Housing Prices in Chesapeake, VA
How much do homes in Chesapeake, VA cost?
Median List Price
$414,279
$208/sqft
Based on all homes listed in February 2024.
Difference Since Last Month
Summary: The median home list price in Chesapeake was $414,279 in February 2024, up 0.7% from the previous month, and the median price per square foot was $208.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135.9K | $135.9K | 0.0% |
2 Bedrooms | $231.5K | $235K | +1.5% |
3 Bedrooms | $324.9K | $332.3K | +2.3% |
4 Bedrooms | $499.9K | $499.9K | 0.0% |
5+ Bedrooms | $659.8K | $651.6K | -1.2% |
Summary: Chesapeake housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.2%.
Median List Price Compared To Nearby Cities
Norfolk | $316K | $319.5K | +1.1% |
Chesapeake | $411.2K | $414.2K | +0.7% |
Portsmouth | $258.7K | $260.5K | +0.7% |
Virginia Beach | $399.9K | $399.9K | 0% |
Knotts Island | $339.9K | $339.9K | 0.0% |
Housing Supply in Chesapeake, VA
How many homes are available in Chesapeake, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1,085 | 1,221 | +12.5% |
Summary: The Chesapeake real estate market had 1,221 homes for sale in February 2024, a 12.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 11 | +10.0% |
2 Bedrooms | 72 | 82 | +13.9% |
3 Bedrooms | 366 | 409 | +11.7% |
4 Bedrooms | 455 | 508 | +11.6% |
5+ Bedrooms | 182 | 211 | +15.9% |
Summary: The Chesapeake housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 15.9%.
Days on Market for Chesapeake, VA
How long does it take to sell a home in Chesapeake, VA?
Average Listing Age
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
93 Days | 93 Days | 0.4% |
Summary: Homes in Chesapeake had an average listing age of 93 days in Feb 2024, up by 0.4% compared to the previous month.