Land and home values in Chesapeake, VA
Chesapeake is a city in Chesapeake city, Virginia, home to about 252,583 people. Residential land runs about $15.50 per sq ft, the typical home is worth about $431,000, and a 2-bedroom rents for about $2,500 a month, as of October 12, 2026.
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| Land: residential | $15.50 | per sq ft |
| Land: residential | $675,180 | per acre |
| Land: quarter-acre lot | $168,795 | 10,890 sq ft |
| Home: typical