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Top Reasons To Live In Chatham, NY In 2024

Chatham is located in Columbia, New York, with an estimated municipal population of 3,905 residents. All of the best foreclosed homes for sale in Chatham are located in the following zip code areas on Foreclosure.com: 12184 12060 12037 12132 12136 12115 12024. The estimated population per square kilometer (.62 miles) in Chatham is 28.


Cost Of Living In Chatham, NY

So, about how much do homes cost in Chatham? The most recent median value of resident-owned homes in Chatham is 270,068. An estimated 80.1 percent of households in Chatham own their homes, with an average family size of 2.99. The median household income in Chatham is 75,444, with37.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chatham, the median commute time of resident workers (in minutes) is 26.8. And last, but certainly not least, are you looking for homes to rent in Chatham? If so, the average rent price paid by renters in Chatham is 1,180, according to recent statistics.


Diversity And Demographics In Chatham, New York

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chatham, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chatham is 47.6, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Chatham is 53.8, with an average family size of 2.99.

The percentage of residents who report their race in Chatham is as follows:

White 87.8%
Black / African American 6%
Asian 0.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.5%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Chatham? Or maybe you are searching for 55+ active adult communities in and/or near Chatham?

The percentage of residents who report their age in Chatham is as follows:

Under 10 8.7%
Aged 10-19 12.8%
20s 9.1%
30s 11.3%
40s 11.4%
50s 13.8%
60s 15.7%
70s 11.8%
80+ 5.3%

Best Schools In Chatham, New York

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chatham with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chatham.


Pros And Cons Of Living In Chatham, New York

How do you know that living in -- or moving to -- Chatham is right where you need to be? Perhaps you grew up in Chatham or already live nearby; therefore, the decision to buy a home in Chatham is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chatham for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chatham:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chatham.


Reasons To Move To Chatham, New York, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chatham can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chatham, meanwhile, can field multiple offers from more qualified buyers.

Chatham, NY Foreclosures


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