• Andy Hubba
    757-515-3028

    Chesapeake Market Report

    $336,785

    AVERAGE PRICE OF 2,568 HOMES

    $181,161

    AVERAGE PRICE OF 182 DISTRESSED HOMES

    $2,751,178

    AVERAGE PRICE OF 19 MULTI-MILLION DOLLAR HOMES

    $381,488

    AVERAGE PRICE OF 866 NEWLY BUILT HOMES

    $339,103

    AVERAGE PRICE OF 556 HOMES WITH A POOL

    $311,459

    AVERAGE PRICE OF 581 REDUCED PRICE HOMES

    Average Home

    Average Price $336,785
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.36 baths

    Average Price by Bedrooms

    1 bedroom $102,899
    2 bedrooms $162,157
    3 bedrooms $234,215
    4 bedrooms $358,191
    5 bedrooms $444,373
    Chesapeake Home Price Trends
      4/2017 3/2017 2/2017 1/2017 12/2016
    Total Listings 2,462 2,242 2,125 2,026 1,606
    Average Price $331,482 $331,806 $326,276 $323,026 $319,313
    Avg Price Change -0.10% +1.69% +1.01% +1.16% +4.20%
    Median Price $315,937 $310,071 $299,235 $292,022 $297,663
    Med Price Change +1.89% +3.62% +2.47% -1.93% -0.95%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.34 baths 2.34 baths 2.31 baths 2.3 baths 2.27 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Grassfield 410 $403,540 n/a
    Great Bridge 306 $369,449 n/a
    Indian River 376 $289,669 n/a
    Oscar Smith 485 $274,272 n/a
    Western Branch 412 $283,105 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 2,568 $336,785 n/a
    Distressed Homes 182 $181,161 n/a
    Multi-Million Dollar Homes 19 $2,751,178 n/a
    Newly Built Homes 866 $381,488 n/a
    Homes with a Pool 556 $339,103 n/a
    Reduced Price Homes 581 $311,459 n/a