Home ValuePros

Market Intelligence · VA / Chesapeake

Chesapeake, VA 23323 Housing Market

The typical home in Chesapeake's 23323 ZIP code is worth $427,250, up 3.5% over the past year. Sellers are listing at a median of $477,500, and homes are spending a median of 30 days on the market.

Updated August 2026Median value$427K

The median home value in Chesapeake, VA 23323 is $427K 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 23323 range

$393K to $461K

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 23323 over the last 12 months: $413K in Aug 2025 to $427K in Aug 2026 (+3.5%).

Aug 2025$413K

Aug 2026$427K

The numbers

What is the 23323 housing market like?

Typical home value

$427K

Up3.5%YoY

Median list price

$478K

Up1.1%MoM

Days on market

30

Down14.3%MoM

Homes for sale

100

Up11.1%MoM

Price cuts

18.0%

Down30.8%MoM

New listings

64

Up14.3%MoM

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

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The comparison

How do 23323 home prices compare?

  • 23323$427,250
  • 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

Buyers in 23323 have 100 homes to choose from, and 64 new listings came to market in the recent period. The median list price of $477,500 sits above the typical home value of $427,250, which suggests many sellers are aiming high. That ambition shows up in the price cuts, with 18.0% of listings reduced. Even so, values are up 3.5% over the past year and homes move in a median of 30 days. For a seller, pricing accurately from the start matters more than testing the top of the range.

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