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Why Live in Cape Charles
Cape Charles, VA, located on the Eastern Shore near the Chesapeake Bay and the Atlantic Ocean, is a popular summer retreat with a rich history as a former railroad town. The community is known for its Virginia beachfront, historic charm, and small businesses that keep its 1,000 permanent residents engaged year-round. The downtown Historic District features Victorian, Colonial Revival, Neoclassical, and Craftsman-style homes from the 1880s to the 1920s, while newly built New Traditional homes are found a few miles outside the town center. Cape Charles offers a variety of attractions, including the Cape Charles Natural Area Preserve, Central Park, and the Historic Palace Theatre. Dining options include The Shanty and The Oyster Farm Seafood Eatery, both known for their fresh seafood, and the Cape Charles Brewing Company, which serves locally produced beer. The town's beaches and parks are less congested than other resort areas, providing a more relaxed atmosphere. However, Cape Charles does face major flood and severe windstorm risks. The town is within a 50-mile drive to Norfolk and Virginia Beach, making it accessible for commuters.
Home Prices in Cape Charles, VA
The median home sale price in Cape Charles, VA is $634,750, up 20% year-over-year. Homes in Cape Charles sell in 178 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$634,750
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Median Single Family Sale Price
$745,000
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Median Townhouse Sale Price
$499,950
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Median 2 Bedroom Sale Price
$445,000
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Median 1 Bedroom Sale Price
$333,850
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Average Price Per Sq Ft
$349
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Number of Homes for Sale
107
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Last 12 months Home Sales
166
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Months of Supply
7.70
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Median List Price
$679,900
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
20%
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