Chesapeake, VA—23324
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$290,000
2.4% YoY Growth
Household Income
$57,800
37.5% YoY Growth
Days on Market
30
14.0% Shorter YoY
Home Price Forecast
0.7%
Median Rent
$1,750
2.9% YoY Growth
1-Bed Rent
$925
3.4% YoY Growth
2-Bed Rent
$1,250
4.6% YoY Growth
3-Bed Rent
$1,900
5.0% YoY Growth
Home Price Trends — Chesapeake, VA
As of May '26, the median home price in Chesapeake, VA is $290,000, with a year-over-year change of 2.4%. This indicates that home prices in Chesapeake, VA are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $290,000 | 2.4% |
| Single Family | $289,000 | 2.8% |
| Condos | $311,000 | 2.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |