Home Values

Chesapeake Beach Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$353,900

  • 2.0% 1-year change
  • 2.0% 1-year forecast

The median home value in Chesapeake Beach is $353,900. Chesapeake Beach home values have gone up 2.0% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Chesapeake Beach is $213, which is higher than the Virginia Beach average of $148. The median price of homes currently listed in Chesapeake Beach is $425,000 while the median price of homes that sold is $319,154. The median rent price in Chesapeake Beach is $1,349, which is higher than the Virginia Beach median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In Chesapeake Beach 3.5 homes are foreclosed (per 10,000). This is lower than the Virginia Beach value of 5.5 and also lower than the national value of 3.9

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Relative ZHVI
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Chesapeake Beach Market Overview

Data through Feb 28, 2015
  • $353,900 ZHVI
  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Feb 29, 2016)
  • $425,000 Median listing price
  • No recent data Median sale price
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Chesapeake Beach Market Health

Data through Feb 28, 2015
  • 4.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

3.5 homes Chesapeake Beach
5.5 homes Virginia Beach
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Broad Bay Colony $666,700
Alanton $413,600
Thoroughgood $338,500
Name Median ZHVI
Lynnhaven Shores $337,100
Great Neck $320,900
Kings Grant $318,000
Name Median ZHVI
Pembroke $278,200
Kempsville $208,400
Bayside $197,800

Listings & Sales

Data through Feb 28, 2015
  • $213 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.4% Listings with price cut
18.3%
Sold below listing
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Chesapeake Beach Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,771 Chesapeake Beach
    $1,562 Virginia Beach
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,349 Rent list price
  • $1.18 Rent list price / sq ft
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