Chesapeake, VA monthly real estate update

Stacker compiled statistics about real estate prices in Chesapeake city using data from realtor.com. Statistics are as of May 2023.

The median listing price in the United States was $441,445 in May, which is 0.91% higher than a year ago. Chesapeake city has the 57th highest median listing price per square foot out of 124 counties in Virginia. Chesapeake also has the fifth highest active listings in the state.

Chesapeake city real estate by the numbers
- Median list price: $440,700
--- 4.2% decrease from April
--- 7.5% increase from a year ago
- Active listing count: 351 (346 new listings)
- Median days on the market: 24 days
- Price increased count: 4
- Price reduced count: 66
- Median listing price per square foot: $201.0 per square foot

Counties with the highest median listing price in Virginia
#1. Falls Church city: $1,075,000
#2. Arlington County: $912,000
#3. Fairfax County: $861,225
#4. Loudoun County: $850,000
#5. Alexandria city: $807,500

Counties with the lowest median listing price in Virginia
#1. Buchanan County: $64,725
#2. Dickenson County: $78,400
#3. Martinsville city: $123,475
#4. Wise County: $129,950
#5. Smyth County: $131,250