Median price
for residential apartments
in Chesapeake, VA
as of May, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
Filters
|
1,151 Chesapeake, VA, USA apartments for sale
Map view
Filters
Ranch, Detached, Detached Residential
904 Ingleside Road, Ingleside, Norfolk, VA 23502, USA
3
Bed
2
Bath
1,530
Sq Ft
Contemp, Detached, Detached Residential
1161 Bells Mill Road, Bells Mill, Chesapeake, VA 23322, USA
5
Bed
4
Bath
3,400
Sq Ft
Home For Sale In Virginia Beach, Virginia
909 Meadowood Drive, Green Run, Virginia Beach, VA 23452, USA
3
Bed
2
Bath
1,387
Sq Ft
Home For Sale In Virginia Beach, Virginia
3232 Bow Creek Boulevard, Pecan Gardens, Virginia Beach, VA 23452, USA
3
Bed
2
Bath
1,280
Sq Ft
Home For Sale In Virginia Beach, Virginia
1905 Millbrook Court, Virginia Beach, VA 23453, USA
3
Bed
2
Bath
1,863
Sq Ft
Ranch, Detached, Detached Residential
2954 Delaware Crossing, Magic Hollow, Virginia Beach, VA 23453, USA
3
Bed
2
Bath
1,412
Sq Ft
Attached, Attached Residential, Cluster, Traditional
716 Downing Lane, Virginia Beach, VA 23452, USA
4
Bed
4
Bath
2,405
Sq Ft
Home For Sale In Portsmouth, Virginia
1610 Camden Avenue, Portsmouth City, VA 23704, USA
2
Bed
1
Bath
815
Sq Ft
Attached, Attached Residential, Townhouse
1480 Sangaree Circle, Virginia Beach, VA 23464, USA
2
Bed
2
Bath
1,024
Sq Ft
Traditional, Detached, Detached Residential
3012 Falmouth Drive, Chesapeake, VA 23321, USA
4
Bed
3
Bath
2,364
Sq Ft
Ranch, Detached, Detached Residential
3812 Tiffany Lane, Virginia Beach, VA 23456, USA
4
Bed
2
Bath
1,400
Sq Ft
Attached, Attached Residential, Contemp
4500 Kidder Drive, Gallops Corner, Virginia Beach, VA 23462, USA
2
Bed
3
Bath
1,522
Sq Ft
Townhouse, Tri-Level, Attached, Attached Residential
4301 Salt Marsh Lane, Chesapeake, VA 23324, USA
3
Bed
3
Bath
1,960
Sq Ft
1 Story, Single Family Home, 1 Story
Towne Bank, 200 High Street, Portsmouth City, VA 23704, USA
3
Bed
3
Bath
Traditional, Detached, Detached Residential
1905 High Street, Portsmouth City, VA 23704, USA
3
Bed
3
Bath
1,432
Sq Ft
Attached, Attached Residential, Lo Rise
5243 Breezewood Arch, Virginia Beach, VA 23464, USA
2
Bed
1
Bath
886
Sq Ft
Traditional, Detached, Detached Residential
3520 Brighton Street, Portsmouth City, VA 23707, USA
4
Bed
2
Bath
1,860
Sq Ft
Attached, Attached Residential, Contemp, Transitional
3829 Lasalle Drive, Virginia Beach, VA 23453, USA
2
Bed
3
Bath
1,200
Sq Ft
Traditional, Detached, Detached Residential
3232 White Cedar Drive, Chesapeake, VA 23323, USA
4
Bed
2
Bath
1,834
Sq Ft
Traditional, Detached, Detached Residential
2124 Tall Pine Drive, Chesapeake, VA 23323, USA
6
Bed
3
Bath
2,932
Sq Ft
Traditional, Detached, Detached Residential
1601 Saint Brides Road West, Chesapeake, VA 23322, USA
5
Bed
4
Bath
3,350
Sq Ft
Ranch, Detached, Detached Residential
5323 Libertyville Road, Doziers Corner, Chesapeake, VA 23320, USA
4
Bed
4
Bath
2,263
Sq Ft
Colonial, Detached, Detached Residential
2014 County Street, Portsmouth City, VA 23704, USA
3
Bed
3
Bath
1,728
Sq Ft
Home For Sale In Chesapeake, Virginia
2215 Ships Crossing, Chesapeake, VA 23323, USA
4
Bed
3
Bath
2,048
Sq Ft
Ranch, Detached, Detached Residential
2300 South Street, Portsmouth City, VA 23704, USA
3
Bed
1
Bath
862
Sq Ft
Attached, Attached Residential, Townhouse
3204 Wimbledon Way, Mapleton, Virginia Beach, VA 23453, USA
3
Bed
3
Bath
1,540
Sq Ft
Ranch, Detached, Detached Residential
1109 Midland Street, Norfolk, VA 23523, USA
3
Bed
2
Bath
1,026
Sq Ft
Home For Sale In Virginia Beach, Virginia
1825 Jagged Rock Drive, Virginia Beach, VA 23456, USA
3
Bed
3
Bath
