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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

    $533,945

    AVERAGE PRICE OF 1,074 HOMES

    $276,257

    AVERAGE PRICE OF 32 DISTRESSED HOMES

    $1,665,639

    AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

    $685,492

    AVERAGE PRICE OF 295 NEWLY BUILT HOMES

    $786,473

    AVERAGE PRICE OF 71 HOMES WITH A POOL

    $511,340

    AVERAGE PRICE OF 32 REDUCED PRICE HOMES

    Average Home

    Average Price $533,945
    Avg Bedrooms 3.45 beds
    Avg Bathrooms 2.23 baths

    Average Price by Bedrooms

    1 bedroom $199,250
    2 bedrooms $285,769
    3 bedrooms $385,744
    4 bedrooms $573,643
    5 bedrooms $743,844
    Chesapeake Home Price Trends
      3/2026 2/2026 1/2026 12/2025 11/2025
    Total Listings 1,017 1,001 973 1,078 1,207
    Average Price $530,648 $534,756 $524,552 $529,741 $528,964
    Avg Price Change -0.77% +1.95% -0.99% +0.15% -0.60%
    Median Price $489,547 $504,148 $500,141 $499,761 $500,974
    Med Price Change -2.98% +0.80% +0.08% -0.24% +0.04%
    Avg Bedrooms 3.4 beds 3.47 beds 3.48 beds 3.5 beds 3.53 beds
    Avg Bathrooms 2.21 baths 2.24 baths 2.23 baths 2.24 baths 2.26 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Hickory 198 $700,339 93 days
    Total Homes Average Price Avg Days on Site
    All Homes 1,074 $533,945 88 days
    Distressed Homes 32 $276,257 118 days
    Multi-Million Dollar Homes 39 $1,665,639 338 days
    Newly Built Homes 295 $685,492 98 days
    Homes with a Pool 71 $786,473 37 days
    Reduced Price Homes 32 $511,340 34 days