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  • Chesapeake Market Report

    $520,704

    AVERAGE PRICE OF 1,189 HOMES

    $305,300

    AVERAGE PRICE OF 23 DISTRESSED HOMES

    $1,699,492

    AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

    $655,211

    AVERAGE PRICE OF 339 NEWLY BUILT HOMES

    $723,033

    AVERAGE PRICE OF 84 HOMES WITH A POOL

    $455,853

    AVERAGE PRICE OF 42 REDUCED PRICE HOMES

    Average Home

    Average Price $520,704
    Avg Bedrooms 3.47 beds
    Avg Bathrooms 2.23 baths

    Average Price by Bedrooms

    1 bedroom $172,450
    2 bedrooms $272,480
    3 bedrooms $383,394
    4 bedrooms $567,140
    5 bedrooms $694,027
    Chesapeake Home Price Trends
      4/2025 3/2025 2/2025 1/2025 12/2024
    Total Listings 1,138 1,014 979 891 928
    Average Price $515,093 $513,317 $507,966 $509,171 $509,187
    Avg Price Change +0.35% +1.05% -0.24% 0.00% -0.95%
    Median Price $478,316 $473,159 $465,021 $463,772 $465,541
    Med Price Change +1.09% +1.75% +0.27% -0.38% -1.84%
    Avg Bedrooms 3.43 beds 3.37 beds 3.36 beds 3.39 beds 3.35 beds
    Avg Bathrooms 2.21 baths 2.18 baths 2.17 baths 2.18 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Western Branch 216 $464,915 83 days
    Total Homes Average Price Avg Days on Site
    All Homes 1,189 $520,704 97 days
    Distressed Homes 23 $305,300 66 days
    Multi-Million Dollar Homes 31 $1,699,492 434 days
    Newly Built Homes 339 $655,211 126 days
    Homes with a Pool 84 $723,033 36 days
    Reduced Price Homes 42 $455,853 36 days