The housing median value in 23322 Chesapeake, VA is $440,800, which is significantly higher than the United States' median value of $338,100. Furthermore the 1 year house appreciation in 23322 Chesapeake, VA is 12.33%, which is much higher than the US average of 8.27%. These results show that 23322 Chesapeake, VA has outperformed the rest of the country in terms of housing market growth and demand.
The median home cost in Chesapeake (zip 23322) is $440,800. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Chesapeake (zip 23322) is up 13.0%.
Average Age of Homes
- The median age of Chesapeake (zip 23322) real estate is 27 years old
The Rental Market in Chesapeake (zip 23322)
- Renters make up 12.8% of the Chesapeake (zip 23322) population
- 0.3% of houses and apartments in Chesapeake (zip 23322), 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.