Chatham, IL Real Estate
According to census data in the year 2000 there were 3,162 housing units in Chatham.
This represents a 50.1% growth from 2,107 in 1990.
Of those housing units, 3,094 were located in either urbanized areas or urban clusters, and 68 were located in what is classified as a rural area.
Homeownership rate in Chatham is about 86%.
Chatham's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Chatham were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.10% |
| Two Bedrooms | 20.20% |
| Three Bedrooms | 54.50% |
| Four Bedrooms | 20.70% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.88 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $110,300 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 66.60% |
| Debt Free | 17.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
