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  • Chesapeake Market Report

    $353,668

    AVERAGE PRICE OF 2,209 HOMES

    $206,974

    AVERAGE PRICE OF 105 DISTRESSED HOMES

    $1,879,020

    AVERAGE PRICE OF 25 MULTI-MILLION DOLLAR HOMES

    $398,199

    AVERAGE PRICE OF 696 NEWLY BUILT HOMES

    $470,267

    AVERAGE PRICE OF 162 HOMES WITH A POOL

    $369,923

    AVERAGE PRICE OF 63 REDUCED PRICE HOMES

    Average Home

    Average Price $353,668
    Avg Bedrooms 3.5 beds
    Avg Bathrooms 2.16 baths

    Average Price by Bedrooms

    1 bedroom $115,000
    2 bedrooms $169,910
    3 bedrooms $255,180
    4 bedrooms $368,799
    5 bedrooms $451,510
    Chesapeake Home Price Trends
      5/2019 4/2019 3/2019 2/2019 1/2019
    Total Listings 2,211 2,068 1,911 1,829 1,778
    Average Price $357,963 $355,343 $350,425 $346,307 $345,567
    Avg Price Change +0.74% +1.40% +1.19% +0.21% +1.19%
    Median Price $339,231 $337,184 $331,741 $325,568 $324,820
    Med Price Change +0.61% +1.64% +1.90% +0.23% +2.81%
    Avg Bedrooms 3.52 beds 3.5 beds 3.46 beds 3.43 beds 3.44 beds
    Avg Bathrooms 2.18 baths 2.17 baths 2.15 baths 2.14 baths 2.13 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 406 $389,471 108 days
    Hickory 283 $481,981 96 days
    Indian River 284 $283,491 63 days
    Oscar Smith 363 $286,054 95 days
    Western Branch 374 $319,066 87 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,209 $353,668 91 days
    Distressed Homes 105 $206,974 117 days
    Multi-Million Dollar Homes 25 $1,879,020 235 days
    Newly Built Homes 696 $398,199 107 days
    Homes with a Pool 162 $470,267 63 days
    Reduced Price Homes 63 $369,923 53 days