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Chesapeake Market Report

$508,776

AVERAGE PRICE OF 982 HOMES

$283,580

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,720,605

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$645,985

AVERAGE PRICE OF 337 NEWLY BUILT HOMES

$722,889

AVERAGE PRICE OF 46 HOMES WITH A POOL

$412,577

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $508,776
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $149,900
2 bedrooms $280,918
3 bedrooms $364,593
4 bedrooms $561,230
5 bedrooms $688,947
Chesapeake Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 891 928 1,003 1,040 1,080
Average Price $509,171 $509,187 $514,014 $514,402 $510,760
Avg Price Change 0.00% -0.95% -0.08% +0.71% -1.26%
Median Price $463,772 $465,541 $474,105 $469,850 $467,179
Med Price Change -0.38% -1.84% +0.91% +0.57% -1.69%
Avg Bedrooms 3.39 beds 3.35 beds 3.37 beds 3.41 beds 3.41 beds
Avg Bathrooms 2.18 baths 2.15 baths 2.15 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Western Branch 185 $425,321 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 982 $508,776 110 days
Distressed Homes 21 $283,580 67 days
Multi-Million Dollar Homes 27 $1,720,605 472 days
Newly Built Homes 337 $645,985 110 days
Homes with a Pool 46 $722,889 62 days
Reduced Price Homes 32 $412,577 45 days
Keller Williams Alliance | JMD Elite Services, LLC
Jarrett Caldwell
5218 George Washington Memorial Highway
Yorktown, VA 23692
757-269-9704

©2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

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REIN update its listing on a daily basis. data last updated: February 14, 2025

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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