Commercial Real Estate Market in Chester, NE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 28 off-market properties in Chester, NE.
Market Trends
Chester, NE spans 48.0 square miles in Thayer County, Nebraska. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chester, NE runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Chester, NE runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Chester, NE runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Chester, NE runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 75.6%
- Commercial 18.3%
- Residential 4.7%
- Industrial 1.4%
Largest Zones share of zoned land by district
Agriculture 2
Agriculture
Commercial 2
Residential
Industrial
Market overview
Demographics & Economy
Chester, NE has 329 residents in 198 households. Density runs 7 people per square mile. Median household income here is $51,250 and median gross rent $871 a month.
329
Population
198
Households
1.7
Avg Household Size
42
Median Age
15%
College-Educated
97%
High-School Grad
48 sq mi
ZIP Area
7
Density / Sq Mi
$51,250
Median Household Income
$33,750
Median Earnings
$871
Median Rent
$105,400
Median Home Value
Tools
Nearby Markets
Frequently Asked Questions
Where does Realmo's Chester market data come from?
Realmo compiles Chester, NE figures from 1 active sale listings, 28 tracked off-market properties, the current Chester zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 1 active for-sale and 0 active for-lease listings in Chester, NE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 2,908 zoned acres across 6 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
