Cape Charles, VA Home Values & Market Trends
Real estate market trends reflect that there have been 115 transactions over the past year in Cape Charles. The median value for residential home transactions that occurred over the previous year is $282,972.44. The number of current listings in Cape Charles is 22, and the percentage of properties for sale in the city is 22.00%. Cape Charles, VA currently has 3 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 22 properties for sale.
Cape Charles, VA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
23310 | $ 621,000 $ 273/sqft |
Housing Market Summary for Cape Charles, VA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $595K | $423.3K | -28.85% |
Median Sold Price | $275K | $423.3K | 53.94% |
Homes For Sale | 15 | 22 | 46.67% |
Homes Sold | 54 | 59 | 9.26% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cape Charles, VA
Browse Homes in Cape Charles, VA
Cape Charles home values range from $19,438 to $12,381,064. The median estimated value of a home in Cape Charles is $282,972.44. The median list price of a home is 624,499.5, and the total count of properties in the city is 3,092.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cape Charles, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cape Charles, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cape Charles, VA ranges from the highest value of $140,597 in 23310 to the lowest value of $125,000 in 23310. Bank owned homes and properties account for 0.06% of properties in Cape Charles, VA. There is 1 zips within Cape Charles, VA; 23310 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions23310 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Cape Charles, VA. Auction homes and other auction properties account for 0.03% of all properties in Cape Charles, VA. There is 1 zips within Cape Charles, VA; of that zips, the median estimated home value for homes going to auction ranges from $106,037 in 23310 to the lowest value of $106,037 in 23310.
Compare Nearby Cities
More Real Estate Resources for Cape Charles, VA
Guide for Cape Charles, VA
Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.
A glance at the real estate market in Norfolk, Virginia, highlighting rising property values, increasing desirability, and trends in nearby cities.
The Chesapeake real estate market has seen steady growth in property values, increasing by 7% over 11 months.
The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.