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  • Chesapeake Market Report

    $354,806

    AVERAGE PRICE OF 2,113 HOMES

    $212,006

    AVERAGE PRICE OF 124 DISTRESSED HOMES

    $1,960,068

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $399,446

    AVERAGE PRICE OF 672 NEWLY BUILT HOMES

    $471,156

    AVERAGE PRICE OF 140 HOMES WITH A POOL

    $352,580

    AVERAGE PRICE OF 55 REDUCED PRICE HOMES

    Average Home

    Average Price $354,806
    Avg Bedrooms 3.5 beds
    Avg Bathrooms 2.17 baths

    Average Price by Bedrooms

    1 bedroom $108,333
    2 bedrooms $169,043
    3 bedrooms $256,448
    4 bedrooms $367,968
    5 bedrooms $463,342
    Chesapeake Home Price Trends
      3/2019 2/2019 1/2019 12/2018 11/2018
    Total Listings 1,911 1,829 1,778 1,882 2,068
    Average Price $350,425 $346,307 $345,567 $341,497 $340,237
    Avg Price Change +1.19% +0.21% +1.19% +0.37% +0.36%
    Median Price $331,741 $325,568 $324,820 $315,949 $316,780
    Med Price Change +1.90% +0.23% +2.81% -0.26% +0.13%
    Avg Bedrooms 3.46 beds 3.43 beds 3.44 beds 3.43 beds 3.46 beds
    Avg Bathrooms 2.15 baths 2.14 baths 2.13 baths 2.12 baths 2.14 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Deep Creek 262 $318,401 81 days
    Grassfield 420 $382,742 104 days
    Indian River 274 $279,816 60 days
    Oscar Smith 359 $293,139 99 days
    Western Branch 313 $333,658 86 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,113 $354,806 89 days
    Distressed Homes 124 $212,006 112 days
    Multi-Million Dollar Homes 22 $1,960,068 222 days
    Newly Built Homes 672 $399,446 107 days
    Homes with a Pool 140 $471,156 67 days
    Reduced Price Homes 55 $352,580 43 days
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