Chatham, MA—02633
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Chatham, MA
As of Oct '25, the median home price in Chatham, MA is $1,278,000, with a year-over-year change of 0.9%. This indicates that home prices in Chatham, MA are flat. According to Zillow, the 1-year price projection is 4.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,278,000 | 0.9% |
| Single Family | $1,369,000 | 0.7% |
| Condos | $607,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $409,000 | -3.1% |
2 Bed | $821,000 | 0.2% |
3 Bed | $1,221,000 | 0.8% |
4 Bed | $1,983,000 | 1.8% |
| 5 Bed | $3,526,000 | 3.3% |
% of Housing Stock
Rental Trends — Chatham, MA
As of July '25, Rentcast reports the average rent in Chatham, MA is $2,500, with a year-over-year rent change of -44.1%. Per bedroom, the median rent as of July '25 in Chatham, MA is 2-bedrooms: $2,500. The most common rental property sizes in Chatham, MA are 1-bedroom and 3-bedroom, accounting for 56.1% and 18.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Chatham, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Chatham, MA is 61. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,170,000 | 1.0% |
Listing Count | 80 | 15.0% |
| Listings as % of Homes | 0.8% | 15.0% |
Days on Market | 61 | -4.0% |
Demographics — Chatham, MA
As of the latest ACS Survey released in 2023, Chatham, MA has a population of 4,540, which has increased by 8.6% over the past 5 years. Chatham, MA is a less popular place for families, as children make up 9.5% of the population. The area has a highly educated workforce, with 64.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,540 | 8.6% |
% Under 18 | 9.5% | -7.8% |
% Seniors | 49.5% | 13.3% |
% WFH | 27.2% | 216.3% |
% w/ College Degree | 64.5% | 5.4% |
As of the latest ACS Survey released in 2023, Chatham, MA is a predominantly white area, with 88.2% of the population identifying as white. The white population has shrunk by 5.5% in the last 5 years. The second most common race or ethnicity in Chatham, MA is asian, making up 3.2% of the population. Foreign-born residents account for 7.2% of the population in Chatham, MA, and this percentage has increased by 38.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.2% | -5.5% |
% Black | 2.8% | -17.6% |
% Hispanic | 1.5% | -25.0% |
% Asian | 3.2% | 700.0% |
% Foreign Born | 7.2% | 38.5% |
Mortgage and Risk — Chatham, MA
According to HUD data as of 2023, there were 254 mortgage originations in Chatham, MA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Chatham, MA. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 254 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 44.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Chatham, MA
Chatham, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 23 |
Total Units Section 8 | 23 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,740 |
| 2 Bedroom | -$220 | $2,500 | $2,280 |
| 3 Bedroom | N/A | N/A | $2,800 |
| 4 Bedroom | N/A | N/A | $3,210 |
Affordability — Chatham, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.2 |
| Median Home Price | $1,278,000 |
| Median Household Income | $94,000 |