Chesapeake City County, VA Housing

Chesapeake city, VA County is a great place to buy a home. The median value of housing in the city is $367,400, which is higher than the US house median value of $338,100. Furthermore, over the past year, Chesapeake has seen an appreciation rate of 12.84%, higher than the national average of 8.27%. This is evidence that buying a home in Chesapeake city can be a wise investment. With its high housing value and strong appreciation rate, it's no wonder why Chesapeake city is so popular for potential homeowners.

The median home cost in Chesapeake City County is $367,400. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Chesapeake City County is up 13.0%.

Average Age of Homes

- The median age of Chesapeake City County real estate is 30 years old

The Rental Market in Chesapeake City County

- Renters make up 26.6% of the Chesapeake City County population
- 1.4% of houses and apartments in Chesapeake City County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chesapeake City, Virginia	United States
	94,035.0	139,647,020.0
	33	42
	$367,400	$338,100
	13.0%	16.6%
	43.2%	57.0%
	59.0%	101.1%
	$9.36	$10.98
	$2,731	$2,690
	69.1%	57.4%
	4.9%	11.2%
	26.0%	31.4%
Vacant Housing
	1.4%	1.9%
	0.2%	0.4%
	1.0%	0.7%
	0.5%	0.4%
	0.0%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	1.0%	2.4%
	0.5%	2.8%
	0.1%	3.9%
	0.7%	4.5%
	5.6%	11.3%
	12.4%	13.0%
	29.9%	20.1%
	23.7%	13.6%
	15.1%	8.3%
	7.6%	9.7%
	0.5%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	13.3%	13.6%
	13.3%	13.6%
	20.6%	13.6%
	19.6%	13.2%
	13.9%	14.8%
	20.6%	13.6%
	6.1%	10.0%
	1.9%	4.7%
	2.2%	12.2%

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