Chesapeake City, VA

Better Homes & Gardens Real Estate

Chesapeake City, VA

Single-Family Homes

SeeVirginiaBeachVaHomes.com Admin@Yourfriendlyagent.net 757-654-5059

Mon Apr 28 2025
This week the median list price for Chesapeake City, VA is $577,400 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 327. Click here to stay informed with the Chesapeake City market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Median List Price		$577,400
Median Price of New Listings		$475,000
Per Square Foot		$230
Average Days on Market		96
Median Days on Market		35
Price Decreased		21%
Price Increased		6%
Relisted		10%
Inventory		327
Median Rent
Market Action		48
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$787,629	3,200	1 - 2.5 acres	4	3.5	1	3	8	105
$644,900	2,748	-	4	3	1	10	8	66
$502,500	2,321	-	4	2.5	28	21	18	28
$310,000	1,447	4,500 - 6,500 sqft	3	2	64	20	18	14

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$787,629	3,200	1 - 2.5 acres	4	3.5	1	3	8	105
$644,900	2,748	-	4	3	1	10	8	66
$502,500	2,321	-	4	2.5	28	21	18	28
$310,000	1,447	4,500 - 6,500 sqft	3	2	64	20	18	14

Median Price	Top $787,629	Upper $644,900	Lower $502,500	Bottom $310,000
Sq. Ft.	3,200	2,748	2,321	1,447
Lot Size	1 - 2.5 acres	-	-	4,500 - 6,500 sqft
Beds	4	4	4	3
Baths	3.5	3	2.5	2
Age	1	1	28	64
New	3	10	21	20
Absorbed	8	8	18	18
DOM	105	66	28	14

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