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  • Chesapeake Market Report

    $335,475

    AVERAGE PRICE OF 2,043 HOMES

    $193,690

    AVERAGE PRICE OF 173 DISTRESSED HOMES

    $2,491,426

    AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

    $393,465

    AVERAGE PRICE OF 771 NEWLY BUILT HOMES

    $349,359

    AVERAGE PRICE OF 398 HOMES WITH A POOL

    $302,820

    AVERAGE PRICE OF 485 REDUCED PRICE HOMES

    Average Home

    Average Price $335,475
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.35 baths

    Average Price by Bedrooms

    1 bedroom $104,711
    2 bedrooms $160,088
    3 bedrooms $238,616
    4 bedrooms $357,526
    5 bedrooms $445,059
    Chesapeake Home Price Trends
      1/2018 12/2017 11/2017 10/2017 9/2017
    Total Listings 1,892 2,057 2,199 2,319 2,391
    Average Price $342,574 $298,470 $299,038 $268,473 $332,916
    Avg Price Change +14.78% -0.19% +11.38% -24.00% -24.39%
    Median Price $337,376 $293,349 $293,136 $262,368 $321,350
    Med Price Change +15.01% +0.07% +11.73% -22.48% -27.48%
    Avg Bedrooms 2.98 beds 2.5 beds 2.5 beds 2.15 beds 3 beds
    Avg Bathrooms 2.18 baths 2.18 baths 2.18 baths 1.63 baths 2.35 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Deep Creek 248 $305,861 107 days
    Grassfield 333 $429,323 109 days
    Indian River 266 $284,253 91 days
    Oscar Smith 411 $281,971 96 days
    Western Branch 380 $287,418 104 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 2,043 $335,475 101 days
    Distressed Homes 173 $193,690 120 days
    Multi-Million Dollar Homes 15 $2,491,426 319 days
    Newly Built Homes 771 $393,465 108 days
    Homes with a Pool 398 $349,359 81 days
    Reduced Price Homes 485 $302,820 139 days