Population: 41,909 · Density: 197.5/mi² · Median household income: $99,407
Typical home value: $320,754 · Homeownership: 80.8%
Data as of January 2026. Source: Realtor.com.
The CHESAPEAKE, VA real estate market (23323) currently shows 73 active listings. Homes are averaging 45 days on the market before going under contract.
Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 45 days on market compared to 46 days last year.
The median listing price has risen 2.7% year-over-year, from $438,000 to $450,000.
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 $ |
|---|---|---|---|---|---|---|
| 23323 | Chesapeake, VA 23323 | 0.0 mi | 73 | $35,052,848 | $450,000 | $480,176 |
| 23702 | Portsmouth, VA 23702 | 7.2 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23322 | Chesapeake, VA 23322 | 8.3 mi | 144 | $101,792,448 | $664,000 | $706,892 |
| 23704 | Portsmouth, VA 23704 | 9.0 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23707 | Portsmouth, VA 23707 | 9.6 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23435 | Suffolk, VA 23435 | 10.6 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23510 | Norfolk, VA 23510 | 11.1 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23434 | Suffolk, VA 23434 | 11.7 mi | 176 | $70,559,808 | $375,000 | $400,908 |
| 23504 | Norfolk, VA 23504 | 12.1 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23464 | Virginia Beach, VA 23464 | 12.7 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23509 | Norfolk, VA 23509 | 13.7 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23432 | Suffolk, VA 23432 | 14.7 mi | 3 | $1,352,901 | $501,950 | $450,967 |
| 23436 | Suffolk, VA 23436 | 14.8 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
As of January 2026, there are 73 active listings in CHESAPEAKE, VA (zip code 23323), compared to 79 the prior year.
The median listing price in CHESAPEAKE, VA 23323 is $450,000 as of January 2026, a 2.7% increase from $438,000 the prior year.
Homes in CHESAPEAKE, VA 23323 spend an average of 45 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CHESAPEAKE, VA 23323 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 45 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in CHESAPEAKE, VA 23323 save an estimated $9,000 compared to a typical 5% commission on the median listing price of $450,000. 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.