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Area data

Chesapeake, VA — ZIP 23323

Population: 43,043 (Census ACS)

Home values & appreciation

Median home value
$430,568
1-year appreciation
+3.3%
3-year appreciation
+10.0%
5-year appreciation
+26.6%
10-year appreciation
+65.2%
All-time peak (2026-07)
$430,568
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$241,500
Median list price
$417,000
Median days on market
18 days
Sale-to-list ratio
100.7%
Active listings
2
1-year forecast
+1.8%
Days to pending
36 days
New listings (monthly)
63

Rents

Typical rent
$2,291/mo
1-year rent change
+4.2%
1BR fair-market rent
$1,770/mo
3BR fair-market rent
$2,770/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
10
Elementary schools
5
Middle schools
2
High schools
2

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)

Annual precipitation
55.6 in

Walkability & transit

Walkability index
6.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
5
Nearest national park
Fort Monroe National Monument (23 mi)
Nearest airport
Chesapeake Regional Airport (4 mi)
Nearest major airport
Norfolk International Airport (ORF) (17 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
3.7 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+256 tax filers

Housing stock

Median year housing built
1,992
Median annual property tax
$3,192
Mean commute to work
23 min
Households with broadband internet
78.4%

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents