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Preforeclosure Homes in Chesapeake Beach, MD

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Living in Chesapeake Beach, MD

Chesapeake Beach is a picturesque town located on the western shore of the Chesapeake Bay, known for its charming waterfront views and relaxed vibe. The community offers a mix of outdoor activities, including fishing, boating, and access to beautiful beaches. With a small-town atmosphere and proximity to larger urban centers, it provides a unique blend of tranquility and convenience.

Current Market Conditions in Chesapeake Beach, MD

Chesapeake Beach has seen a steady increase in real estate prices in recent years, attributed to its beautiful waterfront and small-town charm. The demand for homes, especially those near the waterfront, remains high as more individuals and families seek tranquility close to the water.

As of late 2023, the housing market in Chesapeake Beach continues to show resilience, with many homes selling above the asking price due to the limited inventory available and the area's attractiveness as a getaway destination.

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 $427,146.00. 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 $470,955.00, 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 $10,390.00. 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.

Chesapeake Beach, MD Preforeclosure Homes


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