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Median Home Price in Chesapeake, VA

The median home value in Chesapeake, VA is $429,092 as of 2026-07-31, up 3.47% from a year earlier.

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Median Home Value

$429,092

Year-over-Year

+3.47%

Population

257,248

Chesapeake ranks #19 of 62 Virginia cities tracked here by median home value, and sits 29.5% above the state's city median of $331,461. It sits in Chesapeake City, where the county-wide median is $429,571.

Housing affordability in Chesapeake

Median household income in Chesapeake is $95,373, so the typical home value is about 4.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Chesapeake

Chesapeake police recorded a violent crime rate of 339 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,744 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Chesapeake

What is the average home price in Chesapeake, VA?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Chesapeake, that value is $429,092. That's up 3.47% from a year earlier. It is about 29.5% above the typical Virginia city tracked here.

Is Chesapeake expensive compared to the surrounding area?

Homes in Chesapeake are cheaper than Chesapeake City as a whole, where the median is $429,571 — a difference of about 0.1%.

Is Chesapeake affordable?

Median household income here is $95,373, so the typical home value is about 4.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Chesapeake a safe place to live?

Chesapeake police reported 339 violent crimes per 100,000 residents, covering a population of about 257,248. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in VA

Poquoson · Manassas Park · Culpeper · Virginia Beach · Blacksburg · Smithfield · Winchester · Suffolk