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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

$491,263

AVERAGE PRICE OF 865 HOMES

$290,499

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,862,648

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$595,453

AVERAGE PRICE OF 266 NEWLY BUILT HOMES

$638,937

AVERAGE PRICE OF 40 HOMES WITH A POOL

$464,242

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $491,263
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $145,000
2 bedrooms $255,527
3 bedrooms $340,835
4 bedrooms $523,745
5 bedrooms $666,612
Chesapeake Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 903 911 959 975 1,038
Average Price $481,028 $482,521 $469,587 $478,778 $482,547
Avg Price Change -0.31% +2.75% -1.96% -0.79% -0.74%
Median Price $414,832 $427,579 $425,099 $425,398 $425,399
Med Price Change -3.07% +0.58% -0.07% 0.00% +0.34%
Avg Bedrooms 3.31 beds 3.31 beds 3.31 beds 3.3 beds 3.33 beds
Avg Bathrooms 2.09 baths 2.11 baths 2.09 baths 2.08 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 110 $619,970 219 days
Hickory 130 $726,988 151 days
Indian River 112 $377,929 63 days
Oscar Smith 199 $372,800 81 days
Western Branch 141 $448,644 150 days
Total Homes Average Price Avg Days on Site
All Homes 865 $491,263 129 days
Distressed Homes 17 $290,499 60 days
Multi-Million Dollar Homes 27 $1,862,648 375 days
Newly Built Homes 266 $595,453 124 days
Homes with a Pool 40 $638,937 42 days
Reduced Price Homes 22 $464,242 57 days
Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.

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