Chatham County, North Carolina Housing Market
In Chatham County, North Carolina, the median home value is $446,200, with a median monthly rent of $1,180. This places Chatham County at #203 nationally out of 3134 counties by median home value, and #4 within North Carolina.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,078
- Establishments: 2,372
- BLS QCEW, 2025
Housing Supply
- Single-family: 517
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 33,432 (avg $137,765)
- Outflow: 30,987 (avg $132,855)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Chatham County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 27562 | 222.7 | — | 2025 |
| 2 | 27523 | 327.6 | +16.75% | 2025 |
| 3 | 27344 | 266.8 | +10.69% | 2025 |
| 4 | 27713 | 293.5 | -4.54% | 2025 |
| 5 | 27502 | 313.1 | +2.80% | 2025 |
| 6 | 27519 | 308.0 | +5.71% | 2025 |
| 7 | 27517 | 276.5 | +6.05% | 2025 |
| 8 | 27330 | 255.4 | +4.21% | 2025 |
| 9 | 27516 | 276.6 | +1.09% | 2025 |
| 10 | 27540 | 270.7 | +5.37% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
💰 Ready to Finance a Purchase?
See the 2026 FHA and conforming loan limits for Chatham County, plus monthly payment estimates at today's mortgage rates.
View Mortgage Guide for Chatham County →How Chatham County Compares
| Metric | Chatham County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $446,200 | $235,312 | $227,706 |
| Median Gross Rent | $1,180 | $976 | $968 |
| Owner Occupancy Rate | 80.6% | 71.8% | 73.3% |
| Price/Rent Ratio | 31.5 | 19.8 | 18.7 |
Market Analysis
The median home value in Chatham County is 89.6% above the North Carolina state average and 96.0% above the U.S. national average. The median rent of $1,180/month is 20.9% above the state average.
With a price-to-rent ratio of 31.5, Chatham County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Chatham County has an owner-occupancy rate of 80.6%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Santa Fe County | New Mexico | $446,300 | $1,389 |
| Bucks County | Pennsylvania | $445,700 | $1,605 |
| Humboldt County | California | $446,900 | $1,287 |
| Jefferson County | Montana | $446,900 | $925 |
| Delaware County | Ohio | $445,500 | $1,492 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Orange County | $459,500 | $1,496 | 63.8% |
| Dare County | $460,400 | $1,345 | 78.4% |
| Wake County | $461,300 | $1,623 | 64.1% |
| Union County | $417,300 | $1,496 | 81.6% |
| Mecklenburg County | $406,800 | $1,627 | 55.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).