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Market Intelligence · VA / Chesapeake city

Chesapeake, VA housing market

6 ZIP markets liveData updated August 2026Typical value$398K1-yr changeUp3.6%

The median home value in Chesapeake, VA is $398K as of August 2026, up 3.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Chesapeake, by the numbers.

Typical home valueZillow ZHVI, August 2026
$398K
1-yr changeMedian across Chesapeake ZIPs
+3.6%
ZIP markets live9 tracked in Chesapeake
6
County
Chesapeake city

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12-month value trend

+3.6% over 12 months

Typical home value in Chesapeake over the last 12 months: $384K in Aug 2025 to $398K in Aug 2026 (+3.6%).

Aug 2025$384K

Aug 2026$398K

Median Zillow home value index across Chesapeake's ZIP codes.

Context

The typical Chesapeake home carries a Zillow value of $397,716 as of August 2026, a 12-month move of +3.6%. Realtor.com's August 2026 listing data shows 769 homes on the market, 428 newly listed, and a median asking price of $444,950. The median listing spends 32 days on market, and 22.7% of active listings have reduced their asking price. The picture is a climbing market where values have gained meaningfully over the last twelve months.

The numbers

What is the housing market like in Chesapeake, VA?

Typical home value

$398K

Up3.6%YoY

Median list price

$445K

Days on market

32

Homes for sale

769

Price cuts

22.7%

New listings

428

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Chesapeake's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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The markets

Which Chesapeake ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 9 Chesapeake ZIP codes in total; the remaining 3 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

Who are the top real estate agents in Chesapeake?

Top real estate agents in Chesapeake, VA

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Nearby markets

More Virginia housing markets.

The market is moving

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