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Chester, VA 23831 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Chester, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 3232PendingPending sales: 55
Chester, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $395k$395kSoldMedian sold price (last 6 months): $380k$380k
What homes actually sell for in Chester, VA
Distribution of 297 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $338k to $432k
$220k to $261k: 7 sales$220k$261k to $302k: 12 sales$302k to $344k: 52 sales$302k$344k to $385k: 68 sales68sales$385k to $426k: 59 sales$385k$426k to $468k: 36 sales$468k to $509k: 21 sales$468k$509k to $550k: 13 salesMedian $380k

What the numbers say

As of October 5, 2026, Resideline is tracking 32 active listings and 5 pending sales in ZIP code 23831. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $395,450, while the median of the 297 closed sales Resideline tracked over the last six months was $380,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23831 for 69 days.

Frequently asked questions

What is the median home price in 23831?

The median closed sale price in Chester, VA 23831 was $380,000 over the last six months, based on 297 closed sales tracked by Resideline. The middle half of those sales ranged from $338,000 to $432,000.

Is 23831 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 32 active listings in 23831, a pending-to-active ratio of 0.16. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23831 currently looks like a balanced market.

Nearby ZIP code market data

Full Chester, VA housing market report →

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