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📍 Chester, NY · Zillow ZHVI · July 2026

Average Home Price in
Chester, NY

Poughkeepsie-Newburgh-Middletown, NY metro area · Orange County County

Median Home Value
$540,713
↑ 3.6% year-over-year
vs. National Median
$410,000
Chester is 32% above
Est. Monthly Payment
$2,820/mo
20% down · 6.8% rate
Income Needed
$143K
gross annual (30% rule)
Median Home Value
$540,713
↑ 3.6% year-over-year
Down Payment (20%)$108,143
Monthly P&I$2,820/mo
With Taxes & Ins.~$3,581/mo
Income Needed$143,240/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Chester, NY

The median home value in Chester, NY is $540,713 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 2.7% from two years prior.

Compared to the U.S. national median of $410,000, homes in Chester are priced32% above average. Chester is part of the Poughkeepsie-Newburgh-Middletown, NY metro area.

City Comparison

Chester vs. National Median

🏠 Chester
$540,713
National Median
$410,000

At $540,713, homes in Chester cost 32% above the national median of $410,000. Buyers in Chester should expect to pay a premium compared to most U.S. markets.

Affordability

What Does It Cost to Buy in Chester?

20% Down Payment
$108,143
on $540,713
Monthly P&I
$2,820/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,581/mo
incl. taxes & insurance
Income Needed
$143,240
gross annual (30% rule)
10% Down Option
$54,071
+ PMI applies
Loan Amount (20% dn)
$432,570
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Chester, NY?
The median home value in Chester is $540,713 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Chester?
Over the past year, home values in Chester have increased by 3.6%.
How much do I need to earn to buy a home in Chester?
To comfortably afford the median home price of $540,713 with a 20% down payment ($108,143) at today's rates (6.8%), you'd need a gross annual income of approximately $143,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Chester compare to the national average home price?
The national median home value is approximately $410,000. At $540,713, homes in Chester are 32% above the national average.
What metro area is Chester part of?
Chester is part of the Poughkeepsie-Newburgh-Middletown, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.