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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

$510,237

AVERAGE PRICE OF 1,078 HOMES

$288,655

AVERAGE PRICE OF 9 DISTRESSED HOMES

$1,909,535

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$601,542

AVERAGE PRICE OF 311 NEWLY BUILT HOMES

$765,065

AVERAGE PRICE OF 85 HOMES WITH A POOL

$466,002

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $510,237
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $184,900
2 bedrooms $256,665
3 bedrooms $365,359
4 bedrooms $558,800
5 bedrooms $700,945
Chesapeake Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,106 1,108 1,101 1,061 994
Average Price $517,218 $518,997 $515,570 $513,397 $512,600
Avg Price Change -0.34% +0.66% +0.42% +0.16% +0.45%
Median Price $475,086 $475,094 $465,543 $471,203 $469,388
Med Price Change 0.00% +2.05% -1.22% +0.39% +3.27%
Avg Bedrooms 3.42 beds 3.4 beds 3.38 beds 3.36 beds 3.36 beds
Avg Bathrooms 2.19 baths 2.19 baths 2.17 baths 2.14 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oscar Smith 209 $454,443 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,078 $510,237 103 days
Distressed Homes 9 $288,655 59 days
Multi-Million Dollar Homes 30 $1,909,535 360 days
Newly Built Homes 311 $601,542 117 days
Homes with a Pool 85 $765,065 39 days
Reduced Price Homes 43 $466,002 41 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: September 9, 2024

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