There are currently 4,034 real estate properties in Chesapeake Beach, MD, with a median automated valuation model (AVM) price of $359,100.00. 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 Beach, 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 Beach, MD, is $400,504.00, with the most expensive house in Chesapeake Beach, MD, topping out at $6,514,300.00 and the cheapest home in Chesapeake Beach, MD, clocking in at $117,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Chesapeake Beach, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chesapeake Beach, MD, is on a rollercoaster ride. The average rent price in Chesapeake Beach, MD, is $2,133.00. Indeed, when looking to rent in Chesapeake Beach, MD, you can expect to pay as little as $1,090.00 or as much as $4,230.00, with the average rent median estimated to be $2,100.00. The good news is that finding an affordable and desirable property to rent in Chesapeake Beach, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Chesapeake Beach, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Chesapeake Beach, MD and much more. Save thousands at closing with home foreclosure listings in Chesapeake Beach, MD — up to 75% off market value!
Chesapeake Beach is located in Calvert, Maryland, with an estimated municipal population of 6,030 residents. All of the best foreclosed homes for sale in Chesapeake Beach are located in the following zip code areas on Foreclosure.com: 20732. The estimated population per square kilometer (.62 miles) in Chesapeake Beach is 864.
So, about how much do homes cost in Chesapeake Beach? The most recent median value of resident-owned homes in Chesapeake Beach is 332,257. An estimated 69.2 percent of households in Chesapeake Beach own their homes, with an average family size of 3.28. The median household income in Chesapeake Beach is 104,318, with53.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chesapeake Beach, the median commute time of resident workers (in minutes) is 41.7. And last, but certainly not least, are you looking for homes to rent in Chesapeake Beach? If so, the average rent price paid by renters in Chesapeake Beach is 1,699, 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 Chesapeake Beach, 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 Chesapeake Beach is 37, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Chesapeake Beach is 54.2, with an average family size of 3.28.
The percentage of residents who report their race in Chesapeake Beach is as follows:
|Black / African American||6.8%|
|American Indian / Alaskan Native||0.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Chesapeake Beach? Or maybe you are searching for 55+ active adult communities in and/or near Chesapeake Beach?
The percentage of residents who report their age in Chesapeake Beach 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 Chesapeake Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chesapeake Beach.
How do you know that living in -- or moving to -- Chesapeake Beach is right where you need to be? Perhaps you grew up in Chesapeake Beach or already live nearby; therefore, the decision to buy a home in Chesapeake Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chesapeake Beach 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 Chesapeake Beach:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chesapeake Beach.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chesapeake Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chesapeake Beach, meanwhile, can field multiple offers from more qualified buyers.