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 HOMESAverage 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 |