Cheriton, VA Foreclosures
How much do homes sell for in Cheriton, VA?
The average home price is currently $248,897.
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 $825,621.
What is currently the cheapest priced home in Cheriton, VA?
The cheapest home for sale in Cheriton is priced at $34,646.
Living in Cheriton, VA
Cheriton, VA, is a quaint town on Virginia's Eastern Shore that offers a peaceful, rural lifestyle. With a close-knit community and beautiful natural surroundings, it's an ideal location for those who love outdoor activities and a slower pace of life. Proximity to nearby larger towns provides residents with access to additional amenities and services.
Current Market Conditions in Cheriton, VA
The current real estate market in Cheriton is experiencing stable demand with a slight uptick in home sales. As many people seek quieter lifestyles away from urban areas, Cheriton has gained interest among retirees and families looking for affordable housing options that still provide access to nature and outdoor activities. Homes are generally selling at reasonable prices, which attracts both local buyers and those relocating from higher-cost areas.
Overall, Cheriton’s real estate market maintains a healthy inventory of homes, particularly single-family residences, with many properties featuring larger lots and stunning views. The market remains appealing for first-time homebuyers due to its affordability compared to neighboring regions.
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 $215,681.00. 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 $248,897.00, with the most expensive house
in Cheriton, VA, topping out
at $825,621.00 and the cheapest home
in Cheriton, VA,
clocking in at $34,646.00. 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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