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  • Chesapeake Market Report

    $515,178

    AVERAGE PRICE OF 1,102 HOMES

    $350,985

    AVERAGE PRICE OF 7 DISTRESSED HOMES

    $1,738,897

    AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

    $588,841

    AVERAGE PRICE OF 332 NEWLY BUILT HOMES

    $768,430

    AVERAGE PRICE OF 85 HOMES WITH A POOL

    $478,778

    AVERAGE PRICE OF 43 REDUCED PRICE HOMES

    Average Home

    Average Price $515,178
    Avg Bedrooms 3.39 beds
    Avg Bathrooms 2.2 baths

    Average Price by Bedrooms

    1 bedroom $212,900
    2 bedrooms $260,238
    3 bedrooms $357,080
    4 bedrooms $563,090
    5 bedrooms $705,193
    Chesapeake Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 1,101 1,061 994 930 895
    Average Price $515,570 $513,397 $512,600 $510,312 $506,263
    Avg Price Change +0.42% +0.16% +0.45% +0.80% +0.41%
    Median Price $465,543 $471,203 $469,388 $454,541 $438,751
    Med Price Change -1.22% +0.39% +3.27% +3.60% +2.33%
    Avg Bedrooms 3.38 beds 3.36 beds 3.36 beds 3.34 beds 3.32 beds
    Avg Bathrooms 2.17 baths 2.14 baths 2.13 baths 2.12 baths 2.12 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Oscar Smith 234 $419,922 75 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,102 $515,178 102 days
    Distressed Homes 7 $350,985 75 days
    Multi-Million Dollar Homes 38 $1,738,897 342 days
    Newly Built Homes 332 $588,841 107 days
    Homes with a Pool 85 $768,430 43 days
    Reduced Price Homes 43 $478,778 35 days