Chesapeake, VA—23321
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$386,000
3.0% YoY Growth
Household Income
$98,300
30.7% YoY Growth
Days on Market
50
8.0% Shorter YoY
Home Price Forecast
1.8%
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 Nov '25, the median home price in Chesapeake, VA is $386,000, with a year-over-year change of 3.0%. This indicates that home prices in Chesapeake, VA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $386,000 | 3.0% |
| Single Family | $403,000 | 2.5% |
| Condos | $272,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |