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  • Chesapeake Market Report

    $341,439

    AVERAGE PRICE OF 1,889 HOMES

    $211,177

    AVERAGE PRICE OF 121 DISTRESSED HOMES

    $2,139,258

    AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

    $396,366

    AVERAGE PRICE OF 647 NEWLY BUILT HOMES

    $429,351

    AVERAGE PRICE OF 165 HOMES WITH A POOL

    $295,822

    AVERAGE PRICE OF 586 REDUCED PRICE HOMES

    Average Home

    Average Price $341,439
    Avg Bedrooms 3.43 beds
    Avg Bathrooms 2.11 baths

    Average Price by Bedrooms

    1 bedroom $128,225
    2 bedrooms $162,632
    3 bedrooms $248,530
    4 bedrooms $355,147
    5 bedrooms $459,191
    Chesapeake Home Price Trends
      11/2018 10/2018 9/2018 8/2018 7/2018
    Total Listings 2,068 2,127 2,151 2,228 2,327
    Average Price $340,237 $339,030 $340,877 $341,637 $344,700
    Avg Price Change +0.36% -0.54% -0.22% -0.90% -0.37%
    Median Price $316,780 $316,375 $322,055 $326,219 $329,129
    Med Price Change +0.13% -1.80% -1.29% -0.89% -1.71%
    Avg Bedrooms 3.46 beds 3.49 beds 3.52 beds 3.55 beds 3.56 beds
    Avg Bathrooms 2.14 baths 2.15 baths 2.16 baths 2.19 baths 2.22 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Deep Creek 238 $288,625 104 days
    Grassfield 364 $378,334 113 days
    Indian River 246 $276,652 76 days
    Oscar Smith 373 $280,834 117 days
    Western Branch 280 $333,299 121 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,889 $341,439 111 days
    Distressed Homes 121 $211,177 121 days
    Multi-Million Dollar Homes 19 $2,139,258 209 days
    Newly Built Homes 647 $396,366 128 days
    Homes with a Pool 165 $429,351 136 days
    Reduced Price Homes 586 $295,822 129 days
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