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Preforeclosure Homes in Cheriton, VA 23316

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Cheriton, VA Foreclosures

How much do homes sell for in Cheriton, VA?
The average home price is currently $243,801.
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 $816,371.
What is currently the cheapest priced home in Cheriton, VA?
The cheapest home for sale in Cheriton is priced at $45,725.

Living in Cheriton, VA

Cheriton, VA is a quaint small town perfect for those seeking a peaceful and community-driven lifestyle. Surrounded by nature, it offers plenty of outdoor recreational activities and is just a short drive from the historic Cape Charles. Residents enjoy a slower pace of life while still having access to essential amenities and services.

Current Market Conditions in Cheriton, VA

The real estate market in Cheriton has witnessed steady growth, driven by an increase in demand for coastal properties. The area has become increasingly attractive due to its peaceful atmosphere and affordability compared to larger cities in Virginia.

Current trends show a desirable market for both buyers and renters, with many interested in beach properties, leading to a competitive market as more individuals seek vacation homes in the area.

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 $205,608.00. 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 $243,801.00, with the most expensive house in Cheriton, VA, topping out at $816,371.00 and the cheapest home in Cheriton, VA, clocking in at $45,725.00. 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 Preforeclosure Homes


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