Chesapeake Market Report
$527,172
AVERAGE PRICE OF 1,302 HOMES$317,711
AVERAGE PRICE OF 30 DISTRESSED HOMES$1,609,994
AVERAGE PRICE OF 34 MULTI-MILLION DOLLAR HOMES$668,502
AVERAGE PRICE OF 351 NEWLY BUILT HOMES$708,116
AVERAGE PRICE OF 95 HOMES WITH A POOL$485,498
AVERAGE PRICE OF 52 REDUCED PRICE HOMESAverage Home
| Average Price | $527,172 |
| Avg Bedrooms | 3.53 beds |
| Avg Bathrooms | 2.24 baths |
Average Price by Bedrooms
| 1 bedroom | $157,450 |
| 2 bedrooms | $266,552 |
| 3 bedrooms | $392,104 |
| 4 bedrooms | $556,282 |
| 5 bedrooms | $711,260 |
Chesapeake Home Price Trends
| 6/2025 | 5/2025 | 4/2025 | 3/2025 | 2/2025 | |
|---|---|---|---|---|---|
| Total Listings | 1,259 | 1,201 | 1,138 | 1,014 | 979 |
| Average Price | $527,640 | $520,735 | $515,093 | $513,317 | $507,966 |
| Avg Price Change | +1.33% | +1.10% | +0.35% | +1.05% | -0.24% |
| Median Price | $500,331 | $490,265 | $478,316 | $473,159 | $465,021 |
| Med Price Change | +2.05% | +2.50% | +1.09% | +1.75% | +0.27% |
| Avg Bedrooms | 3.52 beds | 3.48 beds | 3.43 beds | 3.37 beds | 3.36 beds |
| Avg Bathrooms | 2.24 baths | 2.23 baths | 2.21 baths | 2.18 baths | 2.17 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hickory | 238 | $714,629 | 122 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,302 | $527,172 | 90 days |
| Distressed Homes | 30 | $317,711 | 82 days |
| Multi-Million Dollar Homes | 34 | $1,609,994 | 415 days |
| Newly Built Homes | 351 | $668,502 | 112 days |
| Homes with a Pool | 95 | $708,116 | 33 days |
| Reduced Price Homes | 52 | $485,498 | 33 days |
