Market Intelligence · VA / Chesapeake

Chesapeake, VA 23324 Housing Market

In Chesapeake, VA 23324, the typical home value is $286,335, up 2.6% over the past year. The median list price is $319,000, and homes spend a median of 32 days on market. There are 67 homes for sale.

Updated August 2026Median value$286K

The median home value in Chesapeake, VA 23324 is $286K as of August 2026, up 2.6% 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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Typical 23324 range

$263K to $309K

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

+2.6% over 12 months

Typical home value in 23324 over the last 12 months: $279K in Aug 2025 to $286K in Aug 2026 (+2.6%).

Aug 2025$279K

Aug 2026$286K

The numbers

What is the 23324 housing market like?

Typical home value

$286K

Up2.6%YoY

Median list price

$319K

Up1.1%MoM

Days on market

32

Down23.8%MoM

Homes for sale

67

Up13.6%MoM

Price cuts

27.7%

Down5.4%MoM

New listings

36

Flat0.0%MoM

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

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The comparison

How do 23324 home prices compare?

  • 23324$286,335
  • 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

Chesapeake, VA 23324 has 67 homes for sale and 36 new listings, so buyers have fresh options but not an overwhelming flood. The median list price is $319,000 while the typical home value is $286,335, up 2.6% over the past year. A median of 32 days on market suggests correctly priced homes can still move without a long wait. With 27.7% of listings showing a price cut, sellers should expect buyers to compare asking prices closely and push back on anything ambitious. The practical read is that the market is steady, but pricing discipline matters more than momentum.

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