Cheriton, VA Foreclosures
How much do homes sell for in Cheriton, VA?
The average home price is currently $243,061.
In Cheriton, VA, how many homes are available?
There are currently 12 active home listings available in Cheriton.
What’s the average rental cost in Cheriton, VA?
The average rental price in Cheriton is $1,071.
What is the most expensive home in Cheriton?
The most expensive home sold in Cheriton had a price of $785,863.
What is currently the cheapest priced home in Cheriton, VA?
The cheapest home for sale in Cheriton is priced at $40,817.
Living in Cheriton, VA
Cheriton is a quaint small town located in Northampton County, Virginia. Known for its serene atmosphere and close-knit community, this area offers a slow-paced lifestyle with stunning views of nature and easy access to the nearby Chesapeake Bay. Local amenities, charming stores, and outdoor activities such as fishing and boating make it a desirable place for families and retirees alike.
Current Market Conditions in Cheriton, VA
Currently, the real estate market in Cheriton shows signs of steady growth. Home prices have been increasing moderately as demand for properties in this idyllic coastal town rises, driven by the appeal of quieter living environments. Inventory levels remain low, which continues to support pricing trends in the housing market.
As interest rates fluctuate, first-time homebuyers and investors alike are exploring opportunities in Cheriton. The town's unique charm and natural beauty attract those looking for vacation homes as well, adding to the diversity of buyers in this market.
Home Value Estimator For Cheriton, VA
There are currently 27 real estate properties
in Cheriton, VA,
with a median automated valuation model (AVM) price
of $206,868.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cheriton, 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 Cheriton, VA,
is $243,061.00, with the most expensive house
in Cheriton, VA, topping out
at $785,863.00 and the cheapest home
in Cheriton, VA,
clocking in at $40,817.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cheriton, VA!
Rent Prices
In Cheriton, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cheriton, VA, is on
a rollercoaster ride. The
average rent price in Cheriton, VA,
is $1,071.00. Indeed, when looking to rent in
Cheriton, VA, you can expect to pay as little
as $660.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Cheriton, 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.
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