Chesapeake City, MD
Full City Profile · Maryland · Cecil County County
3.8
/5.0
B+
Good
778
Population
1,468/sq mi density
$67,109
Median Income
$49,716 per capita
$335,200
Home Value
$412,283 Zillow
$1,005
Median Rent
33.7% income on rent
56°F
Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$67,109 median income, 4.4% unemployment
B+
Affordability
3.9 / 5.0
$335,200 home value, $1,005/mo rent
B+
Education
3.6 / 5.0
32.8% bachelor's degree or higher
Housing Overview
Median Home Value
$335,200
19% above
US avg: $281,900
Median Rent
$1,005/mo
14% below
US avg: $1,163/mo
Homeownership Rate
75.8%
16% above US avg (65.4%)
Total Housing Units
470
Median year built: 1951
Home Value by Source
Census Median
$335,200
Zillow (ZHVI)
$412,283
Redfin Median Sale
$362,500
Median Sale Price
$362,500
Median List Price
$939,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.8%
Owner-Occupied
24.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$1,005/mo
Market Indicators (Redfin)
Median Sale Price
$362,500
Median Days on Market
50 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$190
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
33.7%
of renters spending 30%+ of income on housing
9% above US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
75.8%
Complete Housing Data
Home Values
| Census Median Value | $335,200 |
| Zillow Home Value (ZHVI) | $412,283 |
| Redfin Median Sale | $362,500 |
| Median Sale Price | $362,500 |
| Median List Price | $939,900 |
| Price Per Sq Ft | $190 |
Rent
| Census Median Rent | $1,005 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 50 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 4 |
| Active Inventory | 5 |
| Price Per Sq Ft | $190 |
Ownership & Stock
| Owner-Occupied | 75.8% |
| Renter-Occupied | 24.2% |
| Homeownership Rate | 75.8% |
| Total Housing Units | 470 |
| Median Year Built | 1951 |
| Rent Burden | 33.7% |