Chester, IL housing market
Home prices around Chester have risen about 41% over the past 5 years.
Home values, sales, trends and how Chester compares with the towns next door — updated as new data is published.
Home prices up 41% in 5 years
The federal house price index for the ZIP codes around Chester rose 41% over the past 5 years, slower than across Illinois (47%). Last year prices rose 7%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +7% | +81% | +96% |
| 2024 | +10% | +69% | +85% |
| 2023 | +2.1% | +54% | +73% |
| 2022 | +10% | +51% | +61% |
| 2021 | +6.4% | +37% | +44% |
| 2020 | +2.4% | +28% | +33% |
| 2019 | +1% | +25% | +32% |
| 2018 | +4.4% | +24% | +28% |
| 2017 | −1% | +19% | +25% |
| 2016 | −3.9% | +20% | +22% |
| 2015 | +8.3% | +25% | +19% |
| 2014 | −1.4% | +15% | +15% |
| 2013 | +0.9% | +17% | +11% |
| 2012 | −2.9% | +16% | +11% |
| 2011 | +3.4% | +20% | +14% |
| 2010 | +0.2% | +16% | +21% |
| 2009 | −1.7% | +15% | +29% |
| 2008 | −2.3% | +17% | +40% |
| 2007 | 0% | +20% | +45% |
| 2006 | +6.3% | +20% | +43% |
| 2005 | +3.7% | +13% | +35% |
| 2004 | +2.2% | +9.1% | +24% |
| 2003 | +2% | +6.7% | +15% |
| 2002 | +1.5% | +4.7% | +11% |
| 2001 | +3.1% | +3.1% | +5.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 62656, 62512, 62548, covering 82% of Chester’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Chester and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Chester | — | +7%† | $990 | $98,636 |
| Broadwell | — | +7%† | $980 | $69,531 |
| Mount Pulaski | $160K | +11.3% | $1,020 | $73,084 |
| East Lincoln | — | +7.2%† | $990 | $59,344 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $990
HUD's Fair Market Rent for a two-bedroom in Chester is $990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Chester pay a median of $1,021.
Studio $680 · 4 bedrooms $1,330
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (62512, 62548, 62656; Logan County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.