From January to March, 36 homes sold in Chatham for a median price of $165,900. That's 6.3 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 1 home in Chatham was in foreclosure.
Median property tax for homeowners in Chatham was $3,221.77 in 2017 according to tax data from that year. That means homeowners pay 2.1 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Chatham real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
33
$161,753
-
2010
38
$141,873
-12.3%
2011
31
$176,280
24.3%
2012
25
$186,390
5.7%
2013
38
$159,570
-14.4%
2014
45
$128,790
-19.3%
2015
39
$169,600
31.7%
2016
42
$167,475
-1.3%
2017
43
$156,060
-6.8%
2018
36
$165,900
6.3%
Median property tax
Median sale price
Effective property tax rate
2009
$3,275.46
$161,753
2%
2010
$3,670.21
$141,873
2.6%
2011
$3,907.67
$176,280
2.2%
2012
$4,204.15
$186,390
2.3%
2013
$3,536.98
$159,570
2.2%
2014
$3,149.74
$128,790
2.4%
2015
$3,922.86
$169,600
2.3%
2016
$3,672.36
$167,475
2.2%
2017
$3,221.77
$156,060
2.1%
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