Chesapeake, VA Real Estate
Chesapeake is a city in Chesapeake city County, Virginia with a population of about 251,153. The median home value is near $359,100, and median rent runs around $1,523/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$359,100
Median Rent
$1,523/mo
Population
251,153
Median Income
$94,189
Median Age
37.7
Homeownership
73.8%
Monthly payment on a median Chesapeake home
Example for a $359,100 home: 20% down, 30-yr at ~6.75%, VA property tax ~0.82%, 0.4% insurance.
Est. monthly (PITI)
$2,228
Principal & interest
$1,863
Property tax / mo
$245
Down payment (20%)
$71,820
Chesapeake at a glance
- 22.4% of residents 25+ hold a bachelor's degree or higher.
- 73.8% of occupied homes are owner-occupied.
- Median household income is $94,189.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
Other Virginia cities
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