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Short Sale Listings in Chatham, VA 24531

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Chatham, VA Foreclosures

How much do homes sell for in Chatham, VA?
The average home price is currently $225,739.
In Chatham, VA, how many homes are available?
There are currently 4 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 $4,305,101.
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 picturesque small town situated in the heart of Virginia's beautiful countryside. Known for its inviting atmosphere and rich history, Chatham offers residents a peaceful lifestyle with plenty of outdoor activities and essential amenities nearby. This community is perfect for families and individuals seeking a charming place to call home.

Current Market Conditions in Chatham, VA

The real estate market in Chatham shows a positive upward trend as more people seek the peace and serenity of rural living. Home prices have steadily increased, with a growing number of buyers looking for both primary residences and vacation homes to escape to the countryside.

The supply of homes for sale in Chatham remains relatively low, which is contributing to increased competition among buyers. The demand is particularly high for homes with larger lots and those in proximity to natural amenities, reflecting a wider trend of homebuyers seeking space and outdoor access.

Home Value Estimator For Chatham, VA

There are currently 3,765 real estate properties in Chatham, VA, with a median automated valuation model (AVM) price of $190,843.00. 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 $225,739.00, with the most expensive house in Chatham, VA, topping out at $4,305,101.00 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 Short Sale Listings

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