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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 HOMES

Average 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