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  • Chesapeake Market Report

    $362,735

    AVERAGE PRICE OF 1,833 HOMES

    $217,247

    AVERAGE PRICE OF 68 DISTRESSED HOMES

    $2,080,623

    AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

    $400,999

    AVERAGE PRICE OF 624 NEWLY BUILT HOMES

    $478,618

    AVERAGE PRICE OF 112 HOMES WITH A POOL

    $318,642

    AVERAGE PRICE OF 25 REDUCED PRICE HOMES

    Average Home

    Average Price $362,735
    Avg Bedrooms 3.43 beds
    Avg Bathrooms 2.14 baths

    Average Price by Bedrooms

    1 bedroom $87,450
    2 bedrooms $188,126
    3 bedrooms $260,971
    4 bedrooms $385,663
    5 bedrooms $496,282
    Chesapeake Home Price Trends
      5/2020 4/2020 3/2020 2/2020 1/2020
    Total Listings 1,828 1,837 1,776 1,669 1,590
    Average Price $363,929 $365,596 $364,654 $363,477 $364,104
    Avg Price Change -0.46% +0.26% +0.32% -0.17% +0.55%
    Median Price $339,006 $341,657 $338,296 $330,996 $330,896
    Med Price Change -0.78% +0.99% +2.21% +0.03% +0.91%
    Avg Bedrooms 3.42 beds 3.42 beds 3.41 beds 3.38 beds 3.39 beds
    Avg Bathrooms 2.13 baths 2.13 baths 2.14 baths 2.11 baths 2.13 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 380 $404,076 109 days
    Hickory 227 $495,550 125 days
    Indian River 244 $281,053 61 days
    Oscar Smith 280 $272,949 109 days
    Western Branch 314 $337,905 121 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,833 $362,735 105 days
    Distressed Homes 68 $217,247 140 days
    Multi-Million Dollar Homes 24 $2,080,623 380 days
    Newly Built Homes 624 $400,999 129 days
    Homes with a Pool 112 $478,618 50 days
    Reduced Price Homes 25 $318,642 78 days