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Chesapeake

Why you'd want to live in Chesapeake

Chesapeake, VA is a hub for some of the best attractions, accommodations, and meeting spaces in the Coastal Virginia region. Because of its location and highway network, Chesapeake centrally located in Coastal Virginia. Virginia Beach and Norfolk are less than 30 minutes from Chesapeake, and Williamsburg is less than an hour away. Chesapeake is also home to several stops along the Civil War Trail. The Great Dismal Swamp National Wildlife Refuge is nationally recognized as a stop on the Underground Railroad, and also boasts a thriving outdoor community with thousands of unspoiled acres for kayaking, birding, and fishing. If city life is more your speed, Chesapeake has that too. Enjoy a multitude of shopping opportunities, from antique hunting to mall cruising; or opt for fine dining and the freshest seafood in this foodie paradise. via visitchesapeake.com

Chesapeake Market Report

$526,370

AVERAGE PRICE OF 1,252 HOMES

$285,893

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,648,281

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$664,491

AVERAGE PRICE OF 346 NEWLY BUILT HOMES

$701,769

AVERAGE PRICE OF 85 HOMES WITH A POOL

$522,257

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $526,370
Avg Bedrooms 3.51 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $159,950
2 bedrooms $273,016
3 bedrooms $389,492
4 bedrooms $564,715
5 bedrooms $702,234
Chesapeake Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,201 1,138 1,014 979 891
Average Price $520,735 $515,093 $513,317 $507,966 $509,171
Avg Price Change +1.10% +0.35% +1.05% -0.24% 0.00%
Median Price $490,265 $478,316 $473,159 $465,021 $463,772
Med Price Change +2.50% +1.09% +1.75% +0.27% -0.38%
Avg Bedrooms 3.48 beds 3.43 beds 3.37 beds 3.36 beds 3.39 beds
Avg Bathrooms 2.23 baths 2.21 baths 2.18 baths 2.17 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Western Branch 240 $459,788 81 days
Total Homes Average Price Avg Days on Site
All Homes 1,252 $526,370 94 days
Distressed Homes 24 $285,893 76 days
Multi-Million Dollar Homes 33 $1,648,281 413 days
Newly Built Homes 346 $664,491 119 days
Homes with a Pool 85 $701,769 34 days
Reduced Price Homes 48 $522,257 28 days
Pilot Realty | Keller Williams Town Center
1 Columbus Ctr #700
Virginia Beach, VA 23462
757-781-1600
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