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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

    $526,882

    AVERAGE PRICE OF 1,249 HOMES

    $291,364

    AVERAGE PRICE OF 27 DISTRESSED HOMES

    $1,557,172

    AVERAGE PRICE OF 44 MULTI-MILLION DOLLAR HOMES

    $673,862

    AVERAGE PRICE OF 297 NEWLY BUILT HOMES

    $758,216

    AVERAGE PRICE OF 103 HOMES WITH A POOL

    $494,076

    AVERAGE PRICE OF 72 REDUCED PRICE HOMES

    Average Home

    Average Price $526,882
    Avg Bedrooms 3.54 beds
    Avg Bathrooms 2.23 baths

    Average Price by Bedrooms

    1 bedroom $438,300
    2 bedrooms $275,037
    3 bedrooms $398,923
    4 bedrooms $575,095
    5 bedrooms $707,796
    Chesapeake Home Price Trends
      7/2026 6/2026 5/2026 4/2026 3/2026
    Total Listings n/a n/a n/a 1,124 1,017
    Average Price n/a n/a n/a $541,272 $530,648
    Avg Price Change n/a n/a n/a +2.00% -0.77%
    Median Price n/a n/a n/a $498,264 $489,547
    Med Price Change n/a n/a n/a +1.78% -2.98%
    Avg Bedrooms n/a n/a n/a 3.5 beds 3.4 beds
    Avg Bathrooms n/a n/a n/a 2.27 baths 2.21 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 191 $637,026 133 days
    Hickory 213 $741,614 85 days
    Indian River 215 $446,832 61 days
    Oscar Smith 200 $366,655 42 days
    Western Branch 214 $450,189 64 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,249 $526,882 72 days
    Distressed Homes 27 $291,364 83 days
    Multi-Million Dollar Homes 44 $1,557,172 302 days
    Newly Built Homes 297 $673,862 90 days
    Homes with a Pool 103 $758,216 40 days
    Reduced Price Homes 72 $494,076 43 days