1,749
Sq Ft
Home For Sale In Chesapeake, Virginia
2309 Moors Landing, Chesapeake, VA 23323, USA
3
Bed
2
Bath
1,457
Sq Ft
Ranch, Detached, Detached Residential
1212 Ormer Road, Plymouth Park, Chesapeake, VA 23325, USA
3
Bed
1
Bath
1,004
Sq Ft
Bungalow, Cottage, Detached, Detached Residential
639 Partridge Avenue, Carolina Junction, Chesapeake, VA 23324, USA
2
Bed
1
Bath
650
Sq Ft
Ranch, Detached, Detached Residential
2009 Falls Church Court, Charlestown Lakes, Virginia Beach, VA 23464, USA
3
Bed
2
Bath
1,548
Sq Ft
Transitional, Detached, Detached Residential
Bowling Park Elementary School, Bayne Avenue, Norfolk, VA 23504, USA
4
Bed
4
Bath
1,840
Sq Ft
Ranch, Traditional, Detached, Detached Residential
3708 Bedford Lane, Thalia Shores, Virginia Beach, VA 23452, USA
3
Bed
2
Bath
1,532
Sq Ft
Traditional, Detached, Detached Residential
281 Terwillinger Road, Chesapeake, VA 23323, USA
4
Bed
3
Bath
2,150
Sq Ft
Traditional, Detached, Detached Residential
1824 Sapphire Road, Chesapeake, VA 23320, USA
5
Bed
3
Bath
3,345
Sq Ft
Chesapeake
According to statistics, the population in Chesapeake, VA amounts to 235,410, which shows decline 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $72,214, shifting growth 3% from the past year, and the average property value in Chesapeake, VA growth 2% to $260,900 throughout the year.
| Population | 235,410 |
| Median Age | 36.6 |
| Poverty Rate | 10% |
| Household Income | $72,214 |
| Number Of Employees | 108,589 |
| Median Property Value | $260,900 |
Household Income
The average household income in Chesapeake, VA grew from $69,978 to $72,214 in the past year. This data is an estimate based upon 83,031 households in Chesapeake, VA . The chart below presents how household income is distributed in Chesapeake, VA in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Chesapeake, VA shifted from $256,500 to $260,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Chesapeake, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Chesapeake, VA properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chesapeake, VA compared to median property taxes around the country. The prevalent amount of property taxes in Chesapeake, VA equals $3000, which is less than the national average.
Housing Trends
Average apartment sale in Chesapeake:
$424,075 (-15.6%)
Apartment Size |
May | vs Last Month |
|---|---|---|
| Studio apartments | $250,000 | -41.3% |
| 2-bed apartments | $247,148 | -1.8% |
| 3-bed apartments | $344,757 | +1.1% |
| 4+ bed apartments | $514,797 | -15.1% |
During May 2023, the average price for an apartment in/near Chesapeake, VA decreased by 15.6% to $424,075.
Knowing the current property prices is key if you plan to buy a studio in Chesapeake, VA. The average price for a studio has decreased since the last month, currently being $250,000. After collecting all data points, we now see that the average price for 1-bed apartment stands at $139,900 with no changes this month. Asking price for 2-bed apartment also decreased by 1.8% and a place of this size will now cost you $247,148. A 3-bed apartment goes for $344,757, it increased by 1.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 15.1% and made it down to $514,797.
Listing Type |
May | vs Last Month |
|---|---|---|
| Houses for sale | $458,338 | -15.5% |
| Condos for sale | $304,898 | -10.5% |
Price reports demonstrate that house price decreased by 15.5% this month making it up to $458,338. Condos faced an upward trend these days. The median price for a condo decreased by 10.5%, it’s now available for $304,898.
`