Housing · Chatham

Chatham, IL housing market

Homes typically sell in 4 days, a little above asking.

Home values, sales, trends and how Chatham compares with the towns next door — updated as new data is published.

The market right now

Chatham at a glance

Median sale price
$310K
May 2026 · Redfin
Days on market
4
Illinois: 43 days
Sale-to-list
103.3%
Homes sell above asking
Homes sold
31
in May · 17 for sale
Market temperature

A strong seller's market

Buyer's marketBalancedSeller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Nearby

Chatham and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Chatham — — 4 $106,773
Springfield — — 5 $66,064
Chatham $309K +6.9% — $88,959
Affordability

2.3 years of income

The typical Chatham home costs about 2.3 years of the town's median household income, less than across Illinois (3.6 years).

How Chatham ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
80.6%
Illinois: 67.1%
Median tax bill
$4,866
Illinois: $5,298
Median rent
$1,256
Illinois: $1,274
Typical home built
1995
Illinois: 1971

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Chatham

Illinois · IL
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01