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Chesapeake Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Chesapeake. Half the Zestimates are above this number and half are below it.

  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Chesapeake, or the asking price.

  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Chesapeake. Half the homes sold above this number and half sold below.

  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Chesapeake. Half the homes have rent prices above this number and half are below.

  • Total homes sold

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    Total homes sold
    Total number of homes sold in Chesapeake during the prior 30 days.

  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Chesapeake, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).

  • Median list price per sq. ft. ($)

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    Median list price per sq. ft. ($)
    Mid-point of Chesapeakes list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).

  • Median sale price per sq. ft. ($)

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    Median sale price per sq. ft. ($)
    Mid-point of Chesapeakes sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).

  • Median rent list price per sq. ft. ($)

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    Median rent list price per sq. ft. ($)
    Mid-point of Chesapeakes rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).

  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Chesapeake (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).

  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Chesapeake whose price has been reduced in the last 30 days.

  • Median price cut (%)

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    Median price cut (%)
    The mid-point of the percentage of price reduction for homes in Chesapeake whose prices have been reduced in the past full month.

  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Chesapeake that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.

  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).

  • Homes foreclosed

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    Homes foreclosed
    The number of homes in the Chesapeake per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.

  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Chesapeake where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).

  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Chesapeake whose values have increased in the past year.

  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Chesapeake whose value has fallen in the last year.

  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Chesapeake that were sold in the past 12 months.
  • 2.84%
  • -4.8%Y-o-Y
  • Calculated 02/01/2012*
  • *Includes data and transactions through 12/31/2011
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This data is not available for Chesapeake.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Dec 2011
44564
Chesapeake
-3.0%
-0.6%
-4.8%
2.84%
273098
Butts Station
-6.5%
-1.7%
1.8%
2.80%
273443
Deep Creek North
-2.3%
0.0%
12.8%
2.91%
273444
Deep Creek South
-2.7%
0.0%
7.0%
3.52%
273445
Deep Creek West/Dismal Swamp
-1.9%
0.0%
32.5%
3.49%
243919
Great Bridge
-3.2%
-2.5%
7.2%
3.21%
273873
Great Bridge East
-1.7%
0.6%
27.6%
2.99%
273892
Greenbrier East
-5.8%
-2.5%
-14.1%
2.65%
276353
Greenbrier West
-0.4%
13.2%
3.3%
3.72%
276389
Indian River
-1.6%
1.1%
-15.4%
2.51%
275053
Pleasant Grove East
-4.8%
17.7%
17.7%
2.60%
275054
Pleasant Grove West
-3.4%
-3.4%
-6.6%
2.29%
275448
South Norfolk
-1.2%
-1.8%
-32.1%
2.60%
276009
Western Branch North
-5.7%
-8.6%
-12.9%
2.31%
276010
Western Branch South
-6.4%
-12.8%
-25.0%
2.22%
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