Population: 38,586 · Density: 558.9/mi² · Median household income: $96,235
Typical home value: $334,259 · Homeownership: 76.2%
Data as of January 2026. Source: Realtor.com.
The CHESAPEAKE, VA real estate market (23321) currently shows 85 active listings, with 2 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 55 days on market compared to 52 days last year.
The median listing price has risen 4.9% year-over-year, from $431,350 to $452,500.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23321 | Chesapeake, VA 23321 | 0.0 mi | 85 | $38,078,725 | $452,500 | $447,985 |
| 23435 | Suffolk, VA 23435 | 4.1 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23707 | Portsmouth, VA 23707 | 5.4 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23704 | Portsmouth, VA 23704 | 6.3 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23507 | Norfolk, VA 23507 | 7.9 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23436 | Suffolk, VA 23436 | 8.1 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
| 23433 | Suffolk, VA 23433 | 8.3 mi | 9 | $7,102,143 | $690,000 | $789,127 |
| 23523 | Norfolk, VA 23523 | 8.6 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23432 | Suffolk, VA 23432 | 8.6 mi | 3 | $1,352,901 | $501,950 | $450,967 |
| 23325 | Chesapeake, VA 23325 | 10.2 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23505 | Norfolk, VA 23505 | 10.7 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23320 | Chesapeake, VA 23320 | 11.8 mi | 95 | $41,889,300 | $425,000 | $440,940 |
| 23314 | Carrollton, VA 23314 | 12.1 mi | 38 | $15,095,956 | $342,000 | $397,262 |
As of January 2026, there are 85 active listings in CHESAPEAKE, VA (zip code 23321), compared to 69 the prior year.
The median listing price in CHESAPEAKE, VA 23321 is $452,500 as of January 2026, a 4.9% increase from $431,350 the prior year.
Homes in CHESAPEAKE, VA 23321 spend an average of 55 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CHESAPEAKE, VA 23321 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in CHESAPEAKE, VA 23321 save an estimated $9,050 compared to a typical 5% commission on the median listing price of $452,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.