Chesapeake City, MD Home Values & Market Trends
Real estate market trends reflect that there have been 52 transactions over the past year in Chesapeake City. The median value for residential home transactions that occurred over the previous year is $375,267.66. The number of current listings in Chesapeake City is 5, and the percentage of properties for sale in the city is 5.00%. Chesapeake City, MD currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Chesapeake City, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 21915 | $ 353,115 $ 230/sqft |
Housing Market Summary for Chesapeake City, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $862.5K | $381.8K | -55.74% |
| Median Sold Price | $355.3K | $381.8K | 7.46% |
| Homes For Sale | 4 | 5 | 25.00% |
| Homes Sold | 25 | 37 | 48.00% |
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 Chesapeake City, MD
Browse Homes in Chesapeake City, MD
Chesapeake City home values range from $36,706 to $2,725,544. The median estimated value of a home in Chesapeake City is $375,267.66. The median list price of a home is 410,000, and the total count of properties in the city is 1,282.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Chesapeake City, MD with 21915 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Chesapeake City, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $342,308 in 21915 to the lowest home value of $342,308 in 21915.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Chesapeake City, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Chesapeake City, MD. There is 1 zips within Chesapeake City, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Chesapeake City, MD. Auction homes and other auction properties account for 0% of all properties in Chesapeake City, MD. There is 1 zips within Chesapeake City, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Chesapeake City, MD
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