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  • Chesapeake Market Report

    $352,287

    AVERAGE PRICE OF 2,251 HOMES

    $200,704

    AVERAGE PRICE OF 103 DISTRESSED HOMES

    $1,879,020

    AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

    $401,035

    AVERAGE PRICE OF 694 NEWLY BUILT HOMES

    $471,081

    AVERAGE PRICE OF 163 HOMES WITH A POOL

    $342,008

    AVERAGE PRICE OF 67 REDUCED PRICE HOMES

    Average Home

    Average Price $352,287
    Avg Bedrooms 3.51 beds
    Avg Bathrooms 2.17 baths

    Average Price by Bedrooms

    1 bedroom $115,000
    2 bedrooms $168,595
    3 bedrooms $252,468
    4 bedrooms $366,498
    5 bedrooms $455,213
    Chesapeake Home Price Trends
      5/2019 4/2019 3/2019 2/2019 1/2019
    Total Listings 2,211 2,068 1,911 1,829 1,778
    Average Price $357,963 $355,343 $350,425 $346,307 $345,567
    Avg Price Change +0.74% +1.40% +1.19% +0.21% +1.19%
    Median Price $339,231 $337,184 $331,741 $325,568 $324,820
    Med Price Change +0.61% +1.64% +1.90% +0.23% +2.81%
    Avg Bedrooms 3.52 beds 3.5 beds 3.46 beds 3.43 beds 3.44 beds
    Avg Bathrooms 2.18 baths 2.17 baths 2.15 baths 2.14 baths 2.13 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 415 $392,291 105 days
    Hickory 277 $480,118 96 days
    Indian River 292 $284,656 61 days
    Oscar Smith 374 $283,826 95 days
    Western Branch 363 $318,641 85 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,251 $352,287 90 days
    Distressed Homes 103 $200,704 116 days
    Multi-Million Dollar Homes 25 $1,879,020 229 days
    Newly Built Homes 694 $401,035 107 days
    Homes with a Pool 163 $471,081 62 days
    Reduced Price Homes 67 $342,008 42 days