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Chesapeake, VA 23322 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Chesapeake, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 9797PendingPending sales: 1313
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): $600k$600kSoldMedian sold price (last 6 months): $555k$555k
What homes actually sell for in Chesapeake, VA
Distribution of 528 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $430k to $695k
$250k to $338k: 50 sales$250k$338k to $425k: 47 sales$425k to $512k: 79 sales$425k$512k to $600k: 115 sales115sales$600k to $688k: 75 sales$600k$688k to $775k: 64 sales$775k to $862k: 28 sales$775k$862k to $950k: 16 salesMedian $555k

What the numbers say

As of September 14, 2026, Resideline is tracking 97 active listings and 13 pending sales in ZIP code 23322. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $599,900, while the median of the 528 closed sales Resideline tracked over the last six months was $555,490. 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 58 days.

Frequently asked questions

What is the median home price in 23322?

The median closed sale price in Chesapeake, VA 23322 was $555,490 over the last six months, based on 528 closed sales tracked by Resideline. The middle half of those sales ranged from $430,000 to $695,000.

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

Resideline is currently tracking 13 pending sales against 97 active listings in 23322, a pending-to-active ratio of 0.13. 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

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