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  • Chesapeake Market Report

    $355,263

    AVERAGE PRICE OF 2,064 HOMES

    $217,710

    AVERAGE PRICE OF 103 DISTRESSED HOMES

    $1,836,092

    AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

    $400,666

    AVERAGE PRICE OF 666 NEWLY BUILT HOMES

    $485,034

    AVERAGE PRICE OF 150 HOMES WITH A POOL

    $353,887

    AVERAGE PRICE OF 64 REDUCED PRICE HOMES

    Average Home

    Average Price $355,263
    Avg Bedrooms 3.42 beds
    Avg Bathrooms 2.15 baths

    Average Price by Bedrooms

    1 bedroom $104,975
    2 bedrooms $179,049
    3 bedrooms $258,977
    4 bedrooms $373,281
    5 bedrooms $472,629
    Chesapeake Home Price Trends
      7/2019 6/2019 5/2019 4/2019 3/2019
    Total Listings n/a 2,228 2,211 2,068 1,911
    Average Price n/a $353,372 $357,963 $355,343 $350,425
    Avg Price Change n/a -1.30% +0.74% +1.40% +1.19%
    Median Price n/a $336,067 $339,231 $337,184 $331,741
    Med Price Change n/a -0.94% +0.61% +1.64% +1.90%
    Avg Bedrooms n/a 3.5 beds 3.52 beds 3.5 beds 3.46 beds
    Avg Bathrooms n/a 2.17 baths 2.18 baths 2.17 baths 2.15 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 377 $394,702 123 days
    Hickory 293 $481,401 102 days
    Indian River 272 $282,446 64 days
    Oscar Smith 354 $285,035 96 days
    Western Branch 336 $326,223 100 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,064 $355,263 99 days
    Distressed Homes 103 $217,710 121 days
    Multi-Million Dollar Homes 27 $1,836,092 251 days
    Newly Built Homes 666 $400,666 122 days
    Homes with a Pool 150 $485,034 67 days
    Reduced Price Homes 64 $353,887 70 days