What the Pros Know

253,886

Population

0.6% YoY

2023

36.2

Median Age

2.4% YoY

2022

$92,703

Median Household Income

8.3% YoY

2022

128,182

Labor Force

1.4% MoM

0.1% YoY

8/2024

123,832

Employed

1.5% MoM

0.4% YoY

8/2024

3.4%

Unemployment Rate

3% MoM

9.7% YoY

8/2024

$470,000

Median Sale Price

1.6% MoM

10.6% YoY

8/2024

213

Homes Sold

14.8% MoM

17.8% YoY

8/2024

2.0

Months Inventory

19.8% MoM

42.7% YoY

8/2024

28

Days on Market

3 MoM

6 YoY

8/2024

416

Listings

2.3% MoM

19.2% YoY

8/2024

100.4%

Sale Price to List Price

0.3% MoM

0.2% YoY

8/2024

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Cities included in Chesapeake: Chesapeake


Zip Codes included in Chesapeake: [Click for zip code level data] 23320, 23321, 23322, 23323, 23324, 23325


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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