Chatham, New Brunswick, Canada
As of August 12, 2026, the median asking price in Chatham is $474,900, across 5 active MLS® listings.
Those listings have been on the market an average of 85 days.
2 new listings came to market in Chatham in the last 30 days.
Asking prices work out to about $241 per square foot, based on the 5 listings that report floor area.
Detached homes in Chatham are listed at an average of $488,740 across 5 active listings.
Chatham is one of the two historic urban cores that make up the Town of Miramichi (often referred to locally as “Chatham” vs. “Newcastle”), set along the Miramichi River with a traditional small-city street grid and a mix of older character homes, mid-century bungalows, and smaller multi-unit rentals. The neighbourhood tends to skew toward working families, public-sector and service employment, and an older age profile compared with larger New Brunswick centres, with affordability drawing first-time buyers and value-focused investors. Daily amenities are concentrated along Water Street/King George Highway corridors with grocery, pharmacies, local restaurants, and professional services, and residents have quick access to riverfront green space and community facilities.
Schools and civic services are a major anchor: the Miramichi Regional Hospital is in Chatham, and many government/health-sector jobs support steady rental demand. Transit is limited and most households rely on driving, but the core is relatively walkable for errands. Real estate conditions are typically more liquid for entry-level single-family homes and small income properties than luxury stock, with rents supported by hospital-related demand, trades/industrial employment, and interprovincial movers seeking lower costs. Price growth has been positive in recent years from a low base, though volatility and slower long-term appreciation than Fredericton/Moncton are typical; investors often focus on cash flow, tenant quality, and property condition (especially older housing stock) rather than relying solely on appreciation.
Chatham’s for-sale market currently has 60 active listings with a median asking price of $199,000 and an average of $200 per square foot. Homes are taking about 119 days on market, suggesting a slower pace that can give buyers and value-focused investors more negotiating room. With 9 new listings added in the past 30 days, fresh inventory is arriving, but patience remains important when underwriting timelines and pricing.
The median asking price in Chatham is $474,900, across 5 active MLS® listings as of August 12, 2026. The average asking price is $488,740. These are list prices on homes currently for sale, not sale prices.
There are 5 active MLS® listings in Chatham as of August 12, 2026. 2 of them came to market in the last 30 days.
Homes currently listed in Chatham have been on the market an average of 85 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.