There are currently 23 real estate properties in Cheriton, VA, with a median automated valuation model (AVM) price of $142,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cheriton, VA, 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 Cheriton, VA, is $205,022.00, with the most expensive house in Cheriton, VA, topping out at $638,100.00 and the cheapest home in Cheriton, VA, clocking in at $63,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Cheriton, VA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cheriton, VA, is on a rollercoaster ride. The average rent price in Cheriton, VA, is $1,172.00. Indeed, when looking to rent in Cheriton, VA, you can expect to pay as little as $670.00 or as much as $2,110.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Cheriton, VA -- 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cheriton, VA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cheriton, VA and much more. Save thousands at closing with home foreclosure listings in Cheriton, VA — up to 75% off market value!
Cheriton is located in Northampton, Virginia, with an estimated municipal population of 448 residents. All of the best foreclosed homes for sale in Cheriton are located in the following zip code areas on Foreclosure.com: 23310 23316. The estimated population per square kilometer (.62 miles) in Cheriton is 158.
So, about how much do homes cost in Cheriton? The most recent median value of resident-owned homes in Cheriton is 161,146. An estimated 65.2 percent of households in Cheriton own their homes, with an average family size of 2.74. The median household income in Cheriton is 31,250, with8.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cheriton, the median commute time of resident workers (in minutes) is 15.4. And last, but certainly not least, are you looking for homes to rent in Cheriton? If so, the average rent price paid by renters in Cheriton is 827, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cheriton, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Cheriton is 55.5, split between 41.4 percent male versus 58.6 female. The percentage of residents who report being married in Cheriton is 40, with an average family size of 2.74.
The percentage of residents who report their race in Cheriton is as follows:
|Black / African American||32.8%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Cheriton? Or maybe you are searching for 55+ active adult communities in and/or near Cheriton?
The percentage of residents who report their age in Cheriton is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cheriton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cheriton.
How do you know that living in -- or moving to -- Cheriton is right where you need to be? Perhaps you grew up in Cheriton or already live nearby; therefore, the decision to buy a home in Cheriton is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cheriton for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cheriton:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cheriton.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cheriton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cheriton, meanwhile, can field multiple offers from more qualified buyers.