Chester, Pennsylvania's real estate market can have both advantages and disadvantages. Here are a few:

Advantages:
- Affordable Housing: Chester's real estate market can be relatively affordable, which can be attractive to those on a budget.
- Investment Opportunities: As some areas in the city are undergoing redevelopment and gentrification, there may be opportunities for investing in real estate and potentially seeing a return on investment in the future.
- Proximity to Major Cities: Chester is located close to major cities such as Philadelphia and Wilmington, which can be beneficial for those who need to commute for work or want access to urban amenities.

Disadvantages:
- Crime: The city of Chester has higher crime rates than national averages, which may be concerning for some homebuyers.
- School Districts: The school district in Chester may not be up to par with some of the other districts in the state, which can be a drawback for families with children.
- Limited Job Opportunities: Chester's job market may not be as robust as larger cities, which could be an issue for those seeking employment.

It's important to note that the real estate market can vary greatly from neighborhood to neighborhood, so it's essential to research the area you're interested in thoroughly to get a better picture of the advantages and disadvantages of buying property in that specific location.