Avg Price
$341,392
▼ -49.8% MoM
Homes Sold
6
▲ +500% MoM
New Listings
0
Active Listings
284
▼ -27.4% MoM
Avg DOM
48
▲ +77.8% MoM
Supply
47.3 mo
▼ -87.9% MoM
The average home price in Chatham is $341,392. The median price is $379,900. Prices have decreased by 49.8% compared to last month.
There are currently 284 homes for sale in Chatham.
The most popular neighbourhoods in Chatham based on sales activity include and North Chatham. Each neighbourhood has its own character with different price ranges and amenities.
Homes in Chatham spend an average of 48 days on market, indicating a slower real estate market.
The median household income in the Chatham area is approximately $57,530 based on census data. About 66% of residents are homeowners.
Based on recent sales in Chatham, median prices are: 1-bedroom homes at $171,450, 2-bedroom homes at $299,900, 3-bedroom homes at $429,900, 4-bedroom homes at $534,950. Prices vary by neighbourhood and property condition.
Popular neighbourhoods in Chatham include North Chatham (17 listings, avg $438,605), Downtown Chatham (7 listings, avg $894,686), Chatham (6 listings, avg $390,465), South Chatham (6 listings, avg $440,383), Chatham Central (5 listings, avg $326,900). Downtown Chatham is the most expensive area with an average price of $894,686, while Chatham Central offers more affordable options at $326,900 on average.
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| Chatham Kent | 8 km | 96 | $898,548 |
| Essex | 25 km | 85 | $918,741 |
| Wallaceburg | 29 km | 59 | $485,221 |
| Leamington | 54 km | 151 | $839,985 |
| Sarnia | 62 km | 212 | $852,980 |
| Plympton Wyoming | 65 km | 66 | $780,137 |
| Strathroy Caradoc | 66 km | 98 | $695,545 |
| Lasalle | 69 km | 280 | $712,723 |
| Kingsville | 71 km | 187 | $1,521,132 |
| Windsor | 74 km | 1209 | $658,352 |
| City | Distance | Listings | Avg. price |
|---|---|---|---|
| London South | 88 km | 684 | $757,344 |
| London North | 91 km | 488 | $783,303 |
| London East | 93 km | 522 | $656,187 |
| Woodstock | 139 km | 303 | $738,542 |
| Waterloo | 166 km | 540 | $878,262 |
| Brantford | 167 km | 763 | $796,183 |
| Kitchener | 169 km | 1084 | $741,923 |
| Cambridge | 177 km | 608 | $1,077,596 |
| Guelph | 192 km | 605 | $822,364 |
| Hamilton | 203 km | 2868 | $903,292 |