Housing in Chatham, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$320,750

Median List Price

$325,000

Price Per Sq Ft

$140

Days on Market

10

Active Inventory

16

Months of Supply

1.3

Seller's market

Zillow Home Value

$291,682

ZHVI — January 2026

Zillow Rent Index

$1,847

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.2%List Price 26.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

42.9%

Sale-to-List Ratio

98.9%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
42.9%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

9

Pending Sales

7

Homes Sold 7.7%New Listings 59.1%Pending 63.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$140

Median List $/SF

$159

Sale $/SF 17.6%List $/SF 16.1%Mar 24Jan 26

Chatham vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Chatham is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$231,900

Median Rent

$1,157

Total Housing Units

5,844

Vacancy Rate

3.8%

Owner Occupied

79.6%

Renter Occupied

20.4%

Median Property Tax

$4,835

per year

Monthly Cost (w/ Mortgage)

$1,524

Housing Types

Single Family
81.8%
Multi-Family
16.9%
Mobile Home
1.3%

The current median sale price in Chatham, IL is $320,750 according to Redfin data. Homes spend a median of 10 days on the market. 16.7% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $140. Zillow's observed rent index is $1,847/month. About 79.6% of housing units are owner-occupied. The median year homes were built is 1995. There are 5,844 total housing units.