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  • Chesapeake Market Report

    $467,019

    AVERAGE PRICE OF 1,320 HOMES

    $229,866

    AVERAGE PRICE OF 21 DISTRESSED HOMES

    $2,617,884

    AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

    $549,027

    AVERAGE PRICE OF 389 NEWLY BUILT HOMES

    $549,140

    AVERAGE PRICE OF 79 HOMES WITH A POOL

    $437,290

    AVERAGE PRICE OF 48 REDUCED PRICE HOMES

    Average Home

    Average Price $467,019
    Avg Bedrooms 3.33 beds
    Avg Bathrooms 2.11 baths

    Average Price by Bedrooms

    1 bedroom $152,000
    2 bedrooms $222,591
    3 bedrooms $335,691
    4 bedrooms $499,985
    5 bedrooms $603,889
    Chesapeake Home Price Trends
      7/2022 6/2022 5/2022 4/2022 3/2022
    Total Listings 1,334 n/a n/a n/a 1,093
    Average Price $461,341 n/a n/a n/a $446,584
    Avg Price Change n/a n/a n/a n/a +0.68%
    Median Price $410,071 n/a n/a n/a $388,306
    Med Price Change n/a n/a n/a n/a +1.28%
    Avg Bedrooms 3.32 beds n/a n/a n/a 3.26 beds
    Avg Bathrooms 2.1 baths n/a n/a n/a 2.09 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 254 $565,895 139 days
    Hickory 167 $636,124 109 days
    Indian River 197 $409,422 60 days
    Oscar Smith 213 $345,085 73 days
    Western Branch 228 $414,634 78 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,320 $467,019 95 days
    Distressed Homes 21 $229,866 107 days
    Multi-Million Dollar Homes 29 $2,617,884 381 days
    Newly Built Homes 389 $549,027 118 days
    Homes with a Pool 79 $549,140 34 days
    Reduced Price Homes 48 $437,290 36 days