Chester Springs, PA

Chester Springs is a small town located in southeastern Pennsylvania. The population of Chester Springs was 8,821 as of the 2010 census. The median household income in Chester Springs was $101,711 in 2009, which ranked it number one among all towns in Pennsylvania with a population over 5,000.

Real estate is an important part of the economy in Chester Springs. The town has a variety of housing options for residents, including single-family homes, condominiums and apartments. There are also a number of commercial properties available for sale or lease.

The real estate market in Chester Springs is healthy and stable. The average home price was $158,500 as of September 2013, which is slightly higher than the statewide average but still below the peak prices seen during the late 2000s. In addition, there are plenty of new homes being built in Chester Springs each year; according to Zillow data from January 2014, there were 1,972 active listings in the town compared to 1,868 at this time last year. This indicates that there is strong demand for housing stock in Chester Springs and that buyers have confidence in the local economy.

One reason why real estate prices are relatively stable in Chester Springs is because there are few major development projects underway within the town limits. This means that property values don't fluctuate as much as they would if there were more construction happening nearby (which could lead to increased demand and higher prices). Additionally, many homeowners here have been able to keep their homes for many years without having to sell them at an inflated price; this suggests that buyers are confident about staying put for awhile and not rushing into a purchase decision just because prices seem high at present.