Chesapeake Market Report
$528,052
AVERAGE PRICE OF 1,289 HOMES$312,317
AVERAGE PRICE OF 31 DISTRESSED HOMES$1,621,658
AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES$670,600
AVERAGE PRICE OF 349 NEWLY BUILT HOMES$708,386
AVERAGE PRICE OF 93 HOMES WITH A POOL$555,380
AVERAGE PRICE OF 58 REDUCED PRICE HOMESAverage Home
| Average Price | $528,052 |
| Avg Bedrooms | 3.54 beds |
| Avg Bathrooms | 2.25 baths |
Average Price by Bedrooms
| 1 bedroom | $157,450 |
| 2 bedrooms | $264,500 |
| 3 bedrooms | $392,137 |
| 4 bedrooms | $557,005 |
| 5 bedrooms | $708,239 |
Chesapeake Home Price Trends
| 6/2025 | 5/2025 | 4/2025 | 3/2025 | 2/2025 | |
|---|---|---|---|---|---|
| Total Listings | 1,259 | 1,201 | 1,138 | 1,014 | 979 |
| Average Price | $527,640 | $520,735 | $515,093 | $513,317 | $507,966 |
| Avg Price Change | +1.33% | +1.10% | +0.35% | +1.05% | -0.24% |
| Median Price | $500,331 | $490,265 | $478,316 | $473,159 | $465,021 |
| Med Price Change | +2.05% | +2.50% | +1.09% | +1.75% | +0.27% |
| Avg Bedrooms | 3.52 beds | 3.48 beds | 3.43 beds | 3.37 beds | 3.36 beds |
| Avg Bathrooms | 2.24 baths | 2.23 baths | 2.21 baths | 2.18 baths | 2.17 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hickory | 238 | $713,451 | 123 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,289 | $528,052 | 91 days |
| Distressed Homes | 31 | $312,317 | 77 days |
| Multi-Million Dollar Homes | 33 | $1,621,658 | 430 days |
| Newly Built Homes | 349 | $670,600 | 114 days |
| Homes with a Pool | 93 | $708,386 | 33 days |
| Reduced Price Homes | 58 | $555,380 | 46 days |
