Zip 62629 (Chatham, IL) Housing

The housing market in 62629 Chatham, IL is slightly lower than the national median value of $338,100. The median value in Chatham is $245,300 and has appreciated by 6.36% over the past year. This rate of appreciation is slightly lower than the 8.27% average across the United States. Despite this lower rate of appreciation, the low median value compared to the US average makes Chatham a great area for first time home buyers.

The median home cost in Chatham (zip 62629) is $245,300. Home appreciation the last 10 years has been 37.5%. Home Appreciation in Chatham (zip 62629) is up 11.6%.

Average Age of Homes

- The median age of Chatham (zip 62629) real estate is 25 years old

The Rental Market in Chatham (zip 62629)

- Renters make up 15.8% of the Chatham (zip 62629) population
- 2.1% of houses and apartments in Chatham (zip 62629), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chatham, Illinois	United States
	5,938.0	139,647,020.0
	28	42
	$245,300	$338,100
	11.6%	16.6%
	26.6%	57.0%
	37.5%	101.1%
	$21.32	$10.98
	$4,298	$2,690
	75.7%	57.4%
	4.9%	11.2%
	19.5%	31.4%
Vacant Housing
	2.1%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	2.6%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	2.0%	3.9%
	1.9%	4.5%
	23.1%	11.3%
	20.8%	13.0%
	34.2%	20.1%
	11.8%	13.6%
	1.5%	8.3%
	2.2%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	21.0%	13.6%
	21.0%	13.6%
	19.7%	13.6%
	9.5%	13.2%
	19.6%	14.8%
	19.7%	13.6%
	2.4%	10.0%
	0.3%	4.7%
	3.1%	12.2%

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