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Chesapeake Market Report

$425,556

AVERAGE PRICE OF 1,184 HOMES

$233,850

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,730,235

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$514,728

AVERAGE PRICE OF 412 NEWLY BUILT HOMES

$526,048

AVERAGE PRICE OF 51 HOMES WITH A POOL

$289,539

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $425,556
Avg Bedrooms 3.21 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $145,000
2 bedrooms $203,782
3 bedrooms $318,815
4 bedrooms $456,869
5 bedrooms $581,720
Chesapeake Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 1,408 1,464 1,550 1,521
Average Price n/a $413,988 $410,220 $407,737 $411,135
Avg Price Change n/a +0.92% +0.61% -0.83% +0.42%
Median Price n/a $361,598 $362,748 $364,232 $366,296
Med Price Change n/a -0.32% -0.41% -0.57% +0.44%
Avg Bedrooms n/a 3.26 beds 3.3 beds 3.34 beds 3.39 beds
Avg Bathrooms n/a 2.02 baths 2.03 baths 2.06 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Grassfield 225 $541,336 175 days
Hickory 184 $547,201 118 days
Indian River 154 $334,617 60 days
Oscar Smith 185 $293,575 80 days
Western Branch 216 $377,825 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,184 $425,556 118 days
Distressed Homes 14 $233,850 132 days
Multi-Million Dollar Homes 18 $2,730,235 631 days
Newly Built Homes 412 $514,728 148 days
Homes with a Pool 51 $526,048 45 days
Reduced Price Homes 15 $289,539 38 days
Laura C. Rowe Real Estate Team | eXp Realty
Lynnhaven Parkway
VA
757-374-3758
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Tidewater Home Funding
Holly Cross
Mortgage Loan Consultant
(757) 305-8442

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REIN update its listing on a daily basis. data last updated: December 9, 2021

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