• Chesapeake Market Report

    $332,546

    AVERAGE PRICE OF 2,538 HOMES

    $182,870

    AVERAGE PRICE OF 197 DISTRESSED HOMES

    $2,863,088

    AVERAGE PRICE OF 17 MULTI-MILLION DOLLAR HOMES

    $378,682

    AVERAGE PRICE OF 864 NEWLY BUILT HOMES

    $335,263

    AVERAGE PRICE OF 552 HOMES WITH A POOL

    $298,975

    AVERAGE PRICE OF 532 REDUCED PRICE HOMES

    Average Home

    Average Price $332,546
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.34 baths

    Average Price by Bedrooms

    1 bedroom $108,971
    2 bedrooms $162,042
    3 bedrooms $231,608
    4 bedrooms $355,718
    5 bedrooms $445,428
    Chesapeake Home Price Trends
      3/2017 2/2017 1/2017 12/2016 11/2016
    Total Listings 2,242 2,125 2,026 1,606 1,496
    Average Price $331,806 $326,276 $323,026 $319,313 $306,431
    Avg Price Change +1.69% +1.01% +1.16% +4.20% -0.75%
    Median Price $310,071 $299,235 $292,022 $297,663 $300,493
    Med Price Change +3.62% +2.47% -1.93% -0.95% -0.85%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.34 baths 2.31 baths 2.3 baths 2.27 baths 2.22 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Grassfield 404 $404,839 n/a
    Great Bridge 295 $358,806 n/a
    Indian River 378 $285,143 n/a
    Oscar Smith 486 $270,620 n/a
    Western Branch 402 $280,526 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 2,538 $332,546 n/a
    Distressed Homes 197 $182,870 n/a
    Multi-Million Dollar Homes 17 $2,863,088 n/a
    Newly Built Homes 864 $378,682 n/a
    Homes with a Pool 552 $335,263 n/a
    Reduced Price Homes 532 $298,975 n/a