If you need assistance, please call 757-447-2877

  • Chesapeake Market Report

    $478,128

    AVERAGE PRICE OF 1,090 HOMES

    $213,604

    AVERAGE PRICE OF 21 DISTRESSED HOMES

    $2,452,692

    AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

    $540,981

    AVERAGE PRICE OF 379 NEWLY BUILT HOMES

    $534,291

    AVERAGE PRICE OF 68 HOMES WITH A POOL

    $539,469

    AVERAGE PRICE OF 43 REDUCED PRICE HOMES

    Average Home

    Average Price $478,128
    Avg Bedrooms 3.3 beds
    Avg Bathrooms 2.07 baths

    Average Price by Bedrooms

    1 bedroom $154,037
    2 bedrooms $212,419
    3 bedrooms $334,802
    4 bedrooms $508,148
    5 bedrooms $613,107
    Chesapeake Home Price Trends
      11/2022 10/2022 9/2022 8/2022 7/2022
    Total Listings 1,126 1,170 1,240 1,303 1,334
    Average Price $477,741 $475,776 $473,317 $466,719 $461,341
    Avg Price Change +0.41% +0.52% +1.41% +1.17% n/a
    Median Price $409,128 $406,635 $410,325 $410,165 $410,071
    Med Price Change +0.61% -0.91% +0.04% +0.02% n/a
    Avg Bedrooms 3.28 beds 3.29 beds 3.32 beds 3.33 beds 3.32 beds
    Avg Bathrooms 2.05 baths 2.06 baths 2.08 baths 2.1 baths 2.1 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 222 $566,896 151 days
    Hickory 124 $648,016 155 days
    Indian River 169 $406,009 80 days
    Oscar Smith 193 $370,529 81 days
    Western Branch 177 $437,804 99 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,090 $478,128 116 days
    Distressed Homes 21 $213,604 126 days
    Multi-Million Dollar Homes 30 $2,452,692 351 days
    Newly Built Homes 379 $540,981 125 days
    Homes with a Pool 68 $534,291 43 days
    Reduced Price Homes 43 $539,469 42 days