Is Chatham, LA 71226 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Chatham is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$286▲ +68.5% vs. last year

The Chatham housing market right now

In the three months ending August 31, 2026, 0% of homes in Chatham, LA 71226 sold above their list price and the typical home went under contract in 13 days. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (59 days then) and the median sale price rose 61% to $634,725. Overall, Chatham is more competitive than a year ago, so tougher for buyers.

Within Jackson Parish, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby markets

Eros 71238Seller’s market $172 /sq ftHodge 71247Seller’s market $93 /sq ftJonesboro 71251Seller’s market $124 /sq ftQuitman 71268Seller’s market $104 /sq ft Browse all markets →

Where Chatham is

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Questions about Chatham real estate

How fast do homes sell in Chatham?

The typical home went under contract in 13 days in the latest three months.

Do homes in Chatham sell over asking?

0% of homes sold above their original list price.

What are property taxes in Chatham?

About 0.30% of a home’s value a year in Jackson Parish, or roughly $1,200 on a $400,000 home.

What is the median home price in Chatham?

The median sale price was $634,725 in the three months ending August 31, 2026, about $286 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology