Homes Under $500K in Chesapeake, VA

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Chesapeake housing market

August 2026 · This period is still settling

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 325 sales · as of Aug 31, 2026

Homes that sold · County records, as of Aug 17, 2026

Median sale price: $415,000$300,000–$591,250 typical range
Price per sq. ft.: $216
Sales: 208
Paid in cash: 17.3%

Homes on the market · MLS, as of Aug 31, 2026

Median list price: $489,500

Chesapeake, VA community profile

Population: 256,189
Median income: $93,979
Housing units: 94,442
People per sq. mi.: 718.2
Area: 356.7 sq. mi.

Source: HJN community data

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Listing data & MLS disclosures

Chesapeake housing market

Homes that sold · County records, as of Aug 17, 2026

Homes on the market · MLS, as of Aug 31, 2026

Chesapeake, VA community profile

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Listing data & MLS disclosures

Chesapeake, VA community profile

Chesapeake housing market

Homes that sold · County records, as of Aug 17, 2026

Homes on the market · MLS, as of Aug 31, 2026

Price trend · Assessor repeat sales, as of Aug 31, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026