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Sarah Mitchell

CNESRESABR

Compass Real Estate · Chesapeake City, MD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Chesapeake City, MD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Chesapeake City, MD Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$274,900median sale price

How is the Chesapeake City, MD housing market right now?

The median home sale price in Chesapeake City, MD is $274,900. Homes sell in an average of 64 days with 5 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Chesapeake City a buyer's or seller's market?

Leaning buyer's5.0 months of supply64 avg. days on market

Chesapeake City, MD is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 64 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

64

Average pace

Active listings

5

5.0 months supply

Sale-to-list

100.0%

Above asking

What does the Chesapeake City housing market data show?

Current housing market statistics for Chesapeake City, MD
MetricValue
Median sale price$274,900
Median list price$699,999
Average days on market64 days
Active inventory5 listings
Months of supply5.0 months
Sale-to-list price ratio100.0%
Median price per sq ft$245/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Chesapeake City by property type?

How the Chesapeake City, MD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Chesapeake City, MD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Condo / Co-op$275,000$320/sq ft114 days
Townhouse$274,900$245/sq ft164 days

Source: Redfin · Updated monthly

The Chesapeake City housing market is currently classified as a leaning buyer's with a median sale price of $274,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 64 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.2x provides context for how home values compare to local earning capacity.

Homes for sale in Chesapeake City

There are currently 5 homes listed for sale in Chesapeake City, Maryland. The median listing price is $700K.

Active listings

5

Homes on market

Median list price

$700K

Avg. days on market

64

Days until sale

New this week

1

Newly listed

Sale-to-list:100.0%

Who lives in Chesapeake City?

Population

778

Median income

$67,109/yr

Median age

57 years

Owner-occupied

75.8%

College grads

32.8%

Avg commute

25.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Chesapeake City?

Zillow home value

$417,970

Price-to-income

6.2x

Source: Zillow Research

What is it like to live in Chesapeake City?

Chesapeake City is a community of approximately 1K residents with a median age of 57 years.The median household income is $67,109, which represents a working-class community with solid middle-income opportunities. 32.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 75.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chesapeake City offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Chesapeake City?

3 schools tracked · 1,420 students

The largest public schools serving Chesapeake City, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Bohemia Manor High

Grades 9-12 · 606 students

Public

Bohemia Manor Middle

Grades 6-8 · 442 students

Public

Chesapeake City Elementary

Grades PK-5 · 372 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Chesapeake City, MD?

Want a head-to-head view? Compare Chesapeake City side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Chesapeake City?

The median home sale price in Chesapeake City is $274,900, down 0.0% from last year.

How long do homes stay on market in Chesapeake City?

Homes typically spend 64 days on market before going under contract.

What is the median income in Chesapeake City?

The median household income is $67,109 per year.

Is Chesapeake City a buyer's or seller's market?

With 5.0 months of supply, Chesapeake City is currently a leaning buyer's.

What is the Zillow home value estimate for Chesapeake City?

The Zillow Home Value Index (ZHVI) for Chesapeake City is $417,970, representing the typical home value in the area.

What is the median condo price in Chesapeake City?

The median condo/co-op sale price in Chesapeake City, MD is $275,000, based on the latest Redfin data.

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