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  • Chesapeake Market Report

    $437,009

    AVERAGE PRICE OF 951 HOMES

    $203,921

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $2,412,333

    AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

    $515,272

    AVERAGE PRICE OF 364 NEWLY BUILT HOMES

    $631,105

    AVERAGE PRICE OF 33 HOMES WITH A POOL

    $343,514

    AVERAGE PRICE OF 7 REDUCED PRICE HOMES

    Average Home

    Average Price $437,009
    Avg Bedrooms 3.17 beds
    Avg Bathrooms 2.01 baths

    Average Price by Bedrooms

    1 bedroom $139,000
    2 bedrooms $200,203
    3 bedrooms $328,872
    4 bedrooms $464,920
    5 bedrooms $606,153
    Chesapeake Home Price Trends
      12/2021 11/2021 10/2021 9/2021 8/2021
    Total Listings 1,133 n/a 1,408 1,464 1,550
    Average Price $429,578 n/a $413,988 $410,220 $407,737
    Avg Price Change n/a n/a +0.92% +0.61% -0.83%
    Median Price $375,687 n/a $361,598 $362,748 $364,232
    Med Price Change n/a n/a -0.32% -0.41% -0.57%
    Avg Bedrooms 3.22 beds n/a 3.26 beds 3.3 beds 3.34 beds
    Avg Bathrooms 2 baths n/a 2.02 baths 2.03 baths 2.06 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 182 $572,558 170 days
    Hickory 145 $573,701 109 days
    Indian River 133 $330,000 65 days
    Oscar Smith 135 $326,242 81 days
    Western Branch 194 $379,020 113 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 951 $437,009 118 days
    Distressed Homes 14 $203,921 163 days
    Multi-Million Dollar Homes 19 $2,412,333 465 days
    Newly Built Homes 364 $515,272 141 days
    Homes with a Pool 33 $631,105 53 days
    Reduced Price Homes 7 $343,514 50 days