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Chesapeake, VA 23323 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: 0.19
ActiveActive listings: 4848PendingPending sales: 99
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): $418k$418kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Chesapeake, VA
Distribution of 282 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $348k to $540k
$205k to $270k: 31 sales$205k$270k to $335k: 19 sales$335k to $400k: 49 sales$335k$400k to $465k: 68 sales68sales$465k to $530k: 22 sales$465k$530k to $595k: 31 sales$595k to $660k: 22 sales$595k$660k to $725k: 11 salesMedian $425k

What the numbers say

As of September 14, 2026, Resideline is tracking 48 active listings and 9 pending sales in ZIP code 23323. That pending-to-active ratio of 0.19 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $418,450, while the median of the 282 closed sales Resideline tracked over the last six months was $425,000. 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 23323 for 51 days.

Frequently asked questions

What is the median home price in 23323?

The median closed sale price in Chesapeake, VA 23323 was $425,000 over the last six months, based on 282 closed sales tracked by Resideline. The middle half of those sales ranged from $348,500 to $540,000.

Is 23323 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 48 active listings in 23323, a pending-to-active ratio of 0.19. 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, 23323 currently looks like a balanced market.

Nearby ZIP code market data

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