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Chesapeake Market Report

$515,178

AVERAGE PRICE OF 1,102 HOMES

$350,985

AVERAGE PRICE OF 7 DISTRESSED HOMES

$1,738,897

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$588,841

AVERAGE PRICE OF 332 NEWLY BUILT HOMES

$768,430

AVERAGE PRICE OF 85 HOMES WITH A POOL

$478,778

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $515,178
Avg Bedrooms 3.39 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $212,900
2 bedrooms $260,238
3 bedrooms $357,080
4 bedrooms $563,090
5 bedrooms $705,193
Chesapeake Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,101 1,061 994 930 895
Average Price $515,570 $513,397 $512,600 $510,312 $506,263
Avg Price Change +0.42% +0.16% +0.45% +0.80% +0.41%
Median Price $465,543 $471,203 $469,388 $454,541 $438,751
Med Price Change -1.22% +0.39% +3.27% +3.60% +2.33%
Avg Bedrooms 3.38 beds 3.36 beds 3.36 beds 3.34 beds 3.32 beds
Avg Bathrooms 2.17 baths 2.14 baths 2.13 baths 2.12 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oscar Smith 234 $419,922 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,102 $515,178 102 days
Distressed Homes 7 $350,985 75 days
Multi-Million Dollar Homes 38 $1,738,897 342 days
Newly Built Homes 332 $588,841 107 days
Homes with a Pool 85 $768,430 43 days
Reduced Price Homes 43 $478,778 35 days
Keller Williams Alliance | JMD Elite Services, LLC
Jarrett Caldwell
5218 George Washington Memorial Highway
Yorktown, VA 23692
757-269-9704

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REIN update its listing on a daily basis. data last updated: July 18, 2024

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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