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Featured local agent — Chatham, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chatham, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chatham, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chatham, NY Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$635,000median sale price

How is the Chatham, NY housing market right now?

The median home sale price in Chatham, NY is $635,000. Homes sell in an average of 38 days with 7 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Chatham a buyer's or seller's market?

Leaning buyer's7.0 months of supply38 avg. days on market

Chatham, NY is currently a leaning buyer's, based on 7.0 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

38

Average pace

Active listings

7

7.0 months supply

Sale-to-list

100.0%

Above asking

What does the Chatham housing market data show?

Current housing market statistics for Chatham, NY
MetricValue
Median sale price$635,000
Median list price$610,000
Average days on market38 days
Active inventory7 listings
Months of supply7.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$283/sq ft
Homes sold (latest month)1
New listings (latest month)2
Listings with a price cut14.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Chatham by property type?

How the Chatham, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chatham, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$635,000$283/sq ft138 days

Source: Redfin · Updated monthly

The Chatham housing market is currently classified as a leaning buyer's with a median sale price of $635,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 38 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.1x provides context for how home values compare to local earning capacity.

Homes for sale in Chatham

There are currently 7 homes listed for sale in Chatham, New York. The median listing price is $610K.

Active listings

7

Homes on market

Median list price

$610K

Avg. days on market

38

Days until sale

New this week

2

Newly listed

Price drops:14.3%of listings
Sale-to-list:100.0%

Who lives in Chatham?

Population

1,594

Median income

$86,625/yr

Median age

48.6 years

Owner-occupied

48.3%

College grads

46.7%

Avg commute

22.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Chatham?

Zillow home value

$530,788

Price-to-income

6.1x

Source: Zillow Research

What is it like to live in Chatham?

Chatham is a community of approximately 2K residents with a median age of 48.6 years.The median household income is $86,625, which reflects a relatively affluent area with strong earning potential. 46.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 48.3%, showing a blend of owner and renter-occupied properties. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chatham offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Chatham?

3 schools tracked · 895 students

The largest public schools serving Chatham, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

MARY E DARDESS ELEMENTARY SCHOOL

Grades PK-5 · 381 students

Public

CHATHAM HIGH SCHOOL

Grades 9-12 · 309 students

Public

CHATHAM MIDDLE SCHOOL

Grades 6-8 · 205 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Chatham, NY?

Want a head-to-head view? Compare Chatham side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Chatham?

The median home sale price in Chatham is $635,000, down 0.0% from last year.

How long do homes stay on market in Chatham?

Homes typically spend 38 days on market before going under contract.

What is the median income in Chatham?

The median household income is $86,625 per year.

Is Chatham a buyer's or seller's market?

With 7.0 months of supply, Chatham is currently a leaning buyer's.

What is the Zillow home value estimate for Chatham?

The Zillow Home Value Index (ZHVI) for Chatham is $530,788, representing the typical home value in the area.

How much does a single-family home cost in Chatham?

The median single-family home price in Chatham, NY is $635,000 (about $283 per square foot).

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