Photo: Evking22 · CC BY-SA 4.0104 homes sold in Chester Township in the last year, at a typical $218K
Redfin reports Chester Township’s sales by ZIP code, so these figures are for ZIP 46962, which takes in Chester Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Chester Township homes are listed.
Every place Chester Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Chester Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of Chester Township’s sales, at a typical $213K
104 homes sold in the year to May 2026.
typical sale · 99 sold in 12 months
- Per square foot
- $119IN $148
- Days to sell
- 41
- Sold over asking
- 15%
Condos: 5 sold, typical $255K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.5 times the 2016 price
104 sales in the last year, against 110 in 2022 and a low of 66 in 2015. The typical sale went from $89K in 2016 to $218K.
Source: Redfin Data Center, MLS sales; for ZIP 46962, which takes in Chester Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Chester Township
Check a listing against what Chester Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Chester Township are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 46962 since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 104 sales.
If you’re buying in Chester Township
- Shop in October. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Offer under asking. Buyers paid 97.2% of the list price on average; 14% paid over.
- You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 43 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 10 a month), but June is the most competitive: 21% of June sales close over asking. September and October offer nearly as much choice with fewer homes bid up (18%). December has the least competition (11%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| Chester Township now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 8% | 27% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 42% | 1% | 1% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 97.2% | 94.7% | 97.9% | 97.7% |
| Days to sellMedian days from listing to contract | 43 | 113 | 60 | 35 |
21 homes for sale on a typical day
That’s 1.5 times the 2023 low (14), 48% fewer than in 2017–19 and well under 2015’s 56.
Houses and condos, year by year
A house typically sold for $213K in the last year (99 sales), a condo for $255K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 46962, which takes in Chester Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Chester Township home costs about $1,241 a month
Price: Chester Township’s typical sale, last 12 months. Property tax at Chester Township’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chester Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $218K home, about $1,250 a year.
Taxes vs. neighborsSchools
The schools grade for Chester Township, from test results, graduation and how much students grow.
Schools in Chester TownshipTypical commute
The average one-way trip to work for people who live in Chester Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Winona Lake for far more
The busier markets within 25 miles of Chester Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Huntington | 239 | $168K | $121 | 22% | 34 |
| Columbia City | 157 | $228K | $152 | 29% | 17 |
| Chester Township (ZIP 46962) | 104 | $218K | $122 | 14% | 43 |
| North Manchester | 82 | $205K | $123 | 16% | 52 |
| Winona Lake | 73 | $345K | $179 | 11% | 49 |
| South Whitley | 30 | $185K | $127 | 33% | 30 |
| Pierceton | 21 | $200K | $140 | 29% | 47 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Chester Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Chester Township. People who follow the town see it, and so do people comparing Chester Township with their own town. No commission, no listing fee.
Questions about buying a home in Chester Township
What do homes sell for in Chester Township, IN?
104 homes sold in the year to May 2026 at a typical $218K, $122 a square foot.
Is Chester Township a buyer’s or seller’s market?
A seller’s market: 25 homes were for sale in May 2026 and 8 sold, about 3 months of supply. Buyers paid 97.2% of asking on average.
When is the best time to buy in Chester Township?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Chester Township?
About 0.6% of a home’s value a year. On a $218K home that’s near $1,250.
Where can I see homes for sale in Chester Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Chester Township’s MLS listings; the search links above open each one filtered to Chester Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 46962, which takes in Chester Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).