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City-owned Homes And Land in Chesapeake, VA 23323

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Chesapeake, VA Foreclosures

How much do homes sell for in Chesapeake, VA?
The average home price is currently $446,961.
In Chesapeake, VA, how many homes are available?
There are currently 97 active home listings available in Chesapeake.
What’s the average rental cost in Chesapeake, VA?
The average rental price in Chesapeake is $1,884.
What is the most expensive home in Chesapeake?
The most expensive home sold in Chesapeake had a price of $190,722,296.
What is currently the cheapest priced home in Chesapeake, VA?
The cheapest home for sale in Chesapeake is priced at $10,191.

Living in Chesapeake, VA

Chesapeake, VA is a charming city that combines rich history with modern-day living. Known for its extensive park systems and waterways, it offers abundant opportunities for recreational activities. The city boasts strong educational institutions and a family-friendly environment, making it an attractive place to call home.

Current Market Conditions in Chesapeake, VA

The real estate market in Chesapeake remains strong, with an increasing demand for housing as more people seek the balance of city and suburban living. Prices have been trending upwards, reflecting the area's popularity and growth.

Recently, Chesapeake has seen a surge in new construction developments which is helping to meet the growing housing demand. Areas closer to major highways and amenities are experiencing quicker sales and higher property values.

Home Value Estimator For Chesapeake, VA

There are currently 71,598 real estate properties in Chesapeake, VA, with a median automated valuation model (AVM) price of $401,106.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chesapeake, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chesapeake, VA, is $446,961.00, with the most expensive house in Chesapeake, VA, topping out at $190,722,296.00 and the cheapest home in Chesapeake, VA, clocking in at $10,191.00. In other words, there’s something for every potential homebuyer or savvy investor in Chesapeake, VA!

Rent Prices In Chesapeake, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chesapeake, VA, is on a rollercoaster ride. The average rent price in Chesapeake, VA, is $1,884.00. Indeed, when looking to rent in Chesapeake, VA, you can expect to pay as little as $620.00 or as much as $6,600.00, with the average rent median estimated to be $1,800.00. The good news is that finding an affordable and desirable property to rent in Chesapeake, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chesapeake, VA 23323 City-owned Homes And Land

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