Market Overview
Home Prices in Chatham, NY
The median home value in Chatham, NY is $530,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.9% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chatham are priced29% above average. Chatham is part of the Hudson, NY metro area.
Price History
Chatham Home Price Trend
2024
$489,889
$490K
—
2025
$501,339
$501K
+2.3%
2026
$530,788
$531K
+5.9%
City Comparison
Chatham vs. National Median
🏠 Chatham
$530,788
National Median
$410,000
At $530,788, homes in Chatham cost 29% above the national median of $410,000. Buyers in Chatham should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Chatham?
20% Down Payment
$106,158
on $530,788
Monthly P&I
$2,768/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,515/mo
incl. taxes & insurance
Income Needed
$140,600
gross annual (30% rule)
10% Down Option
$53,079
+ PMI applies
Loan Amount (20% dn)
$424,630
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chatham, NY?
The median home value in Chatham is $530,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.9% year-over-year.
How much have home prices changed in Chatham?
Over the past year, home values in Chatham have increased by 5.9%.
How much do I need to earn to buy a home in Chatham?
To comfortably afford the median home price of $530,788 with a 20% down payment ($106,158) at today's rates (6.8%), you'd need a gross annual income of approximately $140,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Chatham compare to the national average home price?
The national median home value is approximately $410,000. At $530,788, homes in Chatham are 29% above the national average.
What metro area is Chatham part of?
Chatham is part of the Hudson, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.