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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

    $523,185

    AVERAGE PRICE OF 974 HOMES

    $293,114

    AVERAGE PRICE OF 34 DISTRESSED HOMES

    $1,640,473

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $671,460

    AVERAGE PRICE OF 308 NEWLY BUILT HOMES

    $705,435

    AVERAGE PRICE OF 53 HOMES WITH A POOL

    $528,215

    AVERAGE PRICE OF 29 REDUCED PRICE HOMES

    Average Home

    Average Price $523,185
    Avg Bedrooms 3.49 beds
    Avg Bathrooms 2.22 baths

    Average Price by Bedrooms

    1 bedroom $207,000
    2 bedrooms $279,686
    3 bedrooms $398,227
    4 bedrooms $564,991
    5 bedrooms $681,618
    Chesapeake Home Price Trends
      12/2025 11/2025 10/2025 9/2025 8/2025
    Total Listings 1,078 1,207 1,219 1,266 1,253
    Average Price $529,741 $528,964 $532,124 $535,814 $534,585
    Avg Price Change +0.15% -0.60% -0.69% +0.23% +0.77%
    Median Price $499,761 $500,974 $500,758 $507,870 $508,859
    Med Price Change -0.24% +0.04% -1.42% -0.19% +1.36%
    Avg Bedrooms 3.5 beds 3.53 beds 3.52 beds 3.53 beds 3.56 beds
    Avg Bathrooms 2.24 baths 2.26 baths 2.27 baths 2.27 baths 2.29 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Hickory 184 $715,270 142 days
    Total Homes Average Price Avg Days on Site
    All Homes 974 $523,185 113 days
    Distressed Homes 34 $293,114 120 days
    Multi-Million Dollar Homes 27 $1,640,473 542 days
    Newly Built Homes 308 $671,460 127 days
    Homes with a Pool 53 $705,435 58 days
    Reduced Price Homes 29 $528,215 48 days