If you need assistance, please call 757-447-2877

  • 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

    $506,142

    AVERAGE PRICE OF 969 HOMES

    $280,723

    AVERAGE PRICE OF 17 DISTRESSED HOMES

    $1,720,605

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $644,389

    AVERAGE PRICE OF 333 NEWLY BUILT HOMES

    $731,838

    AVERAGE PRICE OF 45 HOMES WITH A POOL

    $497,520

    AVERAGE PRICE OF 24 REDUCED PRICE HOMES

    Average Home

    Average Price $506,142
    Avg Bedrooms 3.36 beds
    Avg Bathrooms 2.17 baths

    Average Price by Bedrooms

    1 bedroom $157,450
    2 bedrooms $283,291
    3 bedrooms $358,618
    4 bedrooms $564,015
    5 bedrooms $690,918
    Chesapeake Home Price Trends
      1/2025 12/2024 11/2024 10/2024 9/2024
    Total Listings 891 928 1,003 1,040 1,080
    Average Price $509,171 $509,187 $514,014 $514,402 $510,760
    Avg Price Change 0.00% -0.95% -0.08% +0.71% -1.26%
    Median Price $463,772 $465,541 $474,105 $469,850 $467,179
    Med Price Change -0.38% -1.84% +0.91% +0.57% -1.69%
    Avg Bedrooms 3.39 beds 3.35 beds 3.37 beds 3.41 beds 3.41 beds
    Avg Bathrooms 2.18 baths 2.15 baths 2.15 baths 2.16 baths 2.16 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Western Branch 181 $420,240 102 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 969 $506,142 112 days
    Distressed Homes 17 $280,723 74 days
    Multi-Million Dollar Homes 27 $1,720,605 464 days
    Newly Built Homes 333 $644,389 108 days
    Homes with a Pool 45 $731,838 60 days
    Reduced Price Homes 24 $497,520 50 days