Start Free
All market snapshots / 23323

Chesapeake, VA 23323 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: 0.20
ActiveActive listings: 4545PendingPending 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): $470k$470kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Chesapeake, VA
Distribution of 283 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $330k to $550k
$185k to $252k: 25 sales$185k$252k to $320k: 25 sales$320k to $388k: 43 sales$320k$388k to $455k: 70 sales70sales$455k to $522k: 24 sales$455k$522k to $590k: 30 sales$590k to $658k: 24 sales$590k$658k to $725k: 13 salesMedian $425k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 9 pending sales in ZIP code 23323. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $469,900, while the median of the 283 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 59 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 283 closed sales tracked by Resideline. The middle half of those sales ranged from $329,900 to $550,000.

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

Resideline is currently tracking 9 pending sales against 45 active listings in 23323, a pending-to-active ratio of 0.20. 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

Full Chesapeake, VA housing market report →

Running a deal in 23323? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 23323 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.