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Housing in Chesapeake, Virginia

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HousingChesapeake, VAUnited States
Median Home Age24.935.1
Median Home Cost$219,700$153,800
Home Appreciation-2.18%1.62%
Homes Owned69.85%57.69%
Housing Vacant4.35%11.38%
Homes Rented25.80%30.93%
Property Tax Rate$11.24$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0001.19%2.72%
$20,000 to $39,9990.89%4.03%
$40,000 to $59,9990.62%5.58%
$60,000 to $79,9991.01%7.09%
$80,000 to $99,9991.91%8.80%
$100,000 to $149,99914.78%21.26%
$150,000 to $199,99922.19%14.87%
$200,000 to $299,99934.43%16.82%
$300,000 to $399,99914.66%7.83%
$400,000 to $499,9995.11%4.04%
$500,000 to $749,9992.44%4.05%
$750,000 to $999,9990.46%1.26%
$1,000,000 or more0.30%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 200514.24%13.71%
1995 to 199825.21%14.31%
1990 to 199425.21%14.31%
1980 to 198921.83%13.87%
1970 to 197914.64%16.17%
1960 to 196911.55%11.70%
1950 to 19597.83%11.08%
1940 to 19492.10%6.02%
1939 or Earlier2.61%13.15%


The median home value in Chesapeake, VA, is $219,700. Home appreciation is -2.18% over the last year. The median age of Chesapeake, VA, real estate is 25 years.

Chesapeake, VA Apartments and Rentals

Renters make up 25.80% of the Chesapeake, VA, population. 4.35% of houses and apartments in Chesapeake, VA, are unoccupied (vacancy rate).


Chesapeake Housing SperlingViews

re: Any good water skiing lakes? - 8/22/2006: Susan, I know that this is late, over 3 years, but there is plenty of water skiing on the Chesapeake Bay and the Atlantic ocean - Both in Virginia Beach. If anyone is... (read more)Any good water skiing lakes?: We are looking to relocate to the Chesapeake/Virginia Beach area. Are there any lake communities (with somewhat reasonable prices) that it is possible to live on and... (read more)What a great place to live.: Sunny 15 min. to the... (read more)Have an opinion about Chesapeake? Leave a commentTo See All SperlingViews for Chesapeake Click Here