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  • Chesapeake Market Report

    $382,736

    AVERAGE PRICE OF 1,408 HOMES

    $249,778

    AVERAGE PRICE OF 27 DISTRESSED HOMES

    $2,206,439

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $422,112

    AVERAGE PRICE OF 573 NEWLY BUILT HOMES

    $505,313

    AVERAGE PRICE OF 74 HOMES WITH A POOL

    $386,592

    AVERAGE PRICE OF 14 REDUCED PRICE HOMES

    Average Home

    Average Price $382,736
    Avg Bedrooms 3.28 beds
    Avg Bathrooms 2.06 baths

    Average Price by Bedrooms

    1 bedroom $104,966
    2 bedrooms $204,464
    3 bedrooms $287,853
    4 bedrooms $415,046
    5 bedrooms $505,011
    Chesapeake Home Price Trends
      11/2020 10/2020 9/2020 8/2020 7/2020
    Total Listings 1,469 1,536 1,642 1,711 1,765
    Average Price $381,087 $377,216 $371,345 $368,708 $367,869
    Avg Price Change +1.03% +1.58% +0.72% +0.23% +0.60%
    Median Price $347,296 $344,614 $344,328 $343,058 $342,935
    Med Price Change +0.78% +0.08% +0.37% +0.04% +0.44%
    Avg Bedrooms 3.3 beds 3.34 beds 3.35 beds 3.38 beds 3.43 beds
    Avg Bathrooms 2.07 baths 2.1 baths 2.11 baths 2.12 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 240 $424,924 134 days
    Hickory 207 $509,749 121 days
    Indian River 208 $287,052 70 days
    Oscar Smith 207 $279,734 93 days
    Western Branch 236 $366,416 113 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,408 $382,736 112 days
    Distressed Homes 27 $249,778 213 days
    Multi-Million Dollar Homes 22 $2,206,439 373 days
    Newly Built Homes 573 $422,112 126 days
    Homes with a Pool 74 $505,313 59 days
    Reduced Price Homes 14 $386,592 39 days