Photo: Mojo Hand · CC BY-SA 4.028 homes sold in Chatham in the last year, at a typical $209K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Chatham homes are listed.
Every place Chatham homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Chatham.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Chatham’s sales, at a typical $209K
28 homes sold in the year to May 2026.
typical sale · 28 sold in 12 months
- Per square foot
- $114VA $222
- Days to sell
- 78
- Sold over asking
- 4%
- Listings with a price cut
- 25%
More homes sell than most years, at 1.6 times the 2018 price
28 sales in the last year, against 19 in 2019 and a low of 14 in 2018. The typical sale went from $133K in 2018 to $209K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Chatham
Check a listing against what Chatham homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Chatham are rarer than before the pandemic, and more homes are for sale
We read every month of Chatham’s home sales since 2018 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 28 sales.
If you’re buying in Chatham
- Shop in June. It brings about 2 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
- Offer under asking. Buyers paid 94.5% of the list price on average; 4% paid over.
- You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 78 days.
Summer brings the homes; winter brings the bidding wars
June has the most new listings (about 2 a month), but December is the most competitive: 40% of December sales close over asking. January has the least competition (0%) but only about 1 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Virginia
| Chatham now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 4% | 12% | 44% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 27% | 4% | 6% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 94.5% | 92.5% | 95.5% | 99.3% |
| Days to sellMedian days from listing to contract | 78 | 159 | 80 | 38 |
10 homes for sale on a typical day
That’s 1.9 times the 2023 low (5) and 65% more than in 2017–19.
Source: Redfin Data Center, city market tracker, January 2018 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Chatham home costs about $1,215 a month
Price: Chatham’s typical sale, last 12 months. Property tax at Chatham’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chatham is affordable on local pay is on Cost of living.
Six things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $209K home, about $1,490 a year.
Taxes vs. neighborsSchools
The schools grade for Chatham, from test results, graduation and how much students grow.
Schools in ChathamCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Danville sells for less a square foot; Mount Hermon, Penhook, Union Hall, Altavista and North Shore for far more
The busier markets within 25 miles of Chatham, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Danville | 447 | $152K | $107 | 19% | 63 |
| North Shore | 130 | $683K | $335 | 8% | 47 |
| Altavista | 60 | $185K | $143 | 23% | 36 |
| Penhook | 31 | $1.5M | $366 | 19% | 81 |
| Union Hall | 29 | $1M | $338 | 10% | 78 |
| Chatham | 28 | $209K | $114 | 4% | 78 |
| Mount Hermon | 28 | $304K | $164 | 7% | 68 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Chatham, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Chatham. People who follow the town see it, and so do people comparing Chatham with their own town. No commission, no listing fee.
Questions about buying a home in Chatham
What do homes sell for in Chatham, VA?
28 homes sold in the year to May 2026 at a typical $209K, $114 a square foot.
Is Chatham a buyer’s or seller’s market?
A seller’s market: 8 homes were for sale in May 2026 and 5 sold, about 1.6 months of supply. Buyers paid 94.5% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Chatham?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Chatham?
About 0.7% of a home’s value a year. On a $209K home that’s near $1,490.
Where can I see homes for sale in Chatham?
Zillow, Redfin, Realtor.com and Homes.com all carry Chatham’s MLS listings; the search links above open each one filtered to Chatham.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).