If you need assistance, please call 757-774-3473

Chesapeake Market Report

$420,148

AVERAGE PRICE OF 1,254 HOMES

$233,850

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,749,685

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$510,486

AVERAGE PRICE OF 410 NEWLY BUILT HOMES

$524,061

AVERAGE PRICE OF 61 HOMES WITH A POOL

$314,261

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $420,148
Avg Bedrooms 3.24 beds
Avg Bathrooms 2 baths

Average Price by Bedrooms

1 bedroom $130,000
2 bedrooms $208,627
3 bedrooms $312,176
4 bedrooms $451,822
5 bedrooms $571,297
Chesapeake Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 1,408 1,464 1,550 1,521
Average Price n/a $413,988 $410,220 $407,737 $411,135
Avg Price Change n/a +0.92% +0.61% -0.83% +0.42%
Median Price n/a $361,598 $362,748 $364,232 $366,296
Med Price Change n/a -0.32% -0.41% -0.57% +0.44%
Avg Bedrooms n/a 3.26 beds 3.3 beds 3.34 beds 3.39 beds
Avg Bathrooms n/a 2.02 baths 2.03 baths 2.06 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 235 $536,507 165 days
Hickory 181 $545,350 122 days
Indian River 180 $343,219 55 days
Oscar Smith 203 $295,918 75 days
Western Branch 224 $372,254 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,254 $420,148 112 days
Distressed Homes 14 $233,850 123 days
Multi-Million Dollar Homes 18 $2,749,685 630 days
Newly Built Homes 410 $510,486 146 days
Homes with a Pool 61 $524,061 45 days
Reduced Price Homes 8 $314,261 50 days
Iron Valley Real Estate Hampton Roads - Realty Fever Group
Edgar Munoz
200 Bendix Road, Ste. 270
Virginia Beach, VA 23452
757-774-3473

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REIN update its listing on a daily basis. data last updated: December 1, 2021

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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