Chesapeake, WV Foreclosures
How much do homes sell for in Chesapeake, WV?
The average home price is currently $96,145.
What’s the average rental cost in Chesapeake, WV?
The average rental price in Chesapeake is $813.
What is the most expensive home in Chesapeake?
The most expensive home sold in Chesapeake had a price of $991,619.
What is currently the cheapest priced home in Chesapeake, WV?
The cheapest home for sale in Chesapeake is priced at $21,115.
Living in Chesapeake, WV
Chesapeake, WV, is a charming suburban community that balances nature with modern living. It's an ideal place for families with a focus on outdoor activities and excellent schools. Residents enjoy a friendly neighborhood atmosphere while being conveniently located near the amenities of Huntington.
Current Market Conditions in Chesapeake, WV
The real estate market in Chesapeake has been experiencing steady growth, driven by an influx of families seeking affordable housing options in a suburban community. Homes typically offer good value for their price, with increasing demand leading to competitive bidding situations in certain neighborhoods.
While the market remains accessible, home values have shown a gradual appreciation over the past few years, indicating a positive trend for potential real estate investors. The combination of affordability and community features positions Chesapeake as a promising market for long-term investments.
Home Value Estimator For Chesapeake, WV
There are currently 219 real estate properties
in Chesapeake, WV,
with a median automated valuation model (AVM) price
of $79,588.00. 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, WV, 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, WV,
is $96,145.00, with the most expensive house
in Chesapeake, WV, topping out
at $991,619.00 and the cheapest home
in Chesapeake, WV,
clocking in at $21,115.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chesapeake, WV!
Rent Prices
In Chesapeake, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chesapeake, WV, is on
a rollercoaster ride. The
average rent price in Chesapeake, WV,
is $813.00. Indeed, when looking to rent in
Chesapeake, WV, you can expect to pay as little
as $530.00 or as much
as $1,490.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Chesapeake, WV
-- 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
