#VAPI2000064, Zach Antill, Listing Office: ADVANCE LAND AND TIMBER LLC
Chatham Housing Market Report January 2025•Pittsylvania County, Virginia
Housing Prices in Chatham, VA
How much do homes in Chatham, VA cost?
Median List Price
$189,900$134/SqFt
-$29,100
-13.3%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Chatham has decreased by 13.3% since last year.
Summary: The median home list price in Chatham was $189,900 in January 2025, down 13.3% from the previous year, and the median price per square foot was $134.
Median List Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Banister | $169.9K | $149.9K | -11.8% |
| Chatham | $219K | $189.9K | -13.3% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 33 Bedrooms | $215K | $189.9K | -11.7% |
| 55+ Bedrooms | - | - | N/A |
| 11 Bedroom | - | $99K | N/A |
| 22 Bedrooms | $219K | $151.2K | -31.0% |
| 44 Bedrooms | $349.9K | $319.9K | -8.6% |
Summary: Chatham housing price by bedroom type for January 2025, compared to the previous year. The home price for 3 bedroom homes decreased by -11.7%. The home price for 5 bedroom homes did not change. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -31.0%. The home price for 4 bedroom homes decreased by -8.6%.
Housing supply in Chatham, VA
How many homes are available in Chatham, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 22 months agoDec 2024 | +100.0 % Change MoMDec – Jan |
Summary: The Chatham real estate market had 4 homes for sale in Jan 2025, a 100.0 % increase compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 1 | 3 | +200.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
Summary: Chatham housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 3 bedroom homes increased by +200.0%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Chatham, VA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Chatham, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Chatham in January 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Chatham, VA
How long does it take to sell a home in Chatham, VA?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days1 Home
Insight
Most homes in Chatham are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 1 homes were sold in Chatham; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 111 DaysThis YearJan 2025 | ||
| 51 Days1 year agoJan 2024 | +115.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Chatham had an average listing age of 111 days in Jan 2025, up by 115.8% compared to the previous year.
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Newest Listings in Chatham, VA
What homes are available in Chatham, VA?
#352545, Don R Ashworth, Listing Office: Watts Auction Realty Appraisals Inc
Nearby markets
Nearby markets aren't available for Chatham, VA
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MLS Disclaimers and Copyright
Based on information from Lynchburg MLS, and BrightMLS for the period 02/01/2023 - 02/01/2025
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.