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  • Chesapeake Market Report

    $353,721

    AVERAGE PRICE OF 1,993 HOMES

    $222,080

    AVERAGE PRICE OF 117 DISTRESSED HOMES

    $1,818,507

    AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

    $397,622

    AVERAGE PRICE OF 674 NEWLY BUILT HOMES

    $522,587

    AVERAGE PRICE OF 119 HOMES WITH A POOL

    $324,577

    AVERAGE PRICE OF 46 REDUCED PRICE HOMES

    Average Home

    Average Price $353,721
    Avg Bedrooms 3.42 beds
    Avg Bathrooms 2.15 baths

    Average Price by Bedrooms

    1 bedroom $103,600
    2 bedrooms $175,393
    3 bedrooms $260,274
    4 bedrooms $371,888
    5 bedrooms $473,023
    Chesapeake Home Price Trends
      9/2019 8/2019 7/2019 6/2019 5/2019
    Total Listings 1,996 2,073 2,153 2,228 2,211
    Average Price $357,736 $355,994 $354,852 $353,372 $357,963
    Avg Price Change +0.49% +0.32% +0.42% -1.30% +0.74%
    Median Price $330,481 $330,577 $329,900 $336,067 $339,231
    Med Price Change -0.03% +0.21% -1.87% -0.94% +0.61%
    Avg Bedrooms 3.43 beds 3.42 beds 3.43 beds 3.5 beds 3.52 beds
    Avg Bathrooms 2.15 baths 2.15 baths 2.14 baths 2.17 baths 2.18 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Grassfield 358 $386,709 128 days
    Hickory 293 $479,457 117 days
    Indian River 264 $275,758 63 days
    Oscar Smith 347 $281,041 102 days
    Western Branch 316 $332,811 105 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,993 $353,721 104 days
    Distressed Homes 117 $222,080 103 days
    Multi-Million Dollar Homes 29 $1,818,507 268 days
    Newly Built Homes 674 $397,622 124 days
    Homes with a Pool 119 $522,587 79 days
    Reduced Price Homes 46 $324,577 59 days