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Chesapeake

Why you'd want to live in Chesapeake

We don't want to toot our own horn, but Chesapeake has a lot to brag about! Although surrounded by various well-known cities within the Coastal Virginia area, Chesapeake stands out in many unique areas. Did you know? Chesapeake is consistently ranked by the FBI as one of the five safest cities of its size in the country. Coastal Virginia is ranked one of the top six regions in America for recreation. Chesapeake is ranked as one of the six best places to live by MONEY Magazine (for cities with 100,000+ population in the East). Chesapeake consists of more than 353 square miles of land area, which makes us the 11th largest city in the U.S. Chesapeake contains more miles of deepwater canals than any other city in the country. Chesapeake is a hotbed for professional athletes and notable people, including... Michael Cuddyer, professional baseball player for the Minnesota Twins, raised in Chesapeake. Alonzo Mourning, retired professional basketball player for the Miami Heat, raised in Chesapeake. Ricky Rudd, retired professional NASCAR race drive. BJ Upton, professional baseball player for the Tampa Bay Devil Rays, raised in Chesapeake. Justin Upton, professional baseball player for the Arizona Diamondbacks, raised in Chesapeake. David Wright, professional baseball player for the New York Mets, raised in Chesapeake. Darryl Tapp, professional football player for the Philadelphia Eagles, raised in Chesapeake. DeAngelo Hall, professional football player for the Washington Redskins, raised in Chesapeake. Bubba Blackhawk Walters, 4-time World Kickboxing Champion. Chris Richardson, finalist on American Idol Season Six, resides in Chesapeake. via visitchesapeake.com

Chesapeake Market Report

$532,624

AVERAGE PRICE OF 1,255 HOMES

$315,458

AVERAGE PRICE OF 28 DISTRESSED HOMES

$1,595,133

AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES

$671,604

AVERAGE PRICE OF 354 NEWLY BUILT HOMES

$707,819

AVERAGE PRICE OF 82 HOMES WITH A POOL

$499,302

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $532,624
Avg Bedrooms 3.53 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $157,450
2 bedrooms $268,246
3 bedrooms $396,712
4 bedrooms $560,341
5 bedrooms $716,104
Chesapeake Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,259 1,201 1,138 1,014 979
Average Price $527,640 $520,735 $515,093 $513,317 $507,966
Avg Price Change +1.33% +1.10% +0.35% +1.05% -0.24%
Median Price $500,331 $490,265 $478,316 $473,159 $465,021
Med Price Change +2.05% +2.50% +1.09% +1.75% +0.27%
Avg Bedrooms 3.52 beds 3.48 beds 3.43 beds 3.37 beds 3.36 beds
Avg Bathrooms 2.24 baths 2.23 baths 2.21 baths 2.18 baths 2.17 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hickory 236 $715,900 124 days
Total Homes Average Price Avg Days on Site
All Homes 1,255 $532,624 94 days
Distressed Homes 28 $315,458 84 days
Multi-Million Dollar Homes 36 $1,595,133 395 days
Newly Built Homes 354 $671,604 113 days
Homes with a Pool 82 $707,819 37 days
Reduced Price Homes 41 $499,302 34 days
Keller Williams Coastal Virginia Chesapeake | FJ REALTY
Frankie Johnson
1100 Volvo Parkway, Suite 200
Chesapeake, VA 23320
757-932-0406

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