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Foreclosure Homes in Cheriton, VA

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Cheriton, VA Foreclosures

Current Market Conditions in in Cheriton, VA As of April 2026?
Over the past month, Cheriton's real estate market has experienced a slight uptick in interest, especially from out-of-state buyers seeking summer retreats. Listings are moving slightly faster, indicating a potential shift towards a seller's market. New construction has picked up as well, with developers recognizing the value of this quaint community.
How much do homes sell for in Cheriton, VA?
The average home price is currently $248,209.
In Cheriton, VA, how many homes are available?
There are currently 16 active home listings available in Cheriton.
What’s the average rental cost in Cheriton, VA?
The average rental price in Cheriton is $1,062.
What is the most expensive home in Cheriton?
The most expensive home sold in Cheriton had a price of $789,617.
What is currently the cheapest priced home in Cheriton, VA?
The cheapest home for sale in Cheriton is priced at $47,653.

Living in Cheriton, VA

Cheriton is a small town located on the Eastern Shore of Virginia, known for its peaceful rural charm and close-knit community feel. The town offers access to beautiful natural landscapes, waterfront activities, and a slower pace of life that appeals to those looking to escape the hustle and bustle of city living. Residents enjoy a variety of local amenities and easy access to the broader attractions of the Eastern Shore.

Buyer vs Seller Market in Cheriton, VA

The real estate market in Cheriton shows signs of stability with steady demand for homes. With its picturesque setting and small-town charm, properties are drawing interest from both local buyers and those from outside the area looking for vacation homes or retirement options.

Current trends indicate modest price growth, making it an attractive time for investment. Homes that offer waterfront access or larger lots are particularly appealing.

Home Value Estimator For Cheriton, VA

There are currently 28 real estate properties in Cheriton, VA, with a median automated valuation model (AVM) price of $188,672.00. 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 $248,209.00, with the most expensive house in Cheriton, VA, topping out at $789,617.00 and the cheapest home in Cheriton, VA, clocking in at $47,653.00. 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 $1,062.00. 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 Foreclosures


Market Trend for Cheriton, VA

Total Listings Available: 16

Market Values:

Home Prices from $47,653 to $789,617

Average Sales Price: $248,209

Rental Values:

Rental from $660 to $1,920

Average Rent Value: $1,062 / month

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