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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

    $340,088

    AVERAGE PRICE OF 2,102 HOMES

    $207,719

    AVERAGE PRICE OF 119 DISTRESSED HOMES

    $1,814,258

    AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

    $396,175

    AVERAGE PRICE OF 683 NEWLY BUILT HOMES

    $427,738

    AVERAGE PRICE OF 199 HOMES WITH A POOL

    $304,686

    AVERAGE PRICE OF 638 REDUCED PRICE HOMES

    Average Home

    Average Price $340,088
    Avg Bedrooms 3.46 beds
    Avg Bathrooms 2.14 baths

    Average Price by Bedrooms

    1 bedroom $121,000
    2 bedrooms $162,574
    3 bedrooms $246,962
    4 bedrooms $356,766
    5 bedrooms $463,114
    Chesapeake Home Price Trends
      10/2018 9/2018 8/2018 7/2018 6/2018
    Total Listings 2,127 2,151 2,228 2,327 2,375
    Average Price $339,030 $340,877 $341,637 $344,700 $345,984
    Avg Price Change -0.54% -0.22% -0.90% -0.37% +0.43%
    Median Price $316,375 $322,055 $326,219 $329,129 $334,766
    Med Price Change -1.80% -1.29% -0.89% -1.71% -0.09%
    Avg Bedrooms 3.49 beds 3.52 beds 3.55 beds 3.56 beds 3.6 beds
    Avg Bathrooms 2.15 baths 2.16 baths 2.19 baths 2.22 baths 2.24 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Deep Creek 266 $288,775 91 days
    Grassfield 389 $382,401 104 days
    Indian River 259 $280,293 65 days
    Oscar Smith 431 $274,538 104 days
    Western Branch 319 $338,933 110 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,102 $340,088 100 days
    Distressed Homes 119 $207,719 117 days
    Multi-Million Dollar Homes 19 $1,814,258 182 days
    Newly Built Homes 683 $396,175 120 days
    Homes with a Pool 199 $427,738 122 days
    Reduced Price Homes 638 $304,686 119 days

    School Data

    Highly Rated Chesapeake Schools

    9

    BUTTS ROAD INTERMEDIATE SCHOOL
    Elementary School
    Public

    9

    CEDAR ROAD ELEMENTARY SCHOOL
    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

    9

    GREENFIELD ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    HICKORY ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    POWHATAN 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

    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

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