Chatham home prices rise in June 2017
In June 2017, there were 22 homes sold, with a median sale price of $125,000 - a 20.2% increase over the $104,000 median sale price for the same period of the previous year. There were 19 homes sold in Chatham in June 2016.
The median sales tax in Chatham for 2017 was $2,435. In 2016, the median sales tax was $2,372. This marks an increase of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.9%.
The following table compares Chatham to other Chicago neighborhood with similar median sales prices in June 2017: