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Chesapeake Market Report

$528,229

AVERAGE PRICE OF 1,299 HOMES

$311,836

AVERAGE PRICE OF 29 DISTRESSED HOMES

$1,622,415

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$671,302

AVERAGE PRICE OF 352 NEWLY BUILT HOMES

$701,997

AVERAGE PRICE OF 97 HOMES WITH A POOL

$534,560

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $528,229
Avg Bedrooms 3.54 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $157,450
2 bedrooms $264,172
3 bedrooms $391,811
4 bedrooms $558,879
5 bedrooms $708,592
Chesapeake Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,259 1,201 1,138 1,014 979
Average Price $527,640 $520,735 $515,093 $513,317 $507,966
Avg Price Change +1.33% +1.10% +0.35% +1.05% -0.24%
Median Price $500,331 $490,265 $478,316 $473,159 $465,021
Med Price Change +2.05% +2.50% +1.09% +1.75% +0.27%
Avg Bedrooms 3.52 beds 3.48 beds 3.43 beds 3.37 beds 3.36 beds
Avg Bathrooms 2.24 baths 2.23 baths 2.21 baths 2.18 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hickory 241 $711,209 123 days
Total Homes Average Price Avg Days on Site
All Homes 1,299 $528,229 91 days
Distressed Homes 29 $311,836 81 days
Multi-Million Dollar Homes 33 $1,622,415 429 days
Newly Built Homes 352 $671,302 113 days
Homes with a Pool 97 $701,997 33 days
Reduced Price Homes 57 $534,560 45 days
Pilot Realty | Keller Williams Town Center
1 Columbus Ctr #700
Virginia Beach, VA 23462
757-781-1600
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2025 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. © 2025 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: July 19, 2025. This application does not include information on all of the properties available for sale at this time.
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