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

  • Chesapeake Market Report

    $407,039

    AVERAGE PRICE OF 1,431 HOMES

    $215,050

    AVERAGE PRICE OF 16 DISTRESSED HOMES

    $2,569,651

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $458,002

    AVERAGE PRICE OF 500 NEWLY BUILT HOMES

    $499,571

    AVERAGE PRICE OF 93 HOMES WITH A POOL

    $334,874

    AVERAGE PRICE OF 12 REDUCED PRICE HOMES

    Average Home

    Average Price $407,039
    Avg Bedrooms 3.36 beds
    Avg Bathrooms 2.08 baths

    Average Price by Bedrooms

    1 bedroom $60,000
    2 bedrooms $202,831
    3 bedrooms $301,925
    4 bedrooms $419,871
    5 bedrooms $535,798
    Chesapeake Home Price Trends
      3/2021 2/2021 1/2021 12/2020 11/2020
    Total Listings 1,309 n/a 1,215 1,326 1,469
    Average Price $405,921 n/a $382,544 $385,365 $381,087
    Avg Price Change n/a n/a -0.74% +1.12% +1.03%
    Median Price $361,277 n/a $348,536 $349,991 $347,296
    Med Price Change n/a n/a -0.42% +0.78% +0.78%
    Avg Bedrooms 3.34 beds n/a 3.28 beds 3.27 beds 3.3 beds
    Avg Bathrooms 2.09 baths n/a 2.06 baths 2.06 baths 2.07 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 260 $498,274 119 days
    Hickory 207 $548,656 115 days
    Indian River 207 $294,069 63 days
    Oscar Smith 239 $289,809 81 days
    Western Branch 205 $375,001 93 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,431 $407,039 96 days
    Distressed Homes 16 $215,050 234 days
    Multi-Million Dollar Homes 22 $2,569,651 398 days
    Newly Built Homes 500 $458,002 122 days
    Homes with a Pool 93 $499,571 38 days
    Reduced Price Homes 12 $334,874 206 days