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Today: September 22, 2025

Current Price

$396,203

1 Month Forecast

$419,259

1-Year Forecast *

$441,261

5-Year Forecast *

$508,779

"Is it a good time to buy homes in Chesapeake?" "Does investing in real estate in Chesapeake (Virginia State, Chesapeake City County) worth it?" According to our live Forecast System, buying a house in Chesapeake is a good short-term (1-year) investment*. The Chesapeake average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Chesapeake" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Chesapeake in Virginia State, Chesapeake City County. If you are looking for homes for sale with good flipping profit, Chesapeake can be a profitable property investment option. The median price of an average house in Chesapeake was 396,203 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Chesapeake" area is 508,779 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +28.41% meaning that investing 100000 USD today may yield a profit of 28,414 USD by 2030.

Current Median Listing Price: 396,203 USD Median Listing Price Per Square Foot: 220 USD

Chesapeake Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Chesapeake (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Chesapeake Price Target

Chesapeake median home price target in 12 months: $441,261* (upside of 11.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $414,306 $417,272 $414,306 $417,272
2024 $377,186 $396,203 $377,186 $396,203
2023 $361,286 $376,991 $361,286 $377,762
2022 $339,587 $361,048 $339,587 $361,718
2021 $303,946 $335,337 $303,946 $335,337
2020 $279,658 $300,434 $279,658 $300,434
2019 $267,645 $278,016 $267,645 $278,016
2018 $263,794 $266,994 $263,794 $266,994
2017 $257,064 $262,916 $257,064 $262,916
2016 $251,127 $255,949 $251,127 $255,949
2015 $242,058 $250,361 $242,058 $250,361
2014 $238,142 $241,806 $237,220 $241,806
2013 $233,541 $238,649 $233,541 $238,948
2012 $227,412 $233,286 $226,447 $233,286

Questions & Answers about the Chesapeake Housing Market Forecast

How much does an average home cost in Chesapeake today?

The value of an average home (the listing price) in Chesapeake is $396,203 USD.

What is the average price per square foot in Chesapeake?

According to Walletinvestor the median price per square foot in Chesapeake is 220 USD.

Will the median listing price of homes in Chesapeake grow / rise / go up?

Yes. The Chesapeake home prices may rise from 396,203 USD to 441,261 USD in one year.

Is it profitable to invest in Chesapeake homes?

Yes. The long-term profit potential is +11.37% in one year.

Will Chesapeake house prices fall / drop?

No. See above.

What is the predicted price of a Chesapeake home in 2030?

The predicted home sales price of a Chesapeake home in 2030 in Chesapeake is 508,779 USD.

What is the predicted price of a Chesapeake home in 2035?

The predicted home sales price of a Chesapeake home in 2035 in Chesapeake is 620,354 USD.

Will real estate prices decrease in Chesapeake?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Chesapeake is the 113. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Chesapeake City, Chesapeake increased, looking at the past 12 months.

According to Walletinvestor's Chesapeake real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.268% to 396,203 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 11.072% in 2020
  • 12.642% in 2021
  • 9.802% in 2022
  • 12.602% in 2023
  • 12.172% in 2024
  • 10.872% in 2025

Based on our Chesapeake real estate market research and report the predicted sales prices will increase by 193.613% in the next 10 years.

Over the last 12 months, the value of homes in Chesapeake fluctuated: increasing 10 times .

Chesapeake (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Chesapeake Housing Market Forecast with Real Estate Prices for 2025
August 2025 419259 392846 445672
September 2025 421255 391767 450743
October 2025 423261 395326 451197
November 2025 425277 388703 461851
December 2025 427302 390554 464050
Chesapeake Housing Market Forecast with Real Estate Prices for 2026
January 2026 429336 396707 461966
February 2026 431381 389106 473656
March 2026 433435 408296 458574
April 2026 435499 397175 473823
May 2026 437573 404317 470828
June 2026 439656 415475 463837
July 2026 441261 413903 468619
August 2026 442951 420803 465098
September 2026 445060 415241 474879
October 2026 447179 404250 490108
November 2026 449309 414712 483905
December 2026 451448 413526 489370
Chesapeake Housing Market Forecast with Real Estate Prices for 2027
January 2027 453598 420485 486710
February 2027 455758 416107 495409
March 2027 457928 423125 492730
April 2027 460108 434342 485875
May 2027 461911 423111 500712
June 2027 461540 429232 493848
July 2027 460519 433809 487229
August 2027 460040 423697 496383
September 2027 460513 428277 492749
October 2027 461686 438140 485232
November 2027 461990 431961 492020
December 2027 462757 429901 495613
Chesapeake Housing Market Forecast with Real Estate Prices for 2028
January 2028 464061 423688 504435
February 2028 466271 427571 504972
March 2028 468492 429607 507376
April 2028 470722 443891 497554
May 2028 472964 439856 506071
June 2028 475216 428170 522262
July 2028 477138 449464 504812
August 2028 477733 453369 502097
September 2028 477304 452484 502124
October 2028 476758 446722 506794
November 2028 477005 446953 507056
December 2028 478564 441714 515413
Chesapeake Housing Market Forecast with Real Estate Prices for 2029
January 2029 480842 450549 511135
February 2029 483132 436268 529996
March 2029 485433 452909 517956
April 2029 487182 456003 518362
May 2029 488360 461012 515708
June 2029 489778 445698 533858
July 2029 491780 452929 530631
August 2029 494032 460932 527132
September 2029 496145 460919 531371
October 2029 498015 461162 534868
November 2029 500386 451849 548924
December 2029 501617 452458 550775
Chesapeake Housing Market Forecast with Real Estate Prices for 2030
January 2030 501924 469299 534549
February 2030 502100 466953 537247
March 2030 502110 470979 533241
April 2030 502754 476611 528897
May 2030 503968 454075 553861
June 2030 506368 457757 554979
July 2030 508779 467059 550499
August 2030 511202 478996 543408
September 2030 513636 480250 547022
October 2030 516082 480472 551691
November 2030 518539 470315 566763
December 2030 521008 492874 549143
Chesapeake Housing Market Forecast with Real Estate Prices for 2031
January 2031 523489 474805 572174
February 2031 525982 494423 557541
March 2031 528487 485151 571823
April 2031 531003 483744 578262
May 2031 532941 488707 577175
June 2031 534982 484694 585271
July 2031 537530 503128 571932
August 2031 540089 487160 593018
September 2031 542661 506303 579019
October 2031 545245 505442 585048
November 2031 547841 493605 602078
December 2031 550450 505864 595036
Chesapeake Housing Market Forecast with Real Estate Prices for 2032
January 2032 553071 519334 586808
February 2032 555705 526252 585157
March 2032 557882 510462 605302
April 2032 557434 525103 589765
May 2032 556200 515041 597359
June 2032 555622 518395 592849
July 2032 556193 503911 608475
August 2032 557610 502406 612813
September 2032 557978 520593 595362
October 2032 558904 521457 596350
November 2032 560479 510036 610922
December 2032 563148 527670 598626
Chesapeake Housing Market Forecast with Real Estate Prices for 2033
January 2033 565829 532446 599213
February 2033 568524 526453 610595
March 2033 571231 534101 608361
April 2033 573951 542958 604944
May 2033 576272 541120 611425
June 2033 576991 523908 630074
July 2033 576473 528626 624320

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.