The Point Elizabeth housing market is very competitive. The median sale price of a home in Point Elizabeth was $750K last month, up 104.1% since last year.
What is the housing market like in Point Elizabeth today?
In January 2024, Point Elizabeth home prices were up 104.1% compared to last year, selling for a median price of $750K.
$495K
Sale Price
$215
Sale $/Sq. Ft.
Under List Price
0.6%
Days on Market
23.5
Down Payment
—
Total Homes Sold
4
To compare other locations to the Point Elizabeth and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chesapeake add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Point Elizabeth housing market?
Point Elizabeth is very competitive. Homes sell in 23.5 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for around list price and go pending in around 16 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Point Elizabeth housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Point Elizabeth.
Risk Factor
Flood Factor - Severe
95% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Point Elizabeth has a severe risk of flooding. 151 properties in Point Elizabeth are likely to be
severely affected
by flooding over the next 30 years. This represents 95% of all properties in Point Elizabeth. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Point Elizabeth has a minor risk of wildfire. There are 2 properties in Point Elizabeth that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Point Elizabeth.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Point Elizabeth has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Point Elizabeth is most at risk from hurricanes. 443 properties in Point Elizabeth have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 133 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 150 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Point Elizabeth has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Point Elizabeth have an Extreme Heat Factor®.
Point Elizabeth is expected to see a 128% increase in the number of days over 106ºF over the next 30 years. Point Elizabeth is expected to experience 7