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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

$507,030

AVERAGE PRICE OF 991 HOMES

$283,580

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,720,605

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$645,366

AVERAGE PRICE OF 338 NEWLY BUILT HOMES

$722,889

AVERAGE PRICE OF 46 HOMES WITH A POOL

$399,926

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $507,030
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $149,900
2 bedrooms $281,155
3 bedrooms $364,575
4 bedrooms $561,848
5 bedrooms $686,583
Chesapeake Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 891 928 1,003 1,040 1,080
Average Price $509,171 $509,187 $514,014 $514,402 $510,760
Avg Price Change 0.00% -0.95% -0.08% +0.71% -1.26%
Median Price $463,772 $465,541 $474,105 $469,850 $467,179
Med Price Change -0.38% -1.84% +0.91% +0.57% -1.69%
Avg Bedrooms 3.39 beds 3.35 beds 3.37 beds 3.41 beds 3.41 beds
Avg Bathrooms 2.18 baths 2.15 baths 2.15 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Western Branch 190 $423,818 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 991 $507,030 111 days
Distressed Homes 21 $283,580 70 days
Multi-Million Dollar Homes 27 $1,720,605 475 days
Newly Built Homes 338 $645,366 112 days
Homes with a Pool 46 $722,889 65 days
Reduced Price Homes 30 $399,926 52 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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