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City / Town Overview

Chesapeake, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The Chesapeake, VA real estate market currently shows 770 active listings, with 4 pending sales. Homes are averaging 39.8 days on the market before going under contract.

Inventory has increased compared to last year, with 97 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 39.8 days on market compared to 37.5 days last year.

The median listing price has fallen 1.9% year-over-year, from $509,338 to $499,441.

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Market Context

Market Context

Population: 249,659  ·  Density: 600.4/mi²  ·  Median household income: $96,814

Typical home value: $336,272  ·  Homeownership: 74.2%

Included Areas

Chesapeake: 23320, 23321, 23322, 23323, 23324, 23325, 23326, 23327, 23328

Area Map

Market Overview

Active Listings
770
⇧ 14.4% vs 673 last year
Pending
4
1% pending ratio
Median Price
$499,441
⇩ 1.9% vs $509,338 last year
Average Price
$521,835
⇧ 0.4% vs $519,845 last year
Days on Market
39.8
⇧ 6.1% vs 38 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 2.6% vs $221/sqft last year
Median Home Size
2,200 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %