The housing market in Chatham, LA is thriving and has seen a steady appreciation over the past year. The median value of homes in Chatham is $247,800, which is considerably lower than the US median value of $338,100. Despite this difference in prices, Chatham has experienced a growth rate of 7.40%, just slightly below the US's 8.27% rate. With such desirable prices and stable appreciation rates, it looks like Chatham will continue to remain appealing to potential homebuyers.
The median home cost in Chatham is $247,800. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Chatham is up 10.1%.
Average Age of Homes
- The median age of Chatham real estate is 46 years old
The Rental Market in Chatham
- Renters make up 28.7% of the Chatham population
- 0.0% 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.