Housing in Chatham, NJ

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,430,000

Median List Price

$899,900

Price Per Sq Ft

$909

Days on Market

24

Active Inventory

6

Months of Supply

1.0

Seller's market

Zillow Home Value

$1,266,015

ZHVI — January 2026

Zillow Rent Index

$2,820

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 10.6%List Price 0.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

83.3%

Sale-to-List Ratio

104.8%

Seller's market

Sold Above Asking
83.3%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

3

Homes Sold 200.0%New Listings 76.9%Pending 72.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$909

Median List $/SF

$501

Sale $/SF 67.4%List $/SF 13.3%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

$944,300

Median Rent

$2,251

Total Housing Units

3,003

Vacancy Rate

1.9%

Owner Occupied

81.5%

Renter Occupied

18.5%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,787

Housing Types

Single Family
82.8%
Multi-Family
17.2%
Mobile Home
0.0%

The current median sale price in Chatham, NJ is $1,430,000 according to Redfin data. Homes spend a median of 24 days on the market. 83.3% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $909. Zillow's observed rent index is $2,820/month. About 81.5% of housing units are owner-occupied. The median year homes were built is 1951. There are 3,003 total housing units.