Chesapeake

Why you'd want to live in Chesapeake

Chesapeake is ideal for those who appreciate a slower pace and a more suburban atmosphere while still being close to the amenities of larger cities. It’s known for its expansive natural areas, including the Great Dismal Swamp National Wildlife Refuge, which offers hiking, kayaking, and wildlife viewing. Families often gravitate toward Chesapeake for its spacious homes, well-regarded schools, and strong sense of local pride. The city also has a growing business community and is well-connected by major highways, making commuting to nearby areas like Norfolk or Virginia Beach relatively easy. Its blend of nature and development creates a balanced lifestyle that appeals to many.

Chesapeake Market Report

$551,451

AVERAGE PRICE OF 1,195 HOMES

$305,680

AVERAGE PRICE OF 33 DISTRESSED HOMES

$1,694,450

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$678,053

AVERAGE PRICE OF 291 NEWLY BUILT HOMES

$809,426

AVERAGE PRICE OF 100 HOMES WITH A POOL

$519,908

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $551,451
Avg Bedrooms 3.57 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $378,580
2 bedrooms $283,934
3 bedrooms $394,263
4 bedrooms $578,780
5 bedrooms $735,919
Chesapeake Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 1,122 1,017 1,001 973 1,078
Average Price $540,536 $530,648 $534,756 $524,552 $529,741
Avg Price Change +1.86% -0.77% +1.95% -0.99% +0.10%
Median Price $497,720 $489,547 $504,148 $500,141 $499,761
Med Price Change +1.67% -2.98% +0.80% +0.08% -0.28%
Avg Bedrooms 3.5 beds 3.4 beds 3.47 beds 3.48 beds 3.5 beds
Avg Bathrooms 2.27 baths 2.21 baths 2.24 baths 2.23 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hickory 223 $724,396 78 days
Total Homes Average Price Avg Days on Site
All Homes 1,195 $551,451 79 days
Distressed Homes 33 $305,680 97 days
Multi-Million Dollar Homes 43 $1,694,450 301 days
Newly Built Homes 291 $678,053 91 days
Homes with a Pool 100 $809,426 35 days
Reduced Price Homes 56 $519,908 36 days

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Boyd Realty Partners
313 Office Square Ln, Ste 200-C
Virginia Beach, VA 23462
Direct: (757) 330-1332

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