Explore Chesapeake
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Why Live in Chesapeake
The Great Dismal Swamp National Wildlife Refuge beckons nature lovers with extensive hiking trails and prime kayaking waters, while the Chesapeake Arboretum showcases themed gardens and walking paths. Northwest River Park provides camping, fishing, and boating opportunities alongside Oak Grove Lake Park's scenic waterfront and playground facilities. The city's dining scene features distinctive local establishments like Ang Sushi Bistro, known for innovative Asian fusion, and Cutlass Grille, serving Jamaican and Southern BBQ specialties. The Butcher's Son Chop House and Amber Lantern Restaurant deliver upscale dining experiences with locally sourced ingredients.
The Chesapeake housing market includes diverse options across several established neighborhoods. The median price for single family homes in Great Bridge is $555,000, while Greenbrier East commands $525,000. Western Branch presents more moderate pricing with a median of $445,000 for single family homes. South Norfolk and Indian River provide more affordable options, with median single family home prices of $300,000 and $320,000 respectively. Condominiums start at a median price of $191,000 for one bedroom units and $255,000 for two bedrooms.
Chesapeake maintains a favorable property tax rate of 0.82%, lower than Norfolk at 1.01% and Portsmouth at 1.07%. The city contains several highly rated schools, including Grassfield High School serving Great Bridge. Private education options include Veritas Collegiate Academy and St. Matthew's Catholic School, both rated A plus by Niche. Commute times to neighboring cities average 15 to 20 minutes to Norfolk and Virginia Beach via I 64, I 464, and I 664, with Hampton Roads Transit providing public transportation connections throughout the region.
Home Prices in Chesapeake, VA
The median home sale price in Chesapeake, VA is $425,000, up 26% year-over-year. Homes in Chesapeake sell in 32 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$425,000
|
Median Single Family Sale Price
$470,000
|
|
Median Townhouse Sale Price
$343,000
|
Median 2 Bedroom Sale Price
$259,250
|
|
Median 1 Bedroom Sale Price
$198,000
|
Average Price Per Sq Ft
$224
|
|
Number of Homes for Sale
622
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Last 12 months Home Sales
3,826
|
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Months of Supply
2.00
|
Median List Price
$440,000
|
|
Median Change From 1st List Price
0%
|
Median Home Sale Price YoY Change
26%
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Popular Home Searches in Chesapeake, VA
With its mix of rural charm and suburban comfort, Chesapeake is popular for its large lots and family-oriented communities.
- Looking for space? Browse homes with acreage or located on a corner lot.
- Need a practical layout? Explore ranch-style homes or single-story homes throughout the city.
- Prefer classic designs? Check out colonial style or craftsman style homes in established areas.
- Enjoy outdoor features? Look for listings with a deck or yard.
- Want comfort and function? Consider homes with air conditioning or a garage.