Real Estate Price Maphome prices by county

Chesapeake City, VA home prices

Chesapeake City, VA: the typical home is worth $425,537 as of 2026-05, up +3.3% over the past year and +214.1% since 2000. Listings run about $228/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Chesapeake City is cooling and overvalued — affordable for what people here earn.

Momentum+3.3%Cooling
Valuation+11%Elevated
Affordability7/10Affordable
Market31 daysSeller's market

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $44,309 → 2026: $425,537 (9.6×) pre-2000 estimated via FHFA index

Typical value$425,5372026-05
1-year+3.3%
5-year+29.5%
10-year+63.7%
Since 2000+214.1%
Population254k2024
Median income$91,5822023 · 4.6× income
Median rent$2,042/mo2026 · 5.8% gross yield
New homes/yr5972024
Price / sq ft$228listings
Days on market312026-06
Active listings6752026-06
Price cuts19%of listings

Market read

At $425,537, homes in Chesapeake City sit 38% above the Virginia median ($309,032) and 82% above the US median ($233,954). That ranks #29 of 133 Virginia counties by price.

Prices are holding steady (+3.3% in the last year) — a balanced market.

Homes here move at a steady pace — a median 31 days on the market, with 19% of listings cutting their asking price.

At 4.6× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Rent and buy are close — ~$2,101/mo to buy (P&I, 20% down) vs $2,042/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Portsmouth City, VA ($267,078) · Virginia Beach City, VA ($429,580) · Norfolk City, VA ($312,843) · Suffolk City, VA ($389,731) · Camden County, NC ($398,753) · Hampton City, VA ($279,382)

Frequently asked questions

What is the average home price in Chesapeake City, VA?
The typical home in Chesapeake City is worth $425,537 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Chesapeake City rising or falling?
Prices are up +3.3% over the past year and +214.1% since 2000 — a balanced market.
Is Chesapeake City affordable?
At 4.6× the local median income of $91,582, Chesapeake City is pricier than the typical US county.
What is the rental yield in Chesapeake City?
Median rent is $2,042/mo — a gross rental yield of 5.8% on the typical home.
How fast do homes sell in Chesapeake City?
Homes here take a median of 31 days to sell, with 19% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$135,485
2001$141,290
2002$146,789
2003$159,085
2004$174,944
2005$214,290
2006$267,708
2007$286,606
2008$288,396
2009$271,981
2010$258,082
2011$247,205
2012$234,910
2013$241,242
2014$245,998
2015$250,035
2016$259,414
2017$265,550
2018$272,484
2019$276,460
2020$288,861
2021$313,948
2022$350,790
2023$373,235
2024$389,658
2025$410,617
2026$422,305