The housing market in Chatham, MA is quite remarkable. The median value of a house in this area is $1,018,900 which is significantly higher than the US median value at $338,100. Over a one year period the house appreciation rate in Chatham has been 12.73%, which is much greater than the US house appreciation rate of 8.27%. This shows how desirable it is for people to live in this part of Massachusetts and makes it an attractive place to invest in real estate.
The median home cost in Chatham is $1,018,900. Home appreciation the last 10 years has been 91.5%. Home Appreciation in Chatham is up 16.3%.
Average Age of Homes
- The median age of Chatham real estate is 46 years old
The Rental Market in Chatham
- Renters make up 6.7% of the Chatham population
- 0.6% of houses and apartments in Chatham, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.