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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

    $517,535

    AVERAGE PRICE OF 1,184 HOMES

    $299,304

    AVERAGE PRICE OF 24 DISTRESSED HOMES

    $1,725,575

    AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

    $651,784

    AVERAGE PRICE OF 337 NEWLY BUILT HOMES

    $701,191

    AVERAGE PRICE OF 81 HOMES WITH A POOL

    $576,929

    AVERAGE PRICE OF 41 REDUCED PRICE HOMES

    Average Home

    Average Price $517,535
    Avg Bedrooms 3.47 beds
    Avg Bathrooms 2.23 baths

    Average Price by Bedrooms

    1 bedroom $149,900
    2 bedrooms $269,504
    3 bedrooms $378,018
    4 bedrooms $567,337
    5 bedrooms $696,306
    Chesapeake Home Price Trends
      3/2025 2/2025 1/2025 12/2024 11/2024
    Total Listings 1,014 979 891 928 1,003
    Average Price $513,317 $507,966 $509,171 $509,187 $514,014
    Avg Price Change +1.05% -0.24% 0.00% -0.95% -0.08%
    Median Price $473,159 $465,021 $463,772 $465,541 $474,105
    Med Price Change +1.75% +0.27% -0.38% -1.84% +0.91%
    Avg Bedrooms 3.37 beds 3.36 beds 3.39 beds 3.35 beds 3.37 beds
    Avg Bathrooms 2.18 baths 2.17 baths 2.18 baths 2.15 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Western Branch 222 $451,002 80 days
    Total Homes Average Price Avg Days on Site
    All Homes 1,184 $517,535 99 days
    Distressed Homes 24 $299,304 80 days
    Multi-Million Dollar Homes 30 $1,725,575 439 days
    Newly Built Homes 337 $651,784 130 days
    Homes with a Pool 81 $701,191 37 days
    Reduced Price Homes 41 $576,929 52 days
    ©2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

    ©2025 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copyright or alteration of. or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

    REIN update its listing on a daily basis. data last updated: April 28, 2025

    Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

    Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Property Description, Property Photos. The source of these enhancements are: Google, Zillow, Trulia, etc.

    This website does not include information on all the properties available for sale at this time.

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