Is Chester, VA 23831 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 2.2 months of supply and 32% 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 supply2.2Under 4 months = seller’s market

Sold above original list32.3%Share of sales, last 3 months

Median sale-to-list100%Sold price ÷ list price

Median days on market21Listing to accepted offer

Median price per sq ft$207▲ +9.9% vs. last year

Run the numbers for 23831

Prefilled for 23831Can I win this house?Multiple-offer likelihood for a listing Prefilled for 23831Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Chester 23836Seller’s market $192 /sq ft Chesterfield 23832Seller’s market $210 /sq ft Chesterfield 23838Seller’s market $206 /sq ft Colonial Heights 23834Seller’s market $184 /sq ft Browse all markets →

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