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  • Chesapeake Market Report

    $420,148

    AVERAGE PRICE OF 1,254 HOMES

    $233,850

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $2,749,685

    AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

    $510,486

    AVERAGE PRICE OF 410 NEWLY BUILT HOMES

    $524,061

    AVERAGE PRICE OF 61 HOMES WITH A POOL

    $314,261

    AVERAGE PRICE OF 8 REDUCED PRICE HOMES

    Average Home

    Average Price $420,148
    Avg Bedrooms 3.24 beds
    Avg Bathrooms 2 baths

    Average Price by Bedrooms

    1 bedroom $130,000
    2 bedrooms $208,627
    3 bedrooms $312,176
    4 bedrooms $451,822
    5 bedrooms $571,297
    Chesapeake Home Price Trends
      10/2021 9/2021 8/2021 7/2021 6/2021
    Total Listings 1,408 1,464 1,550 1,521 1,552
    Average Price $413,988 $410,220 $407,737 $411,135 $409,432
    Avg Price Change +0.92% +0.61% -0.83% +0.42% -0.22%
    Median Price $361,598 $362,748 $364,232 $366,296 $364,700
    Med Price Change -0.32% -0.41% -0.57% +0.44% -0.53%
    Avg Bedrooms 3.26 beds 3.3 beds 3.34 beds 3.39 beds 3.38 beds
    Avg Bathrooms 2.02 baths 2.03 baths 2.06 baths 2.07 baths 2.08 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 235 $536,507 165 days
    Hickory 181 $545,350 122 days
    Indian River 180 $343,219 55 days
    Oscar Smith 203 $295,918 75 days
    Western Branch 224 $372,254 106 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,254 $420,148 112 days
    Distressed Homes 14 $233,850 123 days
    Multi-Million Dollar Homes 18 $2,749,685 630 days
    Newly Built Homes 410 $510,486 146 days
    Homes with a Pool 61 $524,061 45 days
    Reduced Price Homes 8 $314,261 50 days