Chesapeake Market Report
$436,182
AVERAGE PRICE OF 971 HOMES$202,300
AVERAGE PRICE OF 13 DISTRESSED HOMES$2,412,333
AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES$514,815
AVERAGE PRICE OF 360 NEWLY BUILT HOMES$616,960
AVERAGE PRICE OF 38 HOMES WITH A POOL$380,411
AVERAGE PRICE OF 9 REDUCED PRICE HOMESAverage Home
| Average Price | $436,182 |
| Avg Bedrooms | 3.19 beds |
| Avg Bathrooms | 2.02 baths |
Average Price by Bedrooms
| 1 bedroom | $139,000 |
| 2 bedrooms | $203,527 |
| 3 bedrooms | $327,077 |
| 4 bedrooms | $464,604 |
| 5 bedrooms | $596,726 |
Chesapeake Home Price Trends
| 12/2021 | 11/2021 | 10/2021 | 9/2021 | 8/2021 | |
|---|---|---|---|---|---|
| Total Listings | 1,133 | n/a | 1,408 | 1,464 | 1,550 |
| Average Price | $429,578 | n/a | $413,988 | $410,220 | $407,737 |
| Avg Price Change | n/a | n/a | +0.92% | +0.61% | -0.83% |
| Median Price | $375,687 | n/a | $361,598 | $362,748 | $364,232 |
| Med Price Change | n/a | n/a | -0.32% | -0.41% | -0.57% |
| Avg Bedrooms | 3.22 beds | n/a | 3.26 beds | 3.3 beds | 3.34 beds |
| Avg Bathrooms | 2 baths | n/a | 2.02 baths | 2.03 baths | 2.06 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Grassfield | 182 | $572,652 | 168 days |
| Hickory | 151 | $571,737 | 110 days |
| Indian River | 139 | $327,814 | 65 days |
| Oscar Smith | 134 | $327,082 | 84 days |
| Western Branch | 199 | $377,399 | 115 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 971 | $436,182 | 118 days |
| Distressed Homes | 13 | $202,300 | 172 days |
| Multi-Million Dollar Homes | 19 | $2,412,333 | 462 days |
| Newly Built Homes | 360 | $514,815 | 143 days |
| Homes with a Pool | 38 | $616,960 | 54 days |
| Reduced Price Homes | 9 | $380,411 | 63 days |
