Call or Text (240) SELL-123
City / Town Overview

Chesapeake, VA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The Chesapeake, VA real estate market currently shows 676 active listings, with 7 pending sales. Homes are averaging 32.5 days on the market before going under contract.

Inventory has increased compared to last year, with 57 more homes available — giving buyers more choice.

Homes are selling faster, averaging 32.5 days on market compared to 32.9 days last year.

The median listing price has fallen 0.8% year-over-year, from $509,085 to $505,121.

Whether you are buying or selling in Chesapeake, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Chesapeake, VA and connect with motivated buyers & sellers.
Contact SELL123.com →

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
676
⇧ 9.2% vs 619 last year
Pending
7
1% pending ratio
Median Price
$505,121
⇩ 0.8% vs $509,085 last year
Average Price
$541,404
⇧ 4.2% vs $519,529 last year
Days on Market
32.5
⇩ 1.2% vs 33 days last year

Price Per Square Foot

Median $/sqft
$228
⇧ 2.2% vs $223/sqft last year
Median Home Size
2,220 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 %