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  • Chesapeake Market Report

    $335,670

    AVERAGE PRICE OF 2,378 HOMES

    $199,507

    AVERAGE PRICE OF 205 DISTRESSED HOMES

    $2,648,494

    AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

    $387,387

    AVERAGE PRICE OF 810 NEWLY BUILT HOMES

    $337,249

    AVERAGE PRICE OF 507 HOMES WITH A POOL

    $298,465

    AVERAGE PRICE OF 663 REDUCED PRICE HOMES

    Average Home

    Average Price $335,670
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.35 baths

    Average Price by Bedrooms

    1 bedroom $111,780
    2 bedrooms $159,909
    3 bedrooms $237,964
    4 bedrooms $354,686
    5 bedrooms $443,935
    Chesapeake Home Price Trends
      8/2017 7/2017 6/2017 5/2017 4/2017
    Total Listings 2,473 2,500 2,514 2,554 2,462
    Average Price $414,104 $430,193 $384,306 $335,602 $331,482
    Avg Price Change -3.89% +11.94% +14.51% +1.24% -0.10%
    Median Price $409,663 $424,841 $378,759 $324,736 $315,937
    Med Price Change -3.70% +12.17% +16.64% +2.79% +1.89%
    Avg Bedrooms 4.23 beds 4.4 beds 3.75 beds 3 beds 3 beds
    Avg Bathrooms 3.45 baths 3.61 baths 3.12 baths 2.36 baths 2.34 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Deep Creek 287 $302,934 n/a
    Grassfield 354 $406,790 n/a
    Indian River 359 $291,091 n/a
    Oscar Smith 482 $277,361 n/a
    Western Branch 411 $291,087 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 2,378 $335,670 n/a
    Distressed Homes 205 $199,507 n/a
    Multi-Million Dollar Homes 19 $2,648,494 n/a
    Newly Built Homes 810 $387,387 n/a
    Homes with a Pool 507 $337,249 n/a
    Reduced Price Homes 663 $298,465 n/a