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Chesapeake, VA 23322 Housing Market

Data snapshot: October 26, 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: 9292PendingPending sales: 1717
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): $677k$677kSoldMedian sold price (last 6 months): $560k$560k
What homes actually sell for in Chesapeake, VA
Distribution of 448 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $440k to $700k
$275k to $360k: 47 sales$275k$360k to $444k: 45 sales$444k to $529k: 72 sales$444k$529k to $613k: 89 sales89sales$613k to $698k: 61 sales$613k$698k to $782k: 56 sales$782k to $867k: 21 sales$782k$867k to $952k: 12 salesMedian $560k

What the numbers say

As of October 26, 2026, Resideline is tracking 92 active listings and 17 pending sales in ZIP code 23322. That pending-to-active ratio of 0.18 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $677,445, while the median of the 448 closed sales Resideline tracked over the last six months was $560,000. 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 87 days.

Frequently asked questions

What is the median home price in 23322?

The median closed sale price in Chesapeake, VA 23322 was $560,000 over the last six months, based on 448 closed sales tracked by Resideline. The middle half of those sales ranged from $440,000 to $699,900.

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

Resideline is currently tracking 17 pending sales against 92 active listings in 23322, a pending-to-active ratio of 0.18. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23322 is currently a faster-moving market.

Nearby ZIP code market data

Full Chesapeake, VA housing market report →

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