Chesapeake Beach, MD Foreclosures
How much do homes sell for in Chesapeake Beach, MD?
The average home price is currently $468,088.
What’s the average rental cost in Chesapeake Beach, MD?
The average rental price in Chesapeake Beach is $2,106.
What is the most expensive home in Chesapeake Beach?
The most expensive home sold in Chesapeake Beach had a price of $3,457,825.
What is currently the cheapest priced home in Chesapeake Beach, MD?
The cheapest home for sale in Chesapeake Beach is priced at $10,626.
Living in Chesapeake Beach, MD
Chesapeake Beach, MD, is a vibrant coastal town known for its stunning waterfront views and outdoor activities. It features a family-friendly atmosphere with various parks, dining options, and community events, offering a unique blend of relaxation and recreation.
Current Market Conditions in Chesapeake Beach, MD
Currently, Chesapeake Beach's real estate market is experiencing growth, with an influx of buyers looking for vacation homes and year-round residences. The average home price has increased over the past few months, as more people recognize the appeal of living near the water. The demand for properties near the beach continues to rise, especially as more individuals seek a peaceful lifestyle away from urban settings.
Statistics show that homes in Chesapeake Beach are selling relatively quickly, indicating a competitive market. With its natural beauty, community amenities, and proximity to Washington D.C., many buyers are willing to invest in this community, which may further drive up property values in the future.
Home Value Estimator For Chesapeake Beach, MD
There are currently 4,498 real estate properties
in Chesapeake Beach, MD,
with a median automated valuation model (AVM) price
of $424,841.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chesapeake Beach, MD, 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 Chesapeake Beach, MD,
is $468,088.00, with the most expensive house
in Chesapeake Beach, MD, topping out
at $3,457,825.00 and the cheapest home
in Chesapeake Beach, MD,
clocking in at $10,626.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chesapeake Beach, MD!
Rent Prices
In Chesapeake Beach, MD
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chesapeake Beach, MD, is on
a rollercoaster ride. The
average rent price in Chesapeake Beach, MD,
is $2,106.00. Indeed, when looking to rent in
Chesapeake Beach, MD, you can expect to pay as little
as $1,090.00 or as much
as $4,290.00,
with the average rent median estimated to
be $2,100.00. The good news is that finding
an affordable and desirable property to rent in Chesapeake Beach, MD
-- 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.
Learn more on Foreclosure homes
