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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

$518,752

AVERAGE PRICE OF 1,105 HOMES

$357,857

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,827,754

AVERAGE PRICE OF 40 MULTI-MILLION DOLLAR HOMES

$594,559

AVERAGE PRICE OF 339 NEWLY BUILT HOMES

$769,260

AVERAGE PRICE OF 80 HOMES WITH A POOL

$492,305

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $518,752
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $207,749
2 bedrooms $248,929
3 bedrooms $353,282
4 bedrooms $557,574
5 bedrooms $700,473
Chesapeake Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,061 994 930 895 872
Average Price $513,397 $512,600 $510,312 $506,263 $504,202
Avg Price Change +0.16% +0.45% +0.80% +0.41% +2.14%
Median Price $471,203 $469,388 $454,541 $438,751 $428,741
Med Price Change +0.39% +3.27% +3.60% +2.33% +0.74%
Avg Bedrooms 3.36 beds 3.36 beds 3.34 beds 3.32 beds 3.32 beds
Avg Bathrooms 2.14 baths 2.13 baths 2.12 baths 2.12 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oscar Smith 252 $439,669 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,105 $518,752 97 days
Distressed Homes 7 $357,857 63 days
Multi-Million Dollar Homes 40 $1,827,754 313 days
Newly Built Homes 339 $594,559 99 days
Homes with a Pool 80 $769,260 39 days
Reduced Price Homes 48 $492,305 36 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600


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