Housing in Chatham, MI is quite affordable compared to the US median value. The median home value in Chatham, MI is $161,700, while the US median value is $338,100. What's more, real estate appreciation in Chatham has been far above the national average of 8.27%, with a one-year appreciation of 12.90%. This makes housing in Chatham an attractive investment opportunity for those looking to purchase property as an investment or for their own use.
The median home cost in Chatham is $161,700. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Chatham is up 23.1%.
Average Age of Homes
- The median age of Chatham real estate is 49 years old
The Rental Market in Chatham
- Renters make up 14.0% 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.