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CHATHAM, IL 62629

Real Estate Market Report  ·  Sangamon County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
27
⇩ 6.9% vs 29 last year
Pending
10
37% pending ratio
Median Price
$369,000
⇩ 8.2% vs $402,000 last year
Average Price
$401,505
⇧ 9.7% vs $366,069 last year
Days on Market
50
⇩ 34.2% vs 76 days last year

Market Context

Population: 15,245  ·  Density: 168.7/mi²  ·  Median household income: $104,600

Typical home value: $217,862  ·  Homeownership: 80.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CHATHAM, IL real estate market (62629) currently shows 27 active listings, with 10 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 50 days on market compared to 76 days last year.

The median listing price has fallen 8.2% year-over-year, from $402,000 to $369,000.

Whether you are buying or selling in CHATHAM, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 27 this year vs 29 last year
  • Days on market: 50 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $369,000 (-8.2% YoY)
  • Average: $401,505 (+9.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 166 listings ($41,212,449 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62629Chatham, IL 626290.0 mi27$10,840,635$369,000$401,505
62661Loami, IL 626616.5 mi2$299,800$149,900$149,900
62704Springfield, IL 627046.8 mi88$17,389,856$164,900$197,612
62712Springfield, IL 627128.7 mi20$8,079,280$399,900$403,964
62670New Berlin, IL 6267010.4 mi3$279,600$93,200$93,200
62558Pawnee, IL 6255811.3 mi3$616,950$213,900$205,650
62690Virden, IL 6269012.2 mi7$1,014,440$164,950$144,920
62692Waverly, IL 6269213.4 mi4$245,288$69,900$61,322
62625Cantrall, IL 6262515.6 mi2$438,000$219,000$219,000
62517Bulpitt, IL 6251716.4 mi1$60,000$60,000$60,000
62520Dawson, IL 6252017.0 mi2$444,000$222,000$222,000
62561Riverton, IL 6256117.3 mi6$1,439,700$240,000$239,950
62601Alexander, IL 6260117.7 mi1$64,900$64,900$64,900

Frequently Asked Questions

How many homes are for sale in CHATHAM, IL 62629?

As of January 2026, there are 27 active listings in CHATHAM, IL (zip code 62629), compared to 29 the prior year.

What is the median home price in CHATHAM, IL 62629?

The median listing price in CHATHAM, IL 62629 is $369,000 as of January 2026, a 8.2% decrease from $402,000 the prior year.

How long do homes stay on the market in CHATHAM, IL?

Homes in CHATHAM, IL 62629 spend an average of 50 days on the market before going under contract, compared to 76 days the prior year.

Is it a seller's or buyer's market in CHATHAM, IL 62629?

Based on current inventory and days-on-market data as of January 2026, CHATHAM, IL 62629 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 50 days on market compared to 76 days last year.

How much can I save on real estate commission in CHATHAM, IL?

With SELL123.com's maximum 3% commission, sellers in CHATHAM, IL 62629 save an estimated $7,380 compared to a typical 5% commission on the median listing price of $369,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.