Chesapeake Market Report

$466,146

AVERAGE PRICE OF 1,300 HOMES

$470,940

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

$215,956

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,589,952

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$550,406

AVERAGE PRICE OF 388 NEWLY BUILT HOMES

$546,243

AVERAGE PRICE OF 82 HOMES WITH A POOL

Average Home

Average Price $466,146
Avg Bedrooms 3.33 beds
Avg Bathrooms 2.22 baths

Average Price by Bedrooms

1 bedroom $152,000
2 bedrooms $209,998
3 bedrooms $335,596
4 bedrooms $441,384
5 bedrooms $604,140
Chesapeake Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 1,336 n/a n/a n/a 1,094
Average Price $461,244 n/a n/a n/a $446,563
Avg Price Change n/a n/a n/a n/a +0.74%
Median Price $410,051 n/a n/a n/a $388,338
Med Price Change n/a n/a n/a n/a +1.34%
Avg Bedrooms 3.66 beds n/a n/a n/a 3.17 beds
Avg Bathrooms 2.3 baths n/a n/a n/a 2.59 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Deep Creek 1 $299,000 32 days
Grassfield 256 $565,838 136 days
Hickory 159 $622,626 111 days
Indian River 189 $413,671 62 days
None 1 $199,900 42 days
Oscar Smith 205 $348,168 73 days
Western Branch 224 $446,726 48 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,300 $466,146 62 days
Reduced Price Homes 39 $470,940 28 days
Distressed Homes 16 $215,956 136 days
Multi-Million Dollar Homes 28 $2,589,952 390 days
Newly Built Homes 388 $550,406 115 days
Homes with a Pool 82 $546,243 32 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: August 11, 2022 Feed Last Updated: August 11, 2022

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2022 Virginia MLS Cooperative. All rights reserved.

©2022 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

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REIN update its listing on a daily basis. data last updated: August 11, 2022

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

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