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Chesapeake

Why you'd want to live in Chesapeake

In Chesapeake you can enjoy the great outdoors starting with 22 miles of salt and freshwater waterways, camping and many other activities. Chesapeake has something for everyone from the city goers to the country folk! via Seven City Homes

Chesapeake Market Report

$472,508

AVERAGE PRICE OF 1,000 HOMES

$253,120

AVERAGE PRICE OF 27 DISTRESSED HOMES

$1,969,566

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$553,496

AVERAGE PRICE OF 363 NEWLY BUILT HOMES

$560,367

AVERAGE PRICE OF 46 HOMES WITH A POOL

$505,041

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $472,508
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $150,912
2 bedrooms $213,002
3 bedrooms $345,203
4 bedrooms $508,653
5 bedrooms $652,240
Chesapeake Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 973 1,051 1,126 1,170 1,240
Average Price $479,026 $476,103 $477,741 $475,776 $473,317
Avg Price Change +0.61% -0.34% +0.41% +0.52% +1.41%
Median Price $406,193 $403,672 $409,128 $406,635 $410,325
Med Price Change +0.62% -1.35% +0.61% -0.91% +0.04%
Avg Bedrooms 3.26 beds 3.27 beds 3.28 beds 3.29 beds 3.32 beds
Avg Bathrooms 2.06 baths 2.05 baths 2.05 baths 2.06 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 215 $496,190 152 days
Hickory 138 $682,040 141 days
Indian River 123 $396,445 98 days
Oscar Smith 186 $369,938 71 days
Western Branch 154 $434,687 115 days
Total Homes Average Price Avg Days on Site
All Homes 1,000 $472,508 117 days
Distressed Homes 27 $253,120 64 days
Multi-Million Dollar Homes 28 $1,969,566 303 days
Newly Built Homes 363 $553,496 121 days
Homes with a Pool 46 $560,367 48 days
Reduced Price Homes 25 $505,041 65 days