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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

$477,364

AVERAGE PRICE OF 1,012 HOMES

$240,035

AVERAGE PRICE OF 38 DISTRESSED HOMES

$1,946,683

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$565,298

AVERAGE PRICE OF 342 NEWLY BUILT HOMES

$579,018

AVERAGE PRICE OF 48 HOMES WITH A POOL

$488,362

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $477,364
Avg Bedrooms 3.28 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $147,787
2 bedrooms $223,861
3 bedrooms $334,382
4 bedrooms $505,357
5 bedrooms $651,023
Chesapeake Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,003 973 1,051 1,126 1,170
Average Price $471,808 $479,026 $476,103 $477,741 $475,776
Avg Price Change -1.53% +0.61% -0.34% +0.41% +0.52%
Median Price $409,654 $406,193 $403,672 $409,128 $406,635
Med Price Change +0.85% +0.62% -1.35% +0.61% -0.91%
Avg Bedrooms 3.27 beds 3.26 beds 3.27 beds 3.28 beds 3.29 beds
Avg Bathrooms 2.07 baths 2.06 baths 2.05 baths 2.05 baths 2.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 189 $519,426 152 days
Hickory 141 $672,589 135 days
Indian River 136 $409,183 90 days
Oscar Smith 186 $372,753 79 days
Western Branch 165 $452,763 118 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,012 $477,364 114 days
Distressed Homes 38 $240,035 66 days
Multi-Million Dollar Homes 32 $1,946,683 274 days
Newly Built Homes 342 $565,298 120 days
Homes with a Pool 48 $579,018 49 days
Reduced Price Homes 8 $488,362 74 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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REIN update its listing on a daily basis. data last updated: March 21, 2023

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