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Foreclosure Homes in Cheriton, VA 23316

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Cheriton, VA Foreclosures

Current Market Conditions in in Cheriton, VA As of March 2026?
Over the past month, Cheriton's real estate market has shown signs of a slight uptick in buyer interest, particularly for single-family homes. This has resulted in a few listings receiving multiple offers, reflecting a growing appreciation for the area’s peaceful nature and community vibe. Homes that are well-maintained and priced competitively are moving quickly, signaling robust buyer engagement in the market.
How much do homes sell for in Cheriton, VA?
The average home price is currently $240,258.
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 $762,755.
What is currently the cheapest priced home in Cheriton, VA?
The cheapest home for sale in Cheriton is priced at $48,750.

Living in Cheriton, VA

Cheriton, VA is a serene town located on the Eastern Shore, offering a tight-knit community and tranquil atmosphere. Surrounded by beautiful natural landscapes and proximity to the Chesapeake Bay, residents enjoy access to a variety of outdoor activities. The town's local amenities and rich culture make it an appealing destination for families and retirees alike.

Buyer vs Seller Market in Cheriton, VA

The real estate market in Cheriton is currently experiencing a stability period, with steady prices and demand for homes, especially among those seeking a quieter lifestyle away from urban environments. The town's appeal for retirees and nature lovers is supporting the market's resilience.

Recent trends indicate a slight increase in home prices over the past year as more buyers search for properties that provide access to outdoor activities and a peaceful environment, which Cheriton offers in abundance.

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 $210,380.00. 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 $240,258.00, with the most expensive house in Cheriton, VA, topping out at $762,755.00 and the cheapest home in Cheriton, VA, clocking in at $48,750.00. 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.

Cheriton, VA 23316 Foreclosures

Market Trend for Cheriton, VA

Total Listings Available: 0

Market Values:

Home Prices from $48,750 to $762,755

Average Sales Price: $240,258

Rental Values:

Rental from $660 to $1,920

Average Rent Value: $1,071 / month

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