South Norfolk (SoNo) · South Norfolk Historic District
Data as of February 2026. Source: Realtor.com.
The CHESAPEAKE, VA real estate market (23324) currently shows 43 active listings. Homes are averaging 44 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 44 days on market compared to 52 days last year.
The median listing price has fallen 2.3% year-over-year, from $274,975 to $268,725.
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: 22,843 · Density: 1,325.3/mi² · Median household income: $57,636
Typical home value: $219,673 · Homeownership: 55.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23324 | Chesapeake, VA 23324 | 0.0 mi | 55 | $16,439,995 | $290,000 | $298,909 |
| 23523 | Norfolk, VA 23523 | 2.3 mi | 12 | $3,965,508 | $330,000 | $330,459 |
| 23702 | Portsmouth, VA 23702 | 2.9 mi | 35 | $8,948,415 | $245,000 | $255,669 |
| 23504 | Norfolk, VA 23504 | 4.0 mi | 50 | $15,550,500 | $287,250 | $311,010 |
| 23707 | Portsmouth, VA 23707 | 4.6 mi | 43 | $12,878,973 | $285,000 | $299,511 |
| 23517 | Norfolk, VA 23517 | 4.9 mi | 11 | $3,461,832 | $292,450 | $314,712 |
| 23464 | Virginia Beach, VA 23464 | 5.3 mi | 73 | $31,454,021 | $424,500 | $430,877 |
| 23509 | Norfolk, VA 23509 | 5.7 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23513 | Norfolk, VA 23513 | 6.5 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23703 | Portsmouth, VA 23703 | 7.7 mi | 72 | $25,197,552 | $348,500 | $349,966 |
| 23321 | Chesapeake, VA 23321 | 8.1 mi | 85 | $38,078,725 | $452,500 | $447,985 |
| 23518 | Norfolk, VA 23518 | 8.7 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23503 | Norfolk, VA 23503 | 10.2 mi | 67 | $29,425,864 | $350,000 | $439,192 |
As of February 2026, there are 43 active listings in CHESAPEAKE, VA (zip code 23324), compared to 47 the prior year.
The median listing price in CHESAPEAKE, VA 23324 is $268,725 as of February 2026, a 2.3% decrease from $274,975 the prior year.
Homes in CHESAPEAKE, VA 23324 spend an average of 44 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of February 2026, CHESAPEAKE, VA 23324 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 44 days on market compared to 52 days last year.
With SELL123.com's maximum 3% commission, sellers in CHESAPEAKE, VA 23324 save an estimated $5,375 compared to a typical 5% commission on the median listing price of $268,725. 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.