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  • Chesapeake

    Why you'd want to live in Chesapeake

    Chesapeake is a diverse city in which a few urban areas are located; it also has many square miles of protected farmland, forests, and wetlands, including a substantial portion of the Great Dismal Swamp National Wildlife Refuge. Extending from the rural border with North Carolina to the harbor area of Hampton Roads adjacent to the cities of Norfolk, Portsmouth, Suffolk, and Virginia Beach, Chesapeake is located on the Atlantic Intracoastal Waterway. It has miles of waterfront industrial, commercial and residential property.

    Chesapeake Market Report

    $357,536

    AVERAGE PRICE OF 2,229 HOMES

    $200,909

    AVERAGE PRICE OF 110 DISTRESSED HOMES

    $2,027,979

    AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

    $401,672

    AVERAGE PRICE OF 688 NEWLY BUILT HOMES

    $477,784

    AVERAGE PRICE OF 167 HOMES WITH A POOL

    $328,880

    AVERAGE PRICE OF 71 REDUCED PRICE HOMES

    Average Home

    Average Price $357,536
    Avg Bedrooms 3.52 beds
    Avg Bathrooms 2.18 baths

    Average Price by Bedrooms

    1 bedroom $108,333
    2 bedrooms $167,988
    3 bedrooms $253,288
    4 bedrooms $368,528
    5 bedrooms $465,088
    Chesapeake Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 2,068 1,911 1,829 1,778 1,882
    Average Price $355,343 $350,425 $346,307 $345,567 $341,497
    Avg Price Change +1.40% +1.19% +0.21% +1.19% +0.37%
    Median Price $337,184 $331,741 $325,568 $324,820 $315,949
    Med Price Change +1.64% +1.90% +0.23% +2.81% -0.26%
    Avg Bedrooms 3.5 beds 3.46 beds 3.43 beds 3.44 beds 3.43 beds
    Avg Bathrooms 2.17 baths 2.15 baths 2.14 baths 2.13 baths 2.12 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 430 $391,054 104 days
    Hickory 282 $489,952 89 days
    Indian River 283 $286,897 58 days
    Oscar Smith 370 $289,139 96 days
    Western Branch 336 $330,965 82 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,229 $357,536 87 days
    Distressed Homes 110 $200,909 114 days
    Multi-Million Dollar Homes 24 $2,027,979 234 days
    Newly Built Homes 688 $401,672 104 days
    Homes with a Pool 167 $477,784 63 days
    Reduced Price Homes 71 $328,880 55 days

    School Data

    Highly Rated Chesapeake Schools

    9

    BUTTS ROAD INTERMEDIATE SCHOOL
    Elementary School
    Public

    9

    CEDAR ROAD ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    CENTERVILLE ELEMENTARY
    Elementary School
    Public

    8

    EDWIN W. CHITTUM ELEMENTARY SCHOOL
    Elementary School
    Public

    10

    GEORGE W. CARVER ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    GRASSFIELD ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    GREAT BRIDGE INTERMEDIATE SCHOOL
    Elementary School
    Public

    8

    HICKORY ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    SOUTHEASTERN ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    THOROUGHGOOD ELEMENTARY SCHOOL
    Elementary School
    Public

    9

    GREAT BRIDGE MIDDLE SCHOOL
    Middle School
    Public

    9

    HICKORY MIDDLE SCHOOL
    Middle School
    Public

    9

    DEEP RUN HIGH SCHOOL
    High School
    Public

    9

    GRASSFIELD HIGH SCHOOL
    High School
    Public

    8

    GREAT BRIDGE HIGH SCHOOL
    High School
    Public

    9

    HICKORY HIGH SCHOOL
    High School
    Public

    8

    WESTERN BRANCH HIGH SCHOOL
    High School
    Public