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Foreclosure Homes in Chesapeake City, MD

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Chesapeake City, MD Foreclosures

How much do homes sell for in Chesapeake City, MD?
The average home price is currently $486,607.
In Chesapeake City, MD, how many homes are available?
There are currently 1 active home listings available in Chesapeake City.
What’s the average rental cost in Chesapeake City, MD?
The average rental price in Chesapeake City is $1,655.
What is the most expensive home in Chesapeake City?
The most expensive home sold in Chesapeake City had a price of $10,192,416.
What is currently the cheapest priced home in Chesapeake City, MD?
The cheapest home for sale in Chesapeake City is priced at $10,264.

Living in Chesapeake City, MD

Chesapeake City, MD, is a charming waterfront town that features a rich history and a close-knit community. Nestled along the Chesapeake and Delaware Canal, it offers a variety of recreational activities including fishing, boating, and nature walks. With local events and educational institutions, Chesapeake City provides a peaceful environment for families and outdoor enthusiasts alike.

Current Market Conditions in Chesapeake City, MD

Chesapeake City's real estate market has shown steady growth over the past several years, with a mix of historical homes and new constructions appealing to a diverse range of buyers. The demand for waterfront properties has been particularly strong, as many people seek homes with easy access to the water and scenic views. As a result, home values in Chesapeake City have consistently appreciated, reflecting a vibrant and competitive market in the area.

Home Value Estimator For Chesapeake City, MD

There are currently 1,718 real estate properties in Chesapeake City, MD, with a median automated valuation model (AVM) price of $369,386.00. 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 City, 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 City, MD, is $486,607.00, with the most expensive house in Chesapeake City, MD, topping out at $10,192,416.00 and the cheapest home in Chesapeake City, MD, clocking in at $10,264.00. In other words, there’s something for every potential homebuyer or savvy investor in Chesapeake City, MD!

Rent Prices In Chesapeake City, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chesapeake City, MD, is on a rollercoaster ride. The average rent price in Chesapeake City, MD, is $1,655.00. Indeed, when looking to rent in Chesapeake City, MD, you can expect to pay as little as $840.00 or as much as $3,300.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Chesapeake City, 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 City, MD Foreclosures


Market Trend for Chesapeake City, MD

Total Listings Available: 1

Market Values:

Home Prices from $10,264 to $10,192,416

Average Sales Price: $486,607

Rental Values:

Rental from $840 to $3,300

Average Rent Value: $1,655 / month

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