Area data
Chesapeake, VA — ZIP 23320
Population: 59,108 (Census ACS)
Home values & appreciation
- Median home value
- $394,685
- 1-year appreciation
- +3.5%
- 3-year appreciation
- +10.4%
- 5-year appreciation
- +27.6%
- 10-year appreciation
- +61.9%
- All-time peak (2026-07)
- $394,685
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $281,000
- Median list price
- $275,000
- Median days on market
- 17 days
- Sale-to-list ratio
- 100.4%
- Active listings
- 7
- 1-year forecast
- +1.7%
- Days to pending
- 36 days
- New listings (monthly)
- 94
Rents
- Typical rent
- $2,050/mo
- 1-year rent change
- +8.2%
- 1BR fair-market rent
- $1,900/mo
- 3BR fair-market rent
- $2,980/mo
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 8
- Elementary schools
- 4
- Middle schools
- 2
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- coastalFlooding, heatWave, hurricane, inlandFlooding, tornado
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 62.0°F
- Average high
- 70.0°F
- Average low
- 53.0°F
- Annual precipitation
- 52.6 in
- Annual snowfall
- 0.2 in
Walkability & transit
- Walkability index
- 13.2 / 20
- Transit service frequency
- 1,172
Amenities
- National parks within ~60 mi
- 6
- Nearest national park
- Cape Henry Memorial Part of Colonial National Historical Park (17 mi)
- Nearest airport
- Fentress Naval Auxiliary Landing Field (6 mi)
- Nearest major airport
- Norfolk International Airport (ORF) (10 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 3.0 / 5
- Solar radiation rating
- Fair (4.3 kWh/m²/day)
Migration
- Net migration
- +256 tax filers
Housing stock
- Median year housing built
- 1,993
- Median annual property tax
- $2,813
- Mean commute to work
- 21 min
- Households with broadband internet
- 82.0%
Employment & development
- Total county employment
- 88,821
- Average weekly wage
- $1,075
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 597
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →