According to statistics, the population in Chatham, MA amounts to 1,373, which shows decline -4% compared to the previous year. The median age of the city’s residents is 60. The average household income is $58,015, shifting growth 7% from the past year, and the average property value in Chatham, MA decline 0% to $690,300 throughout the year.
|Number Of Employees||561|
|Median Property Value||$690,300|
The average household income in Chatham, MA grew from $54,063 to $58,015 in the past year. This data is an estimate based upon 719 households in Chatham, MA . The chart below presents how household income is distributed in Chatham, MA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Chatham, MA shifted from $687,500 to $690,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Chatham, MA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Chatham, MA properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chatham, MA compared to median property taxes around the country. The prevalent amount of property taxes in Chatham, MA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|2 bed for sale||$1,037,500||+56.7%|
|3 bed for sale||$1,143,853||-10.2%|
|4+ bed for sale||$1,550,354||-34.9%|
During Jul 2022, the average price for an apartment in/near Chatham, MA decreased by 18.5% to $1,295,953.
Asking price for 2-bed apartment also increased by 56.7% and a place of this size will now cost you $1,037,500. A 3-bed apartment goes for $1,143,853, it decreased by 10.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 34.9% and made it down to $1,550,354.
|Listing Type||Jul||vs Last Month|
|Condos for sale||$787,200||N/A|
|Houses for sale||$1,331,914||-23%|
|Land for sale||$325,000||N/A|
Price reports demonstrate that house price decreased by 23% this month making it up to $1,331,914. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $787,200.