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Chesapeake

Why you'd want to live in Chesapeake

Chesapeake is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 222,209; in 2019, the population was estimated to be 244,835, making it the second-most populous city in Virginia. Chesapeake is included in the Virginia Beach–Norfolk–Newport News, VA–NC, MSA. via wiki

Chesapeake Market Report

$485,248

AVERAGE PRICE OF 1,036 HOMES

$267,891

AVERAGE PRICE OF 24 DISTRESSED HOMES

$1,910,932

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$581,378

AVERAGE PRICE OF 291 NEWLY BUILT HOMES

$640,698

AVERAGE PRICE OF 66 HOMES WITH A POOL

$399,046

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $485,248
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $138,200
2 bedrooms $251,027
3 bedrooms $336,705
4 bedrooms $511,332
5 bedrooms $650,297
Chesapeake Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 990 1,007 1,003 973 1,051
Average Price $482,465 $474,997 $471,808 $479,026 $476,103
Avg Price Change +1.57% +0.68% -1.53% +0.61% -0.34%
Median Price $419,789 $410,295 $409,654 $406,193 $403,672
Med Price Change +2.31% +0.16% +0.85% +0.62% -1.35%
Avg Bedrooms 3.3 beds 3.27 beds 3.27 beds 3.26 beds 3.27 beds
Avg Bathrooms 2.08 baths 2.06 baths 2.07 baths 2.06 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 190 $554,900 152 days
Hickory 153 $676,278 125 days
Indian River 143 $404,708 63 days
Oscar Smith 183 $383,586 75 days
Western Branch 180 $431,654 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,036 $485,248 107 days
Distressed Homes 24 $267,891 73 days
Multi-Million Dollar Homes 33 $1,910,932 282 days
Newly Built Homes 291 $581,378 119 days
Homes with a Pool 66 $640,698 35 days
Reduced Price Homes 17 $399,046 20 days
Iron Valley Real Estate Virginia Beach
Andy Nelson
200 Bendix Rd. Ste 270
Virginia Beach, VA 23452
757-550-1702

Fair Housing/Equal Opportunity
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REIN update its listing on a daily basis. data last updated: May 31, 2023

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

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