The Chatham housing market is somewhat competitive. The median sale price of a home in Chatham was $233K last month, down 1.1% since last year. The median sale price per square foot in Chatham is $137, down 1.1% since last year.
In May 2025, Chatham home prices were down 1.1% compared to last year, selling for a median price of $233K. On average, homes in Chatham sell after 76 days on the market compared to 122 days last year. There were 48 homes sold in May this year, down from 53 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$232,500
-1.1% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Chatham, IL
$232,500
-1.1%
United States
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How hot is the Chatham housing market?
Chatham is somewhat competitive. Homes sell in 102 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 102 days.
Hot homes
can sell for about 3% above list price and go pending in around 53 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Chatham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Chatham.
Flood Factor - Minor
47% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Chatham has a minor risk of flooding. 1,403 properties in Chatham are likely to be
severely affected
by flooding over the next 30 years. This represents 47% of all properties in Chatham. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Chatham has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Chatham is most at risk from hurricanes. 8,723 properties in Chatham have some risk of being in a severe wind event within the next 30 years.