Cape Charles Housing Market Report January 2025Northampton County, Virginia

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Housing Prices in Cape Charles, VA

How much do homes in Cape Charles, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$749,900$311/SqFt
+$32,124
+4.5%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Cape Charles has increased by 4.5% since last year.

Summary: The median home list price in Cape Charles was $749,900 in January 2025, up 4.5% from the previous year, and the median price per square foot was $311.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1-$397K
N/A
2-$155K
N/A
3$645.9K$484.5K
-25.0%
4$891.4K$984.9K
+10.5%
5$1.4M$1.2M
-12.5%

Summary: Cape Charles housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -25.0%. The home price for 4 bedroom homes increased by +10.5%. The home price for 5 bedroom homes decreased by -12.5%.

Housing supply in Cape Charles, VA

How many homes are available in Cape Charles, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
68Last MonthJan 2025
602 months agoDec 2024
+13.3 %
Change MoMDec – Jan

Summary: The Cape Charles real estate market had 68 homes for sale in Jan 2025, a 13.3 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
112
+100.0%
277
0.0%
33132
+3.2%
41621
+31.3%
556
+20.0%

Summary: Cape Charles housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +3.2%. The inventory for 4 bedroom homes increased by +31.3%. The inventory for 5 bedroom homes increased by +20.0%.

Days on Market for Cape Charles, VA

How long does it take to sell a home in Cape Charles, VA?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Cape Charles has remained consistent over time.

Summary: During January 2025, 2 homes were sold in Cape Charles; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
154 DaysThis YearJan 2025
247 Days1 year agoJan 2024
-37.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Cape Charles had an average listing age of 154 days in Jan 2025, down by 37.3% compared to the previous year.

Newest Listings in Cape Charles, VA

What homes are available in Cape Charles, VA?

Nearby markets

Nearby markets aren't available for Cape Charles, VA

MLS Disclaimers and Copyright

Based on information from Eastern Shore Association of Realtors MLS, and Real Estate Information Network for the period 02/01/2023 - 02/01/2025

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Last updated on: 2/5/2025, 1:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.