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City-owned Homes And Land in Cape Charles, VA

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Cape Charles, VA Foreclosures

How much do homes sell for in Cape Charles, VA?
The average home price is currently $496,573.
In Cape Charles, VA, how many homes are available?
There are currently 4 active home listings available in Cape Charles.
What’s the average rental cost in Cape Charles, VA?
The average rental price in Cape Charles is $1,354.
What is the most expensive home in Cape Charles?
The most expensive home sold in Cape Charles had a price of $16,465,327.
What is currently the cheapest priced home in Cape Charles, VA?
The cheapest home for sale in Cape Charles is priced at $12,325.

Living in Cape Charles, VA

Cape Charles, Virginia, is a delightful coastal town known for its beautiful beaches and welcoming community atmosphere. With abundant outdoor activities, charming historic sites, and a strong local economy, residents enjoy a peaceful lifestyle immersed in nature. This picturesque town is perfect for families, retirees, and anyone looking to embrace coastal living.

Current Market Conditions in Cape Charles, VA

The real estate market in Cape Charles has seen a fluctuating trend, with a steady interest from potential buyers seeking vacation homes and permanent residences. The small-town feel combined with its picturesque scenery makes it an attractive option, particularly in the spring and summer months when tourism peaks.

Recently, property values have been increasing slightly due to the demand from buyers wanting to invest in vacation rentals and seasonal homes. Investors are also showing interest in properties for renovation or development, creating opportunities for growth in the area.

Home Value Estimator For Cape Charles, VA

There are currently 2,969 real estate properties in Cape Charles, VA, with a median automated valuation model (AVM) price of $377,728.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cape Charles, VA, 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 Cape Charles, VA, is $496,573.00, with the most expensive house in Cape Charles, VA, topping out at $16,465,327.00 and the cheapest home in Cape Charles, VA, clocking in at $12,325.00. In other words, there’s something for every potential homebuyer or savvy investor in Cape Charles, VA!

Rent Prices In Cape Charles, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cape Charles, VA, is on a rollercoaster ride. The average rent price in Cape Charles, VA, is $1,354.00. Indeed, when looking to rent in Cape Charles, VA, you can expect to pay as little as $490.00 or as much as $3,230.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Cape Charles, VA -- 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.

Cape Charles, VA City-owned Homes And Land


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