Greenbrier · Indian River · Rivercrest · Washington
Data as of February 2026. Source: Realtor.com.
The CHESAPEAKE, VA real estate market (23320) currently shows 86 active listings, with 2 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 28 days on market compared to 27 days last year.
The median listing price has fallen 1.6% year-over-year, from $412,475 to $405,975.
Whether you are buying or selling in CHESAPEAKE, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 62,000 · Density: 754.2/mi² · Median household income: $81,963
Typical home value: $312,512 · Homeownership: 63.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23320 | Chesapeake, VA 23320 | 0.0 mi | 95 | $41,889,300 | $425,000 | $440,940 |
| 23325 | Chesapeake, VA 23325 | 4.5 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23523 | Norfolk, VA 23523 | 6.3 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23702 | Portsmouth, VA 23702 | 7.0 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23502 | Norfolk, VA 23502 | 7.7 mi | 25 | $10,047,150 | $357,500 | $401,886 |
| 23510 | Norfolk, VA 23510 | 8.0 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23507 | Norfolk, VA 23507 | 9.1 mi | 21 | $9,285,234 | $250,000 | $442,154 |
| 23322 | Chesapeake, VA 23322 | 9.1 mi | 144 | $101,792,448 | $664,000 | $706,892 |
| 23509 | Norfolk, VA 23509 | 9.3 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23450 | Virginia Beach, VA 23450 | 9.4 mi | 1 | $200,000 | $200,000 | $200,000 |
| 23452 | Virginia Beach, VA 23452 | 9.5 mi | 50 | $24,090,800 | $377,500 | $481,816 |
| 23456 | Virginia Beach, VA 23456 | 10.2 mi | 123 | $108,716,748 | $640,000 | $883,876 |
| 23508 | Norfolk, VA 23508 | 10.4 mi | 43 | $16,661,683 | $364,900 | $387,481 |
As of February 2026, there are 86 active listings in CHESAPEAKE, VA (zip code 23320), compared to 102 the prior year.
The median listing price in CHESAPEAKE, VA 23320 is $405,975 as of February 2026, a 1.6% decrease from $412,475 the prior year.
Homes in CHESAPEAKE, VA 23320 spend an average of 28 days on the market before going under contract, compared to 27 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CHESAPEAKE, VA 23320 is currently a Balanced Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 28 days on market compared to 27 days last year.
With SELL123.com's maximum 3% commission, sellers in CHESAPEAKE, VA 23320 save an estimated $8,120 compared to a typical 5% commission on the median listing price of $405,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.