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Chatham, VA Real Estate


According to census data in the year 2000 there were 612 housing units in Chatham. This represents a 0.8% decline from 617 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 612 were located in what is classified as a rural area.

Homeownership rate in Chatham is about 69.2%. Chatham's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Chatham were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom10.30%
Two Bedrooms27.90%
Three Bedrooms36.60%
Four Bedrooms17.20%
Five Bedrooms or more7.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1948
Median Value of occupied units$82,500
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1952
Median Monthly Rent asked for vacant units$286

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan4.50%
Simple Mortgage38.20%
Debt Free54%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%