Home prices
The median home value in Cheriton is $154,400. In comparison to the surrounding areas this is approximately $29,040 (15%) lower.It is approximately $63,100 (29%) lower compared to the rest of the nation, and in comparison to the city of Virginia Beach is approximately $126,400 (45%) lower.
Rents
In Cheriton the median monthly rent is $827. This is approximately $149 (21%) higher compared to the surrounding areas.It is roughly $235 (22%) lower compared to the country as a whole, and compared to the city of Virginia Beach it is about $540 (39%) lower.
Nearby places
Cape Charles
Cape Charles is roughly 3 miles southwest from Cheriton. Its housing prices are significantly more expensive. The median home in Cape Charles is valued at $345,500, which is $191,100 (55%) higher than Cheriton. Rent there is significantly less expensive. Cape Charles's median monthly rent is $618, which works out to $209 (33%) lower than Cheriton.
Eastville
Eastville is approximately 4 miles north of Cheriton. The housing prices there are a little more expensive. The median home in Eastville is valued at $175,000, which is $20,600 (11%) higher than Cheriton. Its rents are substantially less expensive. Eastville's median monthly rent is $622, which works out to $205 (32%) lower than Cheriton.
Nassawadox
Nassawadox is roughly 13 miles north of Cheriton. Its housing prices are substantially less expensive. The value of the median home in Nassawadox is $111,700, which comes out to $42,700 (38%) lower than Cheriton. The rent there is a bit less expensive. In Nassawadox the median monthly rent is $708, which is $119 (16%) lower than Cheriton.
Exmore
Exmore is roughly 17 miles north of Cheriton. Its real estate prices are a bit less expensive. The median home value in Exmore is $136,600, which comes out to $17,800 (13%) lower than Cheriton. Rents there are a lot less expensive. The median rent in Exmore is $562 per month, which works out to $265 (47%) lower than Cheriton.
Belle Haven
Belle Haven is approximately 19 miles north from Cheriton. Its housing prices are fairly similar. The median home in Belle Haven costs $148,400, which is $6,000 (4%) lower than Cheriton. Rent there is a little more expensive. The median monthly rent in Belle Haven is $881, which works out to $54 (6%) higher than Cheriton.