The typical owner-occupied home in West Chatham is worth about $739,600, 32% above the Massachusetts median of $562,100 and 2.2 times the national median of $332,700. Owners pay a median $2,980 a year in property taxes, about 0.40% of their home's value, lower than the Massachusetts rate of 1.07%. 84% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
West Chatham at a glance
| West Chatham | Massachusetts | U.S. | |
|---|---|---|---|
| Median home value | $739,600 | $562,100 | $332,700 |
| Median property tax paid per year | $2,980 | $5,992 | $3,119 |
| Property tax as a share of value | 0.40% | 1.07% | 0.94% |
| Median household income | – | $103,960 | $80,734 |
| Homes lived in by their owners | 84% | 63% | 65% |
| Owner homes with a mortgage | 56% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,508 | $2,726 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 21.9% | 21.0% |
| Median rent | $1,772 | $1,762 | $1,413 |
| Rent as a share of renters' income | 51.0% | 30.9% | 30.6% |
| Median year homes were built | 1975 | 1964 | 1980 |
| Vacant homes | 70.7% | 8.1% | 10.1% |
| Population | 1,258 | 7,044,056 | 334,922,499 |
What a typical home costs per month in West Chatham
At this week's average 30-year rate of 7.11%, buying the median West Chatham home of $739,600 with 20% down costs about $4,535 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,767, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $194,356 for the 20%-down payment.
The median rent here is $1,772 a month, so owning the median home costs about $2,763 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $147,920 |
|---|---|
| Loan amount | $591,680 |
| Principal and interest | $3,980 |
| Property taxes (0.40% a year) | $247 |
| Homeowners insurance (our estimate, 0.5% a year) | $308 |
| PMI | $0 |
| Total per month | $4,535 |
Change the numbers in the calculator
| Down payment | $25,886 |
|---|---|
| Loan amount | $726,204 |
| Principal and interest | $4,885 |
| Property taxes (0.40% a year) | $247 |
| Homeowners insurance (our estimate, 0.5% a year) | $308 |
| FHA mortgage insurance | $327 |
| Total per month | $5,767 |
Change the numbers in the calculator
Questions about home buying in West Chatham
What is the median home value in West Chatham?
About $739,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in West Chatham?
Homeowners pay a median $2,980 a year, which is about 0.40% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in West Chatham?
For the median home with 20% down at 7.11%, the payment is about $4,535 a month. Keeping that under 28% of gross income takes about $194,356 a year.
More about West Chatham
- Mortgage Refinance in West Chatham
- Debt Relief in West Chatham
- Home Equity Loans in West Chatham
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data