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 HOMESAverage 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 |
