Zip 23325 (Chesapeake, VA) Housing

The housing market in 23325 Chesapeake, VA is thriving. According to the data given above, the median value of homes in this area is $277,900 which is significantly lower than the US House Median Value ($338,100). However, over the past year, house appreciation in 23325 Chesapeake has been greater than that of the national average with 12.33% for this area compared to 8.27% across the country. This indicates that despite the lower median housing price for Chesapeake compared to other parts of the country, it still remains a desirable location as prices continue to grow at a rapid pace.

The median home cost in Chesapeake (zip 23325) is $277,900. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Chesapeake (zip 23325) is up 13.0%.

Average Age of Homes

- The median age of Chesapeake (zip 23325) real estate is 48 years old

The Rental Market in Chesapeake (zip 23325)

- Renters make up 34.1% of the Chesapeake (zip 23325) population
- 1.4% of houses and apartments in Chesapeake (zip 23325), 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, Virginia	United States
	7,666.0	139,647,020.0
	47	42
	$277,900	$338,100
	13.0%	16.6%
	43.2%	57.0%
	59.0%	101.1%
	$9.71	$10.98
	$2,175	$2,690
	61.3%	57.4%
	4.8%	11.2%
	33.9%	31.4%
Vacant Housing
	1.4%	1.9%
	1.0%	0.4%
	0.9%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	0.8%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	0.4%	2.4%
	2.0%	2.8%
	0.0%	3.9%
	0.8%	4.5%
	13.9%	11.3%
	16.1%	13.0%
	44.2%	20.1%
	14.3%	13.6%
	1.4%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	5.8%	13.6%
	19.2%	13.2%
	18.6%	14.8%
	5.8%	13.6%
	18.3%	10.0%
	3.1%	4.7%
	4.2%	12.2%

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