Chatham home prices rise in August 2020

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The median sale price of a home sold in August 2020 in Chatham rose by $56,000 while total sales decreased by 13.3%, according to BlockShopper.com.

In August 2020, there were 13 homes sold, with a median sale price of $192,000 - a 41.2% increase over the $136,000 median sale price for the same period of the previous year. There were 15 homes sold in Chatham in August 2019.

The median sales tax in Chatham for the most recent year with available data, 2018, was $3,468, approximately 1.8% of the median home sale price for August 2020.

The following table compares Chatham to other Sangamon County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Pawnee330%$265,000$162,50063.1%
Chatham1315-13.3%$192,000$136,00041.2%
New Berlin25-60%$175,250$155,00013.1%
Rochester1011-9.1%$172,500$169,0002.1%
Cantrall110%$170,000$35,000385.7%
Sherman330%$165,000$165,0000%
Auburn58-37.5%$143,500$113,70026.2%
Buffalo20-$132,450$0-
Dawson220%$109,950$147,400-25.4%
Williamsville110%$100,000$163,000-38.7%
Riverton13-66.7%$80,000$156,500-48.9%

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