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Chesapeake Market Report

$516,800

AVERAGE PRICE OF 1,077 HOMES

$297,166

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,903,709

AVERAGE PRICE OF 38 MULTI-MILLION DOLLAR HOMES

$600,625

AVERAGE PRICE OF 333 NEWLY BUILT HOMES

$784,106

AVERAGE PRICE OF 78 HOMES WITH A POOL

$430,061

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $516,800
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $163,799
2 bedrooms $253,726
3 bedrooms $356,962
4 bedrooms $554,630
5 bedrooms $683,711
Chesapeake Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 994 930 895 872 851
Average Price $512,600 $510,312 $506,263 $504,202 $493,642
Avg Price Change +0.45% +0.80% +0.41% +2.14% +1.54%
Median Price $469,388 $454,541 $438,751 $428,741 $425,585
Med Price Change +3.27% +3.60% +2.33% +0.74% +1.56%
Avg Bedrooms 3.36 beds 3.34 beds 3.32 beds 3.32 beds 3.33 beds
Avg Bathrooms 2.13 baths 2.12 baths 2.12 baths 2.12 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Oscar Smith 216 $454,848 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,077 $516,800 99 days
Distressed Homes 6 $297,166 67 days
Multi-Million Dollar Homes 38 $1,903,709 307 days
Newly Built Homes 333 $600,625 97 days
Homes with a Pool 78 $784,106 40 days
Reduced Price Homes 21 $430,061 38 days