Chesapeake, VA

Seller's market+16.4% YoY

Housing market overview · Updated weekly

$425,000median sale price

Homes sold

255

Last 12 weeks

Days on market

54

Average pace

Active listings

448

1.8 months supply

Sale-to-list

99.3%

Below asking

The Chesapeake housing market is currently classified as a seller's market with a median sale price of $425,000. Prices have risen 16.4% compared to last year, with homes spending an average of 54 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Chesapeake

There are currently 448 homes listed for sale in Chesapeake, Virginia. The median listing price is $409K. Featured listings range from $270,000 to $850,000.

3 bedroom house for sale at 1229 Decatur St Chesapeake 23324 - $270,000
New listing
16
$270,000

1229 Decatur St

Chesapeake, VA 23324

3 bd2 ba1,332 sqft
House8,843 sqft lot
Est. $249KSold 2023 for $235K
More about this property
4 bedroom house for sale at 616 Leonard Ave Chesapeake 23324 - $350,000
New listing
44
$350,000

616 Leonard Ave

Chesapeake, VA 23324

4 bd3 ba2,000 sqft
House
Est. $316K
More about this property
3 bedroom townhouse for sale at 1705 Foremast Loop Chesapeake 23323 - $385,000
New listing
33
$385,000

1705 Foremast Loop

Chesapeake, VA 23323

3 bd3 ba1,720 sqft
Townhouse436 sqft lot
Est. $381KSold 2020 for $278K
More about this property
4 bedroom house for sale at 4225 Coffman Blvd Chesapeake 23321 - $399,900
New listing
38
$399,900

4225 Coffman Blvd

Chesapeake, VA 23321

4 bd3 ba1,720 sqft
House16,117 sqft lot
Sold 2020 for $272K
More about this property
3 bedroom house for sale at 211 Diamond Ave Chesapeake 23323 - $415,000
New listing
25
$415,000

211 Diamond Ave

Chesapeake, VA 23323

3 bd3 ba1,850 sqft
House3,920 sqft lot
Est. $398KSold 2023 for $370K

Taylor Dirk · Iron Valley Real Est. Prestige

More about this property
4 bedroom house for sale at 4606 Lola B Ct Chesapeake 23321 - $473,000
New listing
47
$473,000

4606 Lola B Ct

Chesapeake, VA 23321

4 bd2 ba2,000 sqft
House14,810 sqft lot
Est. $472KSold 2023 for $437K
More about this property
3 bedroom townhouse for sale at 2212 Edwin Dr Chesapeake 23322 - $564,990
New listingNew build
26
$564,990

2212 Edwin Dr

Chesapeake, VA 23322

3 bd3 ba2,314 sqft
Townhouse
More about this property
4 bedroom townhouse for sale at 2009 Munro Ln Chesapeake 23322 - $593,740
New listingNew build
24
$593,740

2009 Munro Ln

Chesapeake, VA 23322

4 bd3 ba2,433 sqft
Townhouse
More about this property
5 bedroom house for sale at 504 Aguila Dr Chesapeake 23322 - $657,884
New listing
42
$657,884

504 Aguila Dr

Chesapeake, VA 23322

5 bd3 ba3,084 sqft
House
Est. $644KSold 2022 for $560K
More about this property
5 bedroom house for sale at 613 Royal Grant Dr Chesapeake 23322 - $685,000
New listing
46
$685,000

613 Royal Grant Dr

Chesapeake, VA 23322

5 bd4 ba3,412 sqft
House12,197 sqft lot
Est. $627KSold 1990 for $149K
More about this property
5 bedroom house for sale at 809 Falls Creek Dr Chesapeake 23322 - $749,000
New listing
50
$749,000

809 Falls Creek Dr

Chesapeake, VA 23322

5 bd3 ba3,447 sqft
House11,761 sqft lot
Est. $729KSold 2004 for $346K
More about this property
5 bedroom house for sale at 827 Waterfall Way Chesapeake 23322 - $850,000
New listing
50
$850,000

827 Waterfall Way

Chesapeake, VA 23322

5 bd4 ba3,658 sqft
House14,985 sqft lot
Est. $773KSold 2012 for $480K
More about this property

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Active listings

448

Homes on market

Median list price

$409K

Avg. days on market

54

Days until sale

New this week

283

Newly listed

Price drops:17.6%of listings
Sale-to-list:99.3%

Explore nearby cities in VA

Frequently asked questions

What is the average home price in Chesapeake?

The median home sale price in Chesapeake is $425,000, up 16.4% from last year.

How long do homes stay on market in Chesapeake?

Homes typically spend 54 days on market before going under contract.

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

With 1.8 months of supply, Chesapeake is currently a seller's market.

How many homes are for sale in Chesapeake?

There are currently 448 homes listed for sale in Chesapeake, VA.

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