The Unshakable Investor

Unshakable ZIP Data 23320 | Chesapeake, VA Housing Market

Chesapeake · Chesapeake City · Virginia Beach-Norfolk-Newport News, VA-NC metro · Virginia · Data updated June 19, 2026

The median sale price in ZIP 23320, Chesapeake, Virginia is $374,889 at $219 per square foot. 264 single-family homes sold in the latest period, up 5.8 percent from a year earlier. Homes sit a median of 24 days on market with 1.6 months of supply. Sellers are getting 100.2 percent of list price and 40.2 percent of homes sold above asking.

Seller's market. No room for sloppy offers.

Value anchors

MetricValueYear over year
Average single-family value$416,923
Average price per sq ft$243
Median sale price$374,889
Median sale price per sq ft$219
Median home size1,715 sq ft
Median new listing price$391,652+0.4%
National size rank454

Sales activity

MetricValueYear over year
Homes sold264+5.8%
Median days on market24 days
Months of supply1.6 months
New listings311+11.0%
Active listings413+1.0%
Pending sales286-1.4%

Pricing power

MetricValueYear over year
Average sale-to-list ratio100.2%+0.3 pts
Share sold above list40.2%+5.3 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$201,353
2-bedroom
$260,231
3-bedroom
$355,590
4-bedroom
$504,661
5-bedroom
$683,946

These figures describe the single-family market for Chesapeake, Virginia ZIP 23320. They are market context, not a substitute for sold comps or a formal appraisal.