Housing Prices in Chatham, NY

How much do homes in Chatham, NY cost?

Median List Price

$505,000

$237/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$71,500(+16.5%)

Key Takeaway

The list price of homes in Chatham has increased by 16.5% since last year.

Summary: The median home list price in Chatham was $505,000 in May 2024, up 16.5% from the previous year, and the median price per square foot was $237.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $322.4K$229K
-29.0%
3 $339.9K$425K
+25.0%
4 $672.4K$667.5K
-0.7%
5+ $1.1M$462.5K
-58.0%

Summary: Chatham housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 58%.

Median List Price Compared To Nearby Cities

Chatham
+16.5%
Ghent
+6.0%

Housing Supply in Chatham, NY

How many homes are available in Chatham, NY?

Number of Homes For Sale

Apr 2024May 2024CHANGE
25+150.0%

Summary: The Chatham real estate market had 5 homes for sale in May 2024, a 150.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 01
+100.0%
4 01
+100.0%
5+ 12
+100.0%

Summary: The Chatham housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for Chatham, NY

How long does it take to sell a home in Chatham, NY?

Average Listing Age

May 2023May 2024CHANGE
101 Days36 Days-64.2%

Summary: Homes in Chatham had an average listing age of 36 days in May 2024, down by 64.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Chatham, NY

Nearby Markets to Chatham, NY