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Featured local agent — Chesapeake, WV
Sarah Mitchell
Compass Real Estate · Chesapeake, WV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chesapeake, WV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$135,000median sale price
How is the Chesapeake, WV housing market right now?
The median home sale price in Chesapeake, WV is $135,000. Homes sell in an average of 21 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chesapeake a buyer's or seller's market?
Chesapeake, WV is currently a seller's market, based on 1.0 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
21
Average pace
Active listings
1
1.0 months supply
Sale-to-list
91.5%
Below asking
What does the Chesapeake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $135,000 |
| Median list price | $189,000 |
| Average days on market | 21 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 91.5% |
| Median price per sq ft | $105/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chesapeake by property type?
How the Chesapeake, WV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $135,000 | $105/sq ft | 1 | 21 days |
Source: Redfin · Updated monthly
The Chesapeake housing market is currently classified as a seller's market with a median sale price of $135,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 21 days on market, indicating 1.0 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 1.6x provides context for how home values compare to local earning capacity.
Homes for sale in Chesapeake
There are currently 1 homes listed for sale in Chesapeake, West Virginia. The median listing price is $189K.
Active listings
1
Homes on market
Median list price
$189K
Avg. days on market
21
Days until sale
New this week
1
Newly listed
Who lives in Chesapeake?
Population
1,615
Median income
$60,526/yr
Median age
41.2 years
Owner-occupied
74.5%
College grads
14.7%
Avg commute
22.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Chesapeake?
Zillow home value
$94,973
Price-to-income
1.6x
Source: Zillow Research
What is it like to live in Chesapeake?
Chesapeake is a community of approximately 2K residents with a median age of 41.2 years.The median household income is $60,526, which represents a working-class community with solid middle-income opportunities. 14.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chesapeake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chesapeake?
1 schools tracked · 118 students
The largest public schools serving Chesapeake, WV 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.
Chesapeake Elementary School
Grades PK-5 · 118 students
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, WV?
Want a head-to-head view? Compare Chesapeake 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?
The median home sale price in Chesapeake is $135,000, down 0.0% from last year.
How long do homes stay on market in Chesapeake?
Homes typically spend 21 days on market before going under contract.
What is the median income in Chesapeake?
The median household income is $60,526 per year.
Is Chesapeake a buyer's or seller's market?
With 1.0 months of supply, Chesapeake is currently a seller's market.
What is the Zillow home value estimate for Chesapeake?
The Zillow Home Value Index (ZHVI) for Chesapeake is $94,973, representing the typical home value in the area.
How much does a single-family home cost in Chesapeake?
The median single-family home price in Chesapeake, WV is $135,000 (about $105 per square foot).
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