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  • Chesapeake Market Report

    $355,531

    AVERAGE PRICE OF 2,093 HOMES

    $224,574

    AVERAGE PRICE OF 103 DISTRESSED HOMES

    $1,949,019

    AVERAGE PRICE OF 26 MULTI-MILLION DOLLAR HOMES

    $400,216

    AVERAGE PRICE OF 671 NEWLY BUILT HOMES

    $485,777

    AVERAGE PRICE OF 151 HOMES WITH A POOL

    $354,956

    AVERAGE PRICE OF 42 REDUCED PRICE HOMES

    Average Home

    Average Price $355,531
    Avg Bedrooms 3.42 beds
    Avg Bathrooms 2.15 baths

    Average Price by Bedrooms

    1 bedroom $108,980
    2 bedrooms $178,284
    3 bedrooms $259,481
    4 bedrooms $373,212
    5 bedrooms $472,564
    Chesapeake Home Price Trends
      7/2019 6/2019 5/2019 4/2019 3/2019
    Total Listings n/a 2,228 2,211 2,068 1,911
    Average Price n/a $353,372 $357,963 $355,343 $350,425
    Avg Price Change n/a -1.30% +0.74% +1.40% +1.19%
    Median Price n/a $336,067 $339,231 $337,184 $331,741
    Med Price Change n/a -0.94% +0.61% +1.64% +1.90%
    Avg Bedrooms n/a 3.5 beds 3.52 beds 3.5 beds 3.46 beds
    Avg Bathrooms n/a 2.17 baths 2.18 baths 2.17 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 383 $392,766 120 days
    Hickory 292 $492,321 100 days
    Indian River 281 $283,413 63 days
    Oscar Smith 356 $285,369 95 days
    Western Branch 345 $321,835 100 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,093 $355,531 98 days
    Distressed Homes 103 $224,574 123 days
    Multi-Million Dollar Homes 26 $1,949,019 251 days
    Newly Built Homes 671 $400,216 119 days
    Homes with a Pool 151 $485,777 67 days
    Reduced Price Homes 42 $354,956 59 days