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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

    $352,557

    AVERAGE PRICE OF 1,966 HOMES

    $210,595

    AVERAGE PRICE OF 115 DISTRESSED HOMES

    $2,029,897

    AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

    $400,270

    AVERAGE PRICE OF 651 NEWLY BUILT HOMES

    $458,861

    AVERAGE PRICE OF 124 HOMES WITH A POOL

    $290,811

    AVERAGE PRICE OF 34 REDUCED PRICE HOMES

    Average Home

    Average Price $352,557
    Avg Bedrooms 3.47 beds
    Avg Bathrooms 2.15 baths

    Average Price by Bedrooms

    1 bedroom $110,750
    2 bedrooms $163,443
    3 bedrooms $257,692
    4 bedrooms $366,715
    5 bedrooms $457,265
    Chesapeake Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 1,829 1,778 1,882 2,068 2,127
    Average Price $346,307 $345,567 $341,497 $340,237 $339,030
    Avg Price Change +0.21% +1.19% +0.37% +0.36% -0.54%
    Median Price $325,568 $324,820 $315,949 $316,780 $316,375
    Med Price Change +0.23% +2.81% -0.26% +0.13% -1.80%
    Avg Bedrooms 3.43 beds 3.44 beds 3.43 beds 3.46 beds 3.49 beds
    Avg Bathrooms 2.14 baths 2.13 baths 2.12 baths 2.14 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Deep Creek 254 $310,794 81 days
    Grassfield 398 $382,051 110 days
    Indian River 270 $283,090 66 days
    Oscar Smith 331 $291,143 108 days
    Western Branch 285 $327,327 94 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,966 $352,557 96 days
    Distressed Homes 115 $210,595 114 days
    Multi-Million Dollar Homes 20 $2,029,897 216 days
    Newly Built Homes 651 $400,270 109 days
    Homes with a Pool 124 $458,861 94 days
    Reduced Price Homes 34 $290,811 64 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

    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

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