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Featured local agent — Chatham, VA
Sarah Mitchell
Compass Real Estate · Chatham, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chatham, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$216,000median sale price
How is the Chatham, VA housing market right now?
The median home sale price in Chatham, VA is $216,000. Homes sell in an average of 95 days with 8 active listings. The market is currently a balanced market. (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?
Chatham, VA is currently a balanced market, based on 1.6 months of supply and homes selling in about 95 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
95
Average pace
Active listings
8
1.6 months supply
Sale-to-list
93.9%
Below asking
What does the Chatham housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $216,000 |
| Median list price | $217,450 |
| Average days on market | 95 days |
| Active inventory | 8 listings |
| Months of supply | 1.6 months |
| Sale-to-list price ratio | 93.9% |
| Median price per sq ft | $93/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 2 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Chatham by property type?
How the Chatham, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $216,000 | $93/sq ft | 5 | 95 days |
Source: Redfin · Updated monthly
The Chatham housing market is currently classified as a balanced market with a median sale price of $216,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 95 days on market, indicating 1.6 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Chatham
There are currently 8 homes listed for sale in Chatham, Virginia. The median listing price is $217K.
Active listings
8
Homes on market
Median list price
$217K
Avg. days on market
95
Days until sale
New this week
2
Newly listed
Who lives in Chatham?
Population
1,535
Median income
$54,485/yr
Median age
35.7 years
Owner-occupied
61.8%
College grads
35.4%
Avg commute
18.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Chatham?
Zillow home value
$178,073
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Chatham?
Chatham is a community of approximately 2K residents with a median age of 35.7 years.The median household income is $54,485, which represents a working-class community with solid middle-income opportunities. 35.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.8%, showing a blend of owner and renter-occupied properties. The average commute time is 18.6 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?
8 schools tracked · 1,448 students
The largest public schools serving Chatham, VA 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.
Chatham High
Grades 9-12 · 617 students
Chatham Middle
Grades 6-8 · 411 students
Chatham Elementary
Grades PK-5 · 235 students
Union Hall Elementary
Grades PK-5 · 185 students
Victory Academy/Ready for Success
Grade range n/a
Pittsylvania Vocational-Technical Center
Grade range n/a
Pittsylvania Regional Alternative School/STEM Academy
Grade range n/a
Regional Alternative/Pittslvania Co
Grade range n/a
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, VA?
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 $216,000, down 0.0% from last year.
How long do homes stay on market in Chatham?
Homes typically spend 95 days on market before going under contract.
What is the median income in Chatham?
The median household income is $54,485 per year.
Is Chatham a buyer's or seller's market?
With 1.6 months of supply, Chatham is currently a balanced market.
What is the Zillow home value estimate for Chatham?
The Zillow Home Value Index (ZHVI) for Chatham is $178,073, 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, VA is $216,000 (about $93 per square foot).
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