Chatham, VA Real Estate
According to census data in the year 2000 there were 612 housing units in Chatham.
This represents a 0.8% decline from 617 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 612 were located in what is classified as a rural area.
Homeownership rate in Chatham is about 69.2%.
Chatham's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Chatham were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 10.30% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 36.60% |
| Four Bedrooms | 17.20% |
| Five Bedrooms or more | 7.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $82,500 |
| Median Price asked for vacant units | $62,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $286 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.30% |
| Home Equity Loan | 4.50% |
| Simple Mortgage | 38.20% |
| Debt Free | 54% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
