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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

$413,825

AVERAGE PRICE OF 1,415 HOMES

$259,362

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,491,057

AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

$485,164

AVERAGE PRICE OF 453 NEWLY BUILT HOMES

$507,456

AVERAGE PRICE OF 83 HOMES WITH A POOL

$328,108

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $413,825
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $142,450
2 bedrooms $208,961
3 bedrooms $303,681
4 bedrooms $444,144
5 bedrooms $551,737
Chesapeake Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,550 1,521 1,552 1,527 1,403
Average Price $407,737 $411,135 $409,432 $410,326 $408,383
Avg Price Change -0.83% +0.42% -0.22% +0.48% +0.61%
Median Price $364,232 $366,296 $364,700 $366,633 $365,373
Med Price Change -0.57% +0.44% -0.53% +0.34% +1.13%
Avg Bedrooms 3.34 beds 3.39 beds 3.38 beds 3.36 beds 3.36 beds
Avg Bathrooms 2.06 baths 2.07 baths 2.08 baths 2.09 baths 2.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 297 $521,184 128 days
Hickory 176 $547,732 133 days
Indian River 203 $334,427 49 days
Oscar Smith 217 $284,615 64 days
Western Branch 235 $368,420 103 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,415 $413,825 99 days
Distressed Homes 16 $259,362 158 days
Multi-Million Dollar Homes 23 $2,491,057 481 days
Newly Built Homes 453 $485,164 128 days
Homes with a Pool 83 $507,456 43 days
Reduced Price Homes 25 $328,108 34 days
Iron Valley Real Estate Virginia Beach
Andy Nelson
200 Bendix Rd. Ste 270
Virginia Beach, VA 23452
757-550-1702

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REIN update its listing on a daily basis. data last updated: September 24, 2021

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