Grove 62241 (0% sold over asking), while Steeleville 62288 (40% sold over asking) and Evansville 62242 (33% sold over asking) are even more competitive.