$2,672 Closing Credit*
$225,000
1,296 SqFt
3 Beds
•1 Full Bath
#50158755, NICK RACINE, Listing Office: RE/MAX 1ST REALTY
Housing Prices in Chatham, MI
How much do homes in Chatham, MI cost?
Median List Price
$387,000
$224/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
-$162,000(-29.5%)
Key Takeaway
The list price of homes in Chatham has decreased by 29.5% since September.
Summary: The median home list price in Chatham was $387,000 in October 2024, down 29.5% from the previous month, and the median price per square foot was $224.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $549K | $387K | -29.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Chatham housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 29.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Rock River Township | $464K | $464K | 0.0% |
| Chatham | $549K | $387K | -29.5% |
| Deerton | $456.5K | $214K | -53.1% |
Housing Supply in Chatham, MI
How many homes are available in Chatham, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Summary: The Chatham real estate market had 2 homes for sale in October 2024, a 100.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chatham housing inventory by bedroom type for October 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 remained the same, and 5+ bedroom homes remained the same.
Days on Market for Chatham, MI
How long does it take to sell a home in Chatham, MI?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 Days | 91 Days | -33.7% |
Summary: Homes in Chatham had an average listing age of 91 days in Oct 2024, down by 33.7% compared to the previous month.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.