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  • Chesapeake Market Report

    $412,192

    AVERAGE PRICE OF 1,426 HOMES

    $257,921

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $2,491,057

    AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

    $486,595

    AVERAGE PRICE OF 451 NEWLY BUILT HOMES

    $509,490

    AVERAGE PRICE OF 82 HOMES WITH A POOL

    $329,463

    AVERAGE PRICE OF 22 REDUCED PRICE HOMES

    Average Home

    Average Price $412,192
    Avg Bedrooms 3.29 beds
    Avg Bathrooms 2.02 baths

    Average Price by Bedrooms

    1 bedroom $142,450
    2 bedrooms $206,681
    3 bedrooms $305,617
    4 bedrooms $443,919
    5 bedrooms $549,382
    Chesapeake Home Price Trends
      8/2021 7/2021 6/2021 5/2021 4/2021
    Total Listings 1,550 1,521 1,552 1,527 1,403
    Average Price $407,737 $411,135 $409,432 $410,326 $408,383
    Avg Price Change -0.83% +0.42% -0.22% +0.48% +0.61%
    Median Price $364,232 $366,296 $364,700 $366,633 $365,373
    Med Price Change -0.57% +0.44% -0.53% +0.34% +1.13%
    Avg Bedrooms 3.34 beds 3.39 beds 3.38 beds 3.36 beds 3.36 beds
    Avg Bathrooms 2.06 baths 2.07 baths 2.08 baths 2.09 baths 2.09 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 299 $522,229 127 days
    Hickory 177 $547,112 131 days
    Indian River 205 $327,940 48 days
    Oscar Smith 220 $281,061 64 days
    Western Branch 240 $369,730 102 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,426 $412,192 98 days
    Distressed Homes 14 $257,921 173 days
    Multi-Million Dollar Homes 23 $2,491,057 483 days
    Newly Built Homes 451 $486,595 129 days
    Homes with a Pool 82 $509,490 44 days
    Reduced Price Homes 22 $329,463 36 days