Chesapeake, VA—23321
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$404,000
2.8% YoY Growth
Household Income
$98,300
30.7% YoY Growth
Days on Market
30
3.0% Shorter YoY
Home Price Forecast
0.6%
Median Rent
$2,200
11.8% YoY Growth
1-Bed Rent
$1,420
40.8% YoY Growth
2-Bed Rent
$1,740
6.7% YoY Growth
3-Bed Rent
$2,400
14.1% YoY Growth
Home Price Trends — Chesapeake, VA
As of May '26, the median home price in Chesapeake, VA is $404,000, with a year-over-year change of 2.8%. This indicates that home prices in Chesapeake, VA are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $404,000 | 2.8% |
| Single Family | $422,000 | 2.7% |
| Condos | $281,000 | -6.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |