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Chesapeake, VA 23322 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Chesapeake, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 8787PendingPending sales: 1616
Chesapeake, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $690k$690kSoldMedian sold price (last 6 months): $554k$554k
What homes actually sell for in Chesapeake, VA
Distribution of 501 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $435k to $680k
$270k to $355k: 50 sales$270k$355k to $440k: 52 sales$440k to $525k: 75 sales$440k$525k to $610k: 111 sales111sales$610k to $695k: 68 sales$610k$695k to $780k: 59 sales$780k to $865k: 20 sales$780k$865k to $950k: 15 salesMedian $554k

What the numbers say

As of October 5, 2026, Resideline is tracking 87 active listings and 16 pending sales in ZIP code 23322. That pending-to-active ratio of 0.18 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $690,000, while the median of the 501 closed sales Resideline tracked over the last six months was $553,790. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23322 for 76 days.

Frequently asked questions

What is the median home price in 23322?

The median closed sale price in Chesapeake, VA 23322 was $553,790 over the last six months, based on 501 closed sales tracked by Resideline. The middle half of those sales ranged from $435,000 to $680,000.

Is 23322 a buyer's or seller's market?

Resideline is currently tracking 16 pending sales against 87 active listings in 23322, a pending-to-active ratio of 0.18. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23322 currently looks like a balanced market.

Nearby ZIP code market data

Full Chesapeake, VA housing market report →

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