Chesapeake, VA Housing Market Brief
county · VA · as of May 2026
What is Chesapeake, VA’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Chesapeake, VA in its market cycle?
Chesapeake, VA is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
Chesapeake, VA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $420K | ▲ +0.2% |
| Median Days on Market | 25 days | 0% |
| Months of Supply | 1.9 | ▼ -5% |
| Homes for Sale | 627 | ▼ -13.2% |
| Homes Sold | 334 | ▼ -8.7% |
| Median Price / Sq Ft | $219 | ▼ -0.7% |
| Sale-to-List Ratio | 100.5% | 0% |
How has Chesapeake, VA’s Alpha Score moved?
Markets like Chesapeake, VA
- Isle of Wight County, VA, VAcounty51
- Henrico County, VA, VAcounty51
- San Juan County, NM, NMcounty49
- Loudoun County, VA, VAcounty47
- Carroll County, MD, MDcounty48
- Hanover County, VA, VAcounty50
- Lyon County, NV, NVcounty49
- La Crosse County, WI, WIcounty52
- Virginia Beach, VA, VAcounty48
- Chesterfield County, VA, VAcounty51
Frequently asked questions
Is Chesapeake, VA a buyer's or seller's market?
As of May 2026, Chesapeake, VA is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Chesapeake, VA?
The median sale price in Chesapeake, VA is $420K, having held roughly steady over the past year.
How affordable is Chesapeake, VA?
Chesapeake, VA scores 18 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Chesapeake, VA's Alpha Score?
Chesapeake, VA's strongest dimension is Price Momentum (61/100) and its weakest is Affordability (18/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Chesapeake, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.