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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

    $529,854

    AVERAGE PRICE OF 1,210 HOMES

    $290,054

    AVERAGE PRICE OF 41 DISTRESSED HOMES

    $1,587,548

    AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

    $677,325

    AVERAGE PRICE OF 372 NEWLY BUILT HOMES

    $704,417

    AVERAGE PRICE OF 73 HOMES WITH A POOL

    $481,373

    AVERAGE PRICE OF 34 REDUCED PRICE HOMES

    Average Home

    Average Price $529,854
    Avg Bedrooms 3.51 beds
    Avg Bathrooms 2.25 baths

    Average Price by Bedrooms

    1 bedroom $190,308
    2 bedrooms $262,807
    3 bedrooms $397,963
    4 bedrooms $572,964
    5 bedrooms $705,215
    Chesapeake Home Price Trends
      10/2025 9/2025 8/2025 7/2025 6/2025
    Total Listings 1,219 1,266 1,253 1,275 1,259
    Average Price $532,124 $535,814 $534,585 $530,504 $527,640
    Avg Price Change -0.69% +0.23% +0.77% +0.54% +1.33%
    Median Price $500,758 $507,870 $508,859 $502,026 $500,331
    Med Price Change -1.42% -0.19% +1.36% +0.34% +2.05%
    Avg Bedrooms 3.52 beds 3.53 beds 3.56 beds 3.54 beds 3.52 beds
    Avg Bathrooms 2.27 baths 2.27 baths 2.29 baths 2.26 baths 2.24 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Hickory 245 $736,552 145 days
    Total Homes Average Price Avg Days on Site
    All Homes 1,210 $529,854 106 days
    Distressed Homes 41 $290,054 88 days
    Multi-Million Dollar Homes 39 $1,587,548 408 days
    Newly Built Homes 372 $677,325 134 days
    Homes with a Pool 73 $704,417 45 days
    Reduced Price Homes 34 $481,373 45 days