South Norfolk (SoNo) · South Norfolk Historic District
Data as of March 2026. Source: Realtor.com.
The CHESAPEAKE, VA real estate market (23324) currently shows 49 active listings. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.
Homes are selling faster, averaging 31 days on market compared to 44 days last year.
The median listing price has risen 9.9% year-over-year, from $273,000 to $299,900.
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.
Population: 22,843 · Density: 1,325.3/mi² · Median household income: $57,636
Typical home value: $219,673 · Homeownership: 55.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23324 | Chesapeake, VA 23324 | 0.0 mi | 43 | $11,913,193 | $268,725 | $277,051 |
| 23523 | Norfolk, VA 23523 | 2.3 mi | 14 | $4,144,252 | $277,500 | $296,018 |
| 23702 | Portsmouth, VA 23702 | 2.9 mi | 35 | $8,184,155 | $223,724 | $233,833 |
| 23504 | Norfolk, VA 23504 | 4.0 mi | 50 | $15,302,500 | $280,000 | $306,050 |
| 23707 | Portsmouth, VA 23707 | 4.6 mi | 37 | $10,476,328 | $280,950 | $283,144 |
| 23517 | Norfolk, VA 23517 | 4.9 mi | 7 | $2,218,146 | $277,975 | $316,878 |
| 23464 | Virginia Beach, VA 23464 | 5.3 mi | 64 | $26,882,176 | $405,000 | $420,034 |
| 23509 | Norfolk, VA 23509 | 5.7 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23513 | Norfolk, VA 23513 | 6.5 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23703 | Portsmouth, VA 23703 | 7.7 mi | 61 | $20,728,044 | $340,950 | $339,804 |
| 23321 | Chesapeake, VA 23321 | 8.1 mi | 86 | $38,757,018 | $461,000 | $450,663 |
| 23518 | Norfolk, VA 23518 | 8.7 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23503 | Norfolk, VA 23503 | 10.2 mi | 74 | $32,849,118 | $349,675 | $443,907 |
As of March 2026, there are 49 active listings in CHESAPEAKE, VA (zip code 23324), compared to 42 the prior year.
The median listing price in CHESAPEAKE, VA 23324 is $299,900 as of March 2026, a 9.9% increase from $273,000 the prior year.
Homes in CHESAPEAKE, VA 23324 spend an average of 31 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of March 2026, CHESAPEAKE, VA 23324 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in CHESAPEAKE, VA 23324 save an estimated $5,998 compared to a typical 5% commission on the median listing price of $299,900. 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.