Start Free
All market snapshots / 23324

Chesapeake, VA 23324 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: 0.03
ActiveActive listings: 3333PendingPending sales: 11
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): $300k$300kSoldMedian sold price (last 6 months): $300k$300k
What homes actually sell for in Chesapeake, VA
Distribution of 162 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $230k to $350k
$135k to $169k: 7 sales$135k$169k to $204k: 14 sales$204k to $238k: 19 sales$204k$238k to $272k: 17 sales$272k to $307k: 23 sales$272k$307k to $341k: 31 sales31sales$341k to $376k: 22 sales$341k$376k to $410k: 12 salesMedian $300k

What the numbers say

As of October 5, 2026, Resideline is tracking 33 active listings and 1 pending sales in ZIP code 23324. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $300,000, while the median of the 162 closed sales Resideline tracked over the last six months was $299,900. 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 23324 for 59 days.

Frequently asked questions

What is the median home price in 23324?

The median closed sale price in Chesapeake, VA 23324 was $299,900 over the last six months, based on 162 closed sales tracked by Resideline. The middle half of those sales ranged from $229,500 to $350,000.

Is 23324 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 33 active listings in 23324, a pending-to-active ratio of 0.03. 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, 23324 currently looks like a balanced market.

Nearby ZIP code market data

Full Chesapeake, VA housing market report →

Running a deal in 23324? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator

Run any 23324 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.