The median home in Chatham, Illinois is valued at $291,682, up 7.9% year over year. Typical monthly rent is $1,847, producing a price-to-rent ratio of 13.2x — below the national average of 18x. Chatham is part of the Springfield, IL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$291,682

+7.9%

Rent$1,847/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Chatham.

Income (annual)

Down Payment

$58,336 on $291,682

Example: $75,000 household income. Change it above to see your own.

Stretch34.7% of income

Above 28% but manageable with cuts.

PITI$2,167

P/I34.7%

Afford$236K

Gap-$56K

P&I $1,475Tax $542Ins $150

Renting $320/mo cheaper ($1,847 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Chatham with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Springfield, IL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Springfield, IL metro.

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Chatham, IL