What is the median home value in Chester Township (Otsego County), MI?

The median value of owner-occupied homes in Chester Township (Otsego County), MI is $213,700 (±$23,411), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Chester Township (Otsego County), the median home value went from $148,300 in 2015–2019 to $213,700 in 2020–2024 (+44.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$213,700 (±$23,411)
Owner-occupied homes
479 (±76)
Most common range
$200,000 to $299,999

Home values in Chester Township (Otsego County)

Owner-occupied homes by value, 2020–2024
ValueChester Township (Otsego County)Otsego CountyMichiganUnited States
Less than $50,0004.6% (±2.7 points)4.3%7.6%5.3%
$50,000 to $99,9996.7% (±4.7 points)6.7%9.2%6.1%
$100,000 to $149,99919.0% (±9.3 points)15.7%10.6%6.8%
$150,000 to $199,99914.8% (±6.4 points)17.3%14.1%9.0%
$200,000 to $299,99926.3% (±7.7 points)26.5%23.4%17.8%
$300,000 to $499,99924.2% (±8.1 points)24.3%24.1%26.9%
$500,000 to $999,9994.4% (±2.5 points)4.2%9.2%20.9%
$1,000,000 or more0.0% (±6.1 points)1.0%1.6%7.1%

The most common range is $200,000 to $299,999, 26.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Chester Township (Otsego County) against Otsego County, its state and the nation

Estimate (90% margin of error)
Chester Township (Otsego County)Otsego CountyMichiganUnited States
Median home value$213,700 (±$23,411)$219,700 (±$9,361)$231,600 (±$642)$332,700
Owner-occupied homes479 (±76)8,673 (±384)2,984,190 (±12,886)84,210,142

In Chester Township (Otsego County), the median home value is not measurably different from Otsego County ($219,700).

It is not measurably different from Michigan ($231,600).

It is lower than the national figure ($332,700).

In Otsego County, Chester Township (Otsego County) ranks 8 of 10 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 641 of 1,518.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Chester Township (Otsego County) have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$148,300 (±$17,116)$213,700 (±$23,411)+44.1%Up after inflation
Median owner cost with a mortgage$1,114 (±$113)$1,225 (±$92)+10.0%No measurable change after inflation
Median real estate taxes$1,414 (±$122)$1,398 (±$109)−1.1%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Chester Township (Otsego County)

Nearest places with a published estimate, compared with Chester Township (Otsego County)
PlaceDistanceMedian home valueCompared with this place
Chester Township (Otsego County)—$213,700 (±$23,411)—
Bagley Township6.1 mi$234,300 (±$28,763)Not measurably different
Charlton Township6.3 mi$214,500 (±$21,545)Not measurably different
Otsego Lake Township6.6 mi$218,400 (±$44,651)Not measurably different
Gaylord8.8 mi$192,800 (±$53,659)Not measurably different
Dover Township (Otsego County)9.0 mi$250,000 (±$59,072)Not measurably different
Maple Forest Township10 mi$172,700 (±$45,600)Not measurably different
Lovells Township11 mi$204,300 (±$26,857)Not measurably different
Livingston Township12 mi$220,200 (±$14,700)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Otsego County, place by place

RankPlaceMedian home value
2Dover Township (Otsego County)$250,000 (±$59,072)
3Bagley Township$234,300 (±$28,763)
4Hayes Township (Otsego County)$222,300 (±$15,463)
5Livingston Township$220,200 (±$14,700)
6Otsego Lake Township$218,400 (±$44,651)
7Charlton Township$214,500 (±$21,545)
8Chester Township (Otsego County)$213,700 (±$23,411)
9Gaylord$192,800 (±$53,659)
10Corwith Township$158,900 (±$13,908)

Showing 9 of 10 places in Otsego County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Chester Township (Otsego County)

What is the average home value in Chester Township (Otsego County), MI?

The Census Bureau publishes the median: $213,700 (±$23,411) for owner-occupied homes in Chester Township (Otsego County) (2020–2024 American Community Survey).

Have home values in Chester Township (Otsego County) gone up?

In Chester Township (Otsego County), the median home value went from $148,300 in 2015–2019 to $213,700 in 2020–2024 (+44.1%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Chester Township (Otsego County) sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Chester township, Otsego County, Michigan (county subdivision:15280, in state:26 county:137).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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