Camelot · Deep Creek · Great Bridge · Pleasant Grove · Southern Chesapeake
Data as of February 2026. Source: Realtor.com.
The CHESAPEAKE, VA real estate market (23323) currently shows 63 active listings. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 35 days on market compared to 31 days last year.
The median listing price has risen 1.3% year-over-year, from $491,225 to $497,450.
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: 41,909 · Density: 197.5/mi² · Median household income: $99,407
Typical home value: $320,754 · Homeownership: 80.8%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23323 | Chesapeake, VA 23323 | 0.0 mi | 73 | $35,052,848 | $450,000 | $480,176 |
| 23702 | Portsmouth, VA 23702 | 7.2 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23322 | Chesapeake, VA 23322 | 8.3 mi | 144 | $101,792,448 | $664,000 | $706,892 |
| 23704 | Portsmouth, VA 23704 | 9.0 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23707 | Portsmouth, VA 23707 | 9.6 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23435 | Suffolk, VA 23435 | 10.6 mi | 135 | $73,078,605 | $517,000 | $541,323 |
| 23510 | Norfolk, VA 23510 | 11.1 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23434 | Suffolk, VA 23434 | 11.7 mi | 176 | $70,559,808 | $375,000 | $400,908 |
| 23504 | Norfolk, VA 23504 | 12.1 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23464 | Virginia Beach, VA 23464 | 12.7 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23509 | Norfolk, VA 23509 | 13.7 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23432 | Suffolk, VA 23432 | 14.7 mi | 3 | $1,352,901 | $501,950 | $450,967 |
| 23436 | Suffolk, VA 23436 | 14.8 mi | 5 | $5,710,700 | $719,450 | $1,142,140 |
As of February 2026, there are 63 active listings in CHESAPEAKE, VA (zip code 23323), compared to 76 the prior year.
The median listing price in CHESAPEAKE, VA 23323 is $497,450 as of February 2026, a 1.3% increase from $491,225 the prior year.
Homes in CHESAPEAKE, VA 23323 spend an average of 35 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CHESAPEAKE, VA 23323 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 35 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in CHESAPEAKE, VA 23323 save an estimated $9,949 compared to a typical 5% commission on the median listing price of $497,450. 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.