Housing in Chestnut Hill · A strong seller's market

A typical Chestnut Hill home is worth roughly $454,000

Homes typically sell in 19 days, a little above asking.

Typical home value

$454K

▲ 7.2% in a year · PA $255K

Estimate

Median sale price

$550K

May 2026 · Redfin

Days on market

Faster than PA (30)

Sale-to-list

100.5%

Homes sell above asking

Homes sold

in May · 9 for sale

2-bedroom rent

$1,820

a month, utilities in · HUD

Median tax bill

$6,833

PA $3,311

What kind of housing town is Chestnut Hill?

Read from the numbers below. The page puts what stands out first.

Homes go fastHomes typically sell in 19 days, above asking.Pricier than PA78% above the Pennsylvania typical home.Prices climbing fastUp 7.2% in a year.A high tax rateAbout 1.82% of a home’s value a year, vs 1.30% across Pennsylvania.

★ What stands out · Market temperature

A strong seller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Under ~4 months of supply favors sellers; over ~6 favors buyers.

0.8

months of supply · PA 2.7

days to sell · PA 30

100.5%

of asking price, at sale

41.7%

sold above asking

53.3%

under contract within 2 weeks

new listings in May

Redfin Data Center, all residential sales, May 2026.

Affordability

A typical home costs 3.7 years of income

More than across Pennsylvania (3.3 years). Try your own numbers below.

You could afford about

$428,000

Typical Chestnut Hill home $454K

That’s $26K short of a typical Chestnut Hill home.

The typical home, each month

$3,070

Loan $2,250Tax $690Insurance $130

A two-bedroom rents for about $1,820 a month here, $1,250 less than owning.

Where your budget reaches nearby

Forks$359K Easton$383K Lopatcong$358K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Chestnut Hill’s typical property tax (1.82% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 57% in 5 years

The federal house price index for the ZIP code around Chestnut Hill rose 57% over the past 5 years, faster than across Pennsylvania (48%). Last year prices rose 7.2%. Carrying the Census median home value forward with that index puts the typical Chestnut Hill home at roughly $454,000 today.

Chestnut Hill areaPennsylvania

+7.2%

past year

+57%

past 5 years

+88%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $454K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Chestnut Hill, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

88% of Chestnut Hill households own their home

Half of Chestnut Hill’s homes were built before 2001.

Owners and renters

Own 88%Rent 12%

Pennsylvania: 69% own.

2001

typical home built · PA 1965

$6,833

median property tax bill · PA $3,311

1.82%

of a home’s value, a year in tax · PA 1.30%

U.S. Census Bureau, American Community Survey 2020-2024.

Renting

A two-bedroom rents for about $1,820

Renters already here pay a median of $1,876.

Fair Market Rent a month, utilities included

Studio$1,260

1 bedroom$1,490

2 bedrooms$1,820

3 bedrooms$2,320

4 bedrooms$2,440

12%

of households rent · PA 31%

230

renter households

36%

of renters spend 30%+ of income on rent · PA 48%

18%

of the median income, for a two-bedroom

$1,876

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Allentown-Bethlehem-Easton, PA HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Chestnut Hill vs. its neighbors

Chestnut Hill is the priciest of 4 neighboring towns. Tap one to see its housing page.

Chestnut Hill$454K Easton$383K Forks$359K Lopatcong$358K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Chestnut Hill	$454K*	+7.2%†	$1,820	—	$124,089
Forks	$359K*	+7.2%†	$1,820	297	$110,190
Easton	$383K	+3.5%	$1,710	0	$69,348
Lopatcong	$358K*	+5.5%†	$1,990	2	$91,114

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Chestnut Hill buyers, sellers and renters are saying.

Town Square →

Weigh in

The data says Chestnut Hill is a strong seller's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. 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. The calculator is an estimate, not a loan offer.