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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

$484,639

AVERAGE PRICE OF 904 HOMES

$271,710

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,837,745

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$575,295

AVERAGE PRICE OF 278 NEWLY BUILT HOMES

$632,994

AVERAGE PRICE OF 51 HOMES WITH A POOL

$473,844

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price $484,639
Avg Bedrooms 3.32 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $142,020
2 bedrooms $256,241
3 bedrooms $347,612
4 bedrooms $509,853
5 bedrooms $659,523
Chesapeake Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 959 975 1,038 1,022 990
Average Price $469,587 $478,778 $482,547 $486,132 $482,465
Avg Price Change -1.96% -0.79% -0.74% +0.76% +1.57%
Median Price $425,099 $425,398 $425,399 $423,945 $419,789
Med Price Change -0.07% 0.00% +0.34% +0.99% +2.31%
Avg Bedrooms 3.31 beds 3.3 beds 3.33 beds 3.33 beds 3.3 beds
Avg Bathrooms 2.09 baths 2.08 baths 2.07 baths 2.09 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 124 $581,124 182 days
Hickory 152 $697,283 134 days
Indian River 109 $373,345 63 days
Oscar Smith 217 $368,433 67 days
Western Branch 131 $448,821 151 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 904 $484,639 117 days
Distressed Homes 20 $271,710 88 days
Multi-Million Dollar Homes 27 $1,837,745 337 days
Newly Built Homes 278 $575,295 114 days
Homes with a Pool 51 $632,994 34 days
Reduced Price Homes 35 $473,844 56 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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