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Chesapeake City, MD

Full City Profile · Maryland · Cecil County County

3.1 /5.0
B Good
778 Population 1,468/sq mi density
$67,109 Median Income $49,716 per capita
$335,200 Home Value $401,403 Zillow
$1,005 Median Rent 33.7% income on rent
56°F Avg Temperature 293 sunny days/yr
1,452 Violent Crime/100K 7,356 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$67,109 median income, 2.7% unemployment
B+
Affordability
3.9 / 5.0
$335,200 home value, $1,005/mo rent
F
Safety
1.0 / 5.0
1,452 violent crimes/100K (282% above avg)
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)
$401,403
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
76%
24%
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 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)$401,403
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 Market50
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold4
Active Inventory5
Price Per Sq Ft$190

Ownership & Stock

Owner-Occupied75.8%
Renter-Occupied24.2%
Homeownership Rate75.8%
Total Housing Units470
Median Year Built1951
Rent Burden33.7%