Market Intelligence · IL / Chatham

Chatham, IL 62629 Housing Market

The typical home value in Chatham is $311,943, up 6.9% over the past year. Homes on the market carry a median list price of $397,000 and stay listed for a median of 34 days.

Updated August 2026Median value$308K

The median home value in Chatham, IL 62629 is $308K as of August 2026, up 6.8% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 62629 range

$284K to $333K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.8% over 12 months

Typical home value in 62629 over the last 12 months: $289K in Aug 2025 to $308K in Aug 2026 (+6.8%).

Aug 2025$289K

Aug 2026$308K

The numbers

What is the 62629 housing market like?

Typical home value

$308K

Up6.8%YoY

Median list price

$397K

Up2.8%MoM

Days on market

34

Flat0.0%MoM

Homes for sale

25

Up4.2%MoM

Price cuts

36.9%

Up89.9%MoM

New listings

16

Down27.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 62629 home prices compare?

  • 62629$308,320
  • Chatham$308,320
  • Illinois$197,608
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Chatham: 1 ZIPs; Illinois: 1,084 ZIPs; United States: 26,265 ZIPs).

Context

Chatham has 25 homes for sale as of August 2026, with 16 new listings added recently. The median list price stands at $397,000 and homes typically spend 34 days on the market. Price cuts are affecting 36.9% of current listings, which is a notable share. For a seller, this mix of steady appreciation and high listing inventory suggests you should price carefully and be ready to negotiate.

Monthly payment

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20% · $61,664

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