How much does it cost to buy a house in Chatham, NJ?

In May 2026 Chatham homes were listed to buy for a median price of $1.44M, The median value of a home listed to buy in Chatham in May 2026 was $475 per sqft, which is a 12% decrease to April 2025 last month, and a 11% decrease to May 2025 last year.

Is it affordable or expensive to live in Chatham, NJ?

It is expensive to live in Chatham. Buying a home in Chatham is 3% more expensive compared with the national average.

Is it a good time to buy property in Chatham, NJ?

Yes now is a good time to buy property in Chatham, in May 2026, homes in Chatham have decreased in value (price per sqft) by 11% in the last year compared with May 2025.

Is the Chatham, NJ housing market slowing down?

In May 2026, homes to buy in Chatham spent an median 16 days on the market, a same May 2025 last year.

What are the best and safest places to live in Chatham, NJ?

The best and safest neighborhoods to live in Chatham in May 2026 are Forest Hill, South Broad Street, Lower Clinton Hill, South Ironbound, Manor Section, Upper Vailsburg, North Ironbound, West Side, Upper Clinton Hill, Weequahic, North Broadway, Upper Roseville, Lower Vailsburg, Lower Roseville, Fairmount, Newark Central Business District, University Heights

How much money should I make to buy a house in Chatham, NJ?

In May 2026, Chatham homes were listed to buy for a median price of $1.44M, with 25% down you would need $9.52K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $326K.

Is it a good time to sell my house in Chatham, NJ?

Yes now is a good time to sell your house in Chatham, in May 2026, homes in Chatham have decreased in value (price per sqft) by 11% in the last year compared with May 2025.