Housing Prices in Chesapeake, VA
How much do homes in Chesapeake, VA cost?
Median List Price
$436,693
$210/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Summary: The median home list price in Chesapeake was $436,693 in April 2024, up 1.6% from the previous month, and the median price per square foot was $210.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | - | N/A |
2 Bedrooms | $244.4K | $255K | +4.3% |
3 Bedrooms | $330.3K | $330K | -0.1% |
4 Bedrooms | $513.8K | $523.9K | +2.0% |
5+ Bedrooms | $649.9K | $649.9K | 0% |
Summary: Chesapeake housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Knotts Island | $355.4K | $550K | +54.7% |
Virginia Beach | $403K | $417.7K | +3.7% |
Chesapeake | $429.6K | $436.6K | +1.6% |
Norfolk | $319.9K | $325K | +1.6% |
Portsmouth | $262.5K | $265K | +0.9% |
Housing Supply in Chesapeake, VA
How many homes are available in Chesapeake, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,178 | 1,297 | +10.1% |
Summary: The Chesapeake real estate market had 1,297 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 89 | 113 | +27.0% |
3 Bedrooms | 372 | 403 | +8.3% |
4 Bedrooms | 509 | 553 | +8.6% |
5+ Bedrooms | 207 | 228 | +10.1% |
Summary: The Chesapeake housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 10.1%.
Days on Market for Chesapeake, VA
How long does it take to sell a home in Chesapeake, VA?
Average Listing Age
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 78 Days | -2.9% |
Summary: Homes in Chesapeake had an average listing age of 78 days in Apr 2024, down by 2.9% compared to the previous month.