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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

$505,549

AVERAGE PRICE OF 915 HOMES

$316,245

AVERAGE PRICE OF 22 DISTRESSED HOMES

$1,867,178

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$608,555

AVERAGE PRICE OF 295 NEWLY BUILT HOMES

$659,476

AVERAGE PRICE OF 47 HOMES WITH A POOL

$383,106

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $505,549
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $95,000
2 bedrooms $266,157
3 bedrooms $354,748
4 bedrooms $537,791
5 bedrooms $676,967
Chesapeake Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 895 872 851 900 903
Average Price $506,263 $504,202 $493,642 $486,171 $481,028
Avg Price Change +0.41% +2.14% +1.54% +1.07% -0.31%
Median Price $438,751 $428,741 $425,585 $419,056 $414,832
Med Price Change +2.33% +0.74% +1.56% +1.02% -3.07%
Avg Bedrooms 3.32 beds 3.32 beds 3.33 beds 3.33 beds 3.31 beds
Avg Bathrooms 2.12 baths 2.12 baths 2.13 baths 2.11 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oscar Smith 184 $439,234 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 915 $505,549 109 days
Distressed Homes 22 $316,245 76 days
Multi-Million Dollar Homes 32 $1,867,178 359 days
Newly Built Homes 295 $608,555 99 days
Homes with a Pool 47 $659,476 35 days
Reduced Price Homes 24 $383,106 57 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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