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County Overview

Chesapeake County, VA

Aggregate real estate market report across county ZIPs
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The Chesapeake County, VA real estate market currently shows 700 active listings, with 5 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 35 days on market compared to 32 days last year.

The median listing price has risen 1.1% year-over-year, from $497,000 to $502,325.

Whether you are buying or selling in Chesapeake County, 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.

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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
700
⇧ 4.9% vs 667 last year
Pending
5
1% pending ratio
Median Price
$502,325
⇧ 1.1% vs $497,000 last year
Average Price
$545,200
⇧ 4.9% vs $519,600 last year
Days on Market
35
⇧ 9.4% vs 32 days last year

Price Per Square Foot

Median $/sqft
$227
⇧ 3.2% vs $220/sqft last year
Median Home Size
2,220 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 7% vs 0.2% last year
Price Increased
0%
⇧ 122.4%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

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 %