- 3 bd
- 1 ba
- 1,365 sqft

The average Chatham, MI home value is $221,363, up 15.6% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $221,363
1-Year Value Change: +15.6%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Chatham, MI is $221,363 as of August 2026. This represents a 0.2% decrease compared to last month and a 15.6% increase year-over-year.
Home values in Chatham, MI have decreased by 0.2% month-over-month and 15.6% year-over-year.
The median home value in Chatham, MI ($221,363) compares to: Alger County ($217,292), Michigan ($266,292), and the U.S. national median ($368,697).