Chesapeake Beach, MD Foreclosures
How much do homes sell for in Chesapeake Beach, MD?
The average home price is currently $466,305.
In Chesapeake Beach, MD, how many homes are available?
There are currently 25 active home listings available in Chesapeake Beach.
What’s the average rental cost in Chesapeake Beach, MD?
The average rental price in Chesapeake Beach is $2,106.
What is the most expensive home in Chesapeake Beach?
The most expensive home sold in Chesapeake Beach had a price of $3,457,825.
What is currently the cheapest priced home in Chesapeake Beach, MD?
The cheapest home for sale in Chesapeake Beach is priced at $10,578.
Living in Chesapeake Beach, MD
Chesapeake Beach, MD is a peaceful waterfront town with stunning views of the Chesapeake Bay. Known for its tight-knit community and laid-back lifestyle, residents enjoy local shops, family-friendly activities, and outdoor recreation. Perfect for those looking for a serene environment with easy access to urban amenities.
Current Market Conditions in Chesapeake Beach, MD
The real estate market in Chesapeake Beach is currently thriving, with an increase in demand for properties due to its desirable waterfront location. Home prices have seen a steady rise, as more buyers are attracted to the relaxing lifestyle offered by this quaint town. Additionally, the market favors sellers, particularly those with homes close to the water, as buyers are willing to pay a premium for such locations.
Inventory levels have remained relatively low, leading to competitive bidding situations, especially for well-maintained homes. Real estate experts predict that the trend will continue, with expectations of sustained interest in the area as more people seek second homes or retirement locations that combine leisure with coastal living.
Home Value Estimator For Chesapeake Beach, MD
There are currently 4,498 real estate properties
in Chesapeake Beach, MD,
with a median automated valuation model (AVM) price
of $425,425.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chesapeake Beach, MD, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Chesapeake Beach, MD,
is $466,305.00, with the most expensive house
in Chesapeake Beach, MD, topping out
at $3,457,825.00 and the cheapest home
in Chesapeake Beach, MD,
clocking in at $10,578.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chesapeake Beach, MD!
Rent Prices
In Chesapeake Beach, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chesapeake Beach, MD, is on
a rollercoaster ride. The
average rent price in Chesapeake Beach, MD,
is $2,106.00. Indeed, when looking to rent in
Chesapeake Beach, MD, you can expect to pay as little
as $1,090.00 or as much
as $4,290.00,
with the average rent median estimated to
be $2,100.00. The good news is that finding
an affordable and desirable property to rent in Chesapeake Beach, MD
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
