Market Intelligence · VA / Chesapeake

Chesapeake, VA 23321 Housing Market

In Chesapeake, VA 23321, the typical home value is $404,205, up 3.5% over the past year. The median list price is $459,900, and homes have a median days on market of 30. That points to steady demand with firm asking prices.

Updated August 2026Median value$404K

The median home value in Chesapeake, VA 23321 is $404K as of August 2026, up 3.5% 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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Typical 23321 range

$372K to $437K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+3.5% over 12 months

Typical home value in 23321 over the last 12 months: $390K in Aug 2025 to $404K in Aug 2026 (+3.5%).

Aug 2025$390K

Aug 2026$404K

The numbers

What is the 23321 housing market like?

Typical home value

$404K

Up3.5%YoY

Median list price

$460K

Up2.2%MoM

Days on market

30

Down3.2%MoM

Homes for sale

134

Up14.5%MoM

Price cuts

17.2%

Up19.8%MoM

New listings

96

Up23.1%MoM

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

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The comparison

How do 23321 home prices compare?

  • 23321$404,205
  • Chesapeake$397,716
  • Virginia$330,987
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Chesapeake: 6 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

There are 134 homes for sale in 23321, with 96 new listings adding fresh choices for buyers. The median list price is $459,900, while the typical home value is $404,205 and is up 3.5% over the past year. A median days on market of 30 suggests homes are still moving at a steady clip. The 17.2% share of listings with a price cut shows some sellers are adjusting when the first ask misses. For a seller, condition and pricing matter more than testing the market.

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20% · $80,841

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