Chatham is one of the 77 community areas of South Side of the city of Chicago, Illinois. Chatham includes the neighborhoods of Chatham, East Chatham, West Chatham and the northern portion of West Chesterfield.
Chatham currently has 57 single family homes for sale with an average list price of $235,785.93, 3 townhouses for sale with an average list price of $152,892.33, 7 condos for sale with an average list price of $56,571.43, and 3 lots for sale with an average list price of $91,666.67. The average annual property tax for Chatham is $2,414.20.
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Chatham, i.e. what's hot and what's not.
See What's Hot & What's Not in Chatham
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Chatham, i.e. what's hot and what's not.
Market Trends
Chatham home sales for the month of August decreased in volume by 37.5% when compared to last year, while the median sale price rose by 5.8% from $179,999.50 to $190,458.50. House sales decreased by 42.9%, while the median sale price rose by 9.1% from $192,500 to $209,950. Condo sales rose by 100%, while the median sale price rose by 21% from $50,000 to $60,500.
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245
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217
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| 2023 | 2024 | ||
| # of sales per year | |||
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$195,000
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$225,000
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| 2023 | 2024 | ||
| median sale price per year | |||
Median Sale Price for Chatham
Number of Sales for Chatham
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