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  • Chesapeake Market Report

    $346,200

    AVERAGE PRICE OF 1,855 HOMES

    $217,462

    AVERAGE PRICE OF 122 DISTRESSED HOMES

    $2,076,418

    AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

    $401,820

    AVERAGE PRICE OF 639 NEWLY BUILT HOMES

    $434,411

    AVERAGE PRICE OF 133 HOMES WITH A POOL

    $349,176

    AVERAGE PRICE OF 37 REDUCED PRICE HOMES

    Average Home

    Average Price $346,200
    Avg Bedrooms 3.43 beds
    Avg Bathrooms 2.14 baths

    Average Price by Bedrooms

    1 bedroom $126,800
    2 bedrooms $164,642
    3 bedrooms $256,208
    4 bedrooms $365,000
    5 bedrooms $460,736
    Chesapeake Home Price Trends
      1/2019 12/2018 11/2018 10/2018 9/2018
    Total Listings 1,778 1,882 2,068 2,127 2,151
    Average Price $345,567 $341,497 $340,237 $339,030 $340,877
    Avg Price Change +1.19% +0.37% +0.36% -0.54% -0.22%
    Median Price $324,820 $315,949 $316,780 $316,375 $322,055
    Med Price Change +2.81% -0.26% +0.13% -1.80% -1.29%
    Avg Bedrooms 3.44 beds 3.43 beds 3.46 beds 3.49 beds 3.52 beds
    Avg Bathrooms 2.13 baths 2.12 baths 2.14 baths 2.15 baths 2.16 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Deep Creek 227 $301,749 90 days
    Grassfield 379 $376,598 112 days
    Indian River 261 $281,100 70 days
    Oscar Smith 331 $275,999 116 days
    Western Branch 275 $325,224 103 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,855 $346,200 103 days
    Distressed Homes 122 $217,462 111 days
    Multi-Million Dollar Homes 19 $2,076,418 201 days
    Newly Built Homes 639 $401,820 113 days
    Homes with a Pool 133 $434,411 115 days
    Reduced Price Homes 37 $349,176 73 days
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