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Cape Charles, VA Real Estate


According to census data in the year 2000 there were 736 housing units in Cape Charles. This represents a 6.8% growth from 689 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 736 were located in what is classified as a rural area.

Homeownership rate in Cape Charles is about 47.4%. Cape Charles's vacancy rate, including seasonal lodging, is about 27.4%. Average household size is 2.11 people.

The majority of houses, apartments or condos in Cape Charles were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom17.10%
Two Bedrooms25.70%
Three Bedrooms38.70%
Four Bedrooms14.30%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1939
Median Value of occupied units$97,000
Median Price asked for vacant units$82,500

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1970
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan8.40%
Simple Mortgage31.10%
Debt Free58.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%