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Chesapeake Market Report

$477,762

AVERAGE PRICE OF 1,093 HOMES

$211,168

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,452,692

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$541,023

AVERAGE PRICE OF 378 NEWLY BUILT HOMES

$540,983

AVERAGE PRICE OF 68 HOMES WITH A POOL

$532,549

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $477,762
Avg Bedrooms 3.29 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $154,037
2 bedrooms $212,883
3 bedrooms $334,506
4 bedrooms $507,790
5 bedrooms $615,281
Chesapeake Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,126 1,170 1,240 1,303 1,334
Average Price $477,741 $475,776 $473,317 $466,719 $461,341
Avg Price Change +0.41% +0.52% +1.41% +1.17% n/a
Median Price $409,128 $406,635 $410,325 $410,165 $410,071
Med Price Change +0.61% -0.91% +0.04% +0.02% n/a
Avg Bedrooms 3.28 beds 3.29 beds 3.32 beds 3.33 beds 3.32 beds
Avg Bathrooms 2.05 baths 2.06 baths 2.08 baths 2.1 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 223 $568,726 149 days
Hickory 123 $649,382 154 days
Indian River 168 $405,271 78 days
Oscar Smith 191 $371,347 80 days
Western Branch 181 $434,521 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,093 $477,762 114 days
Distressed Homes 22 $211,168 129 days
Multi-Million Dollar Homes 30 $2,452,692 349 days
Newly Built Homes 378 $541,023 124 days
Homes with a Pool 68 $540,983 41 days
Reduced Price Homes 42 $532,549 41 days