Chesapeake Central, Norfolk, VA—23503
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$305,000
1.2% YoY Growth
Household Income
$62,400
18.0% YoY Growth
Days on Market
50
12.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,400
6.5% YoY Growth
1-Bed Rent
$1,100
0.9% YoY Growth
2-Bed Rent
$1,400
5.0% YoY Growth
3-Bed Rent
$2,100
8.0% YoY Growth
Home Price Trends — Chesapeake Central, Norfolk, VA
As of Nov '25, the median home price in Chesapeake Central, Norfolk, VA is $305,000, with a year-over-year change of 1.2%. This indicates that home prices in Chesapeake Central, Norfolk, VA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $305,000 | 1.2% |
| Single Family | $310,000 | 1.0% |
| Condos | $251,000 | 2.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |