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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

$523,606

AVERAGE PRICE OF 1,283 HOMES

$293,958

AVERAGE PRICE OF 28 DISTRESSED HOMES

$1,545,047

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$666,797

AVERAGE PRICE OF 312 NEWLY BUILT HOMES

$704,356

AVERAGE PRICE OF 102 HOMES WITH A POOL

$526,310

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $523,606
Avg Bedrooms 3.53 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $552,500
2 bedrooms $275,050
3 bedrooms $401,586
4 bedrooms $574,144
5 bedrooms $697,997
Chesapeake Home Price Trends
  7/2026 6/2026 5/2026 4/2026 3/2026
Total Listings 1,217 n/a n/a 1,124 1,017
Average Price $547,298 n/a n/a $541,272 $530,648
Avg Price Change n/a n/a n/a +2.00% -0.77%
Median Price $499,217 n/a n/a $498,264 $489,547
Med Price Change n/a n/a n/a +1.78% -2.98%
Avg Bedrooms 3.53 beds n/a n/a 3.5 beds 3.4 beds
Avg Bathrooms 2.26 baths n/a n/a 2.27 baths 2.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 195 $642,177 134 days
Hickory 208 $719,420 84 days
Indian River 214 $435,111 59 days
Oscar Smith 211 $371,216 43 days
Western Branch 222 $460,932 60 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,283 $523,606 71 days
Distressed Homes 28 $293,958 80 days
Multi-Million Dollar Homes 38 $1,545,047 336 days
Newly Built Homes 312 $666,797 86 days
Homes with a Pool 102 $704,356 38 days
Reduced Price Homes 60 $526,310 40 days
Pilot Realty | Keller Williams Town Center
1 Columbus Ctr #700
Virginia Beach, VA 23462
757-781-1600
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2026 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2026 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: August 14, 2026. This application does not include information on all of the properties available for sale at this time.
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