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Foreclosures in Chatham, VA 24531

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Chatham, VA Foreclosures

Current Market Conditions in in Chatham, VA As of February 2026?
Over the past month, the Chatham real estate market has seen a slight increase in the average home sales price, likely due to continued interest from new buyers and limited inventory. The rate of homes being sold has also seen a minor uptick, indicating a potential shift in demand as more people seek the peaceful lifestyle offered in the area. The rental market has remained stable, showing no significant fluctuations.
How much do homes sell for in Chatham, VA?
The average home price is currently $235,550.
In Chatham, VA, how many homes are available?
There are currently 2 active home listings available in Chatham.
What’s the average rental cost in Chatham, VA?
The average rental price in Chatham is $1,029.
What is the most expensive home in Chatham?
The most expensive home sold in Chatham had a price of $4,849,461.
What is currently the cheapest priced home in Chatham, VA?
The cheapest home for sale in Chatham is priced at $5,954.

Living in Chatham, VA

Chatham, VA, is a serene small town known for its beautiful landscapes and rich history. With a close-knit community, residents enjoy access to outdoor recreational activities and local events. The town combines Southern charm with modern amenities, making it an ideal place to live.

Buyer vs Seller Market in Chatham, VA

The real estate market in Chatham is currently characterized by stable property values and a moderate level of inventory. Homes are typically staying on the market for a bit longer than in previous years, providing buyers with more options to choose from. Investors note a slight uptick in interest due to the town's affordability compared to larger metropolitan areas.

There is an increasing trend of remote workers and families moving to Chatham for its quality of life, which contributes to steady demand in the housing market.

Home Value Estimator For Chatham, VA

There are currently 3,960 real estate properties in Chatham, VA, with a median automated valuation model (AVM) price of $192,205.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chatham, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chatham, VA, is $235,550.00, with the most expensive house in Chatham, VA, topping out at $4,849,461.00 and the cheapest home in Chatham, VA, clocking in at $5,954.00. In other words, there’s something for every potential homebuyer or savvy investor in Chatham, VA!

Rent Prices In Chatham, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chatham, VA, is on a rollercoaster ride. The average rent price in Chatham, VA, is $1,029.00. Indeed, when looking to rent in Chatham, VA, you can expect to pay as little as $480.00 or as much as $1,960.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Chatham, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chatham, VA 24531 Foreclosures


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