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Housing market · June 2026

Chesapeake Housing Market

Monthly home prices and sales for Chesapeake, Virginia — a $448,734 median sale price in June 2026, up 4.4% from a year earlier.

Median sale price
$448,734
June 2026
Year over year
+4.4%
median sale price vs. June 2025
Homes sold
430
June 2026
Homes for sale
698
inventory, June 2026
Median days on market
25 days
June 2026
As of
June 2026
latest month reported
Median sale price in Chesapeake, monthlyJanuary 2017June 2026
20182020202220242026$449k

Chesapeake housing market at a glance

Latest month with the change versus June 2025 — always the same month a year earlier, never the prior month (the data is not seasonally adjusted).

MeasureJune 2026Y/Y
Median sale price$448,734+4.4%
Median price per square foot$226+3.0%
Median new-listing price$439,431-2.3%
Homes sold430+8.9%
New listings456+4.1%
Pending sales440+7.3%
Homes for sale (inventory)698-9.9%
Median days on market25 days-1 days
Months of supply1.6-0.4 mo.
Sold above list price38.2%+0.8 pts
What renting costs here: Chesapeake fair market rents — HUD rent levels by bedroom count (2-bedroom: $1,713/mo).
What's being built: Chesapeake building permits — new housing supply (1,638 units permitted, 12 mo).
How fast shelter costs rise: CPI shelter inflation — the national trend in rent and housing costs.

Chesapeake housing market — FAQ

What is the median home price in Chesapeake?+

The median home sale price in Chesapeake, Virginia was $448,734 in June 2026 ($226 per square foot). Data provided by Redfin, a national real estate brokerage.

Are home prices in Chesapeake rising or falling?+

As of June 2026, the median sale price in Chesapeake is up 4.4% versus June 2025. Comparisons are always year over year — the data is not seasonally adjusted, so adjacent months mostly reflect the season, not the market.

How many homes sold in Chesapeake?+

430 homes sold in Chesapeake in June 2026; 3,849 sold over the trailing 12 months.

Why are some months missing?+

Months where Chesapeake recorded fewer than 3 sales are not shown — medians and ratios on so few transactions are noise. Gaps stay gaps: nothing is interpolated. Counts of homes sold are kept whenever Redfin reports them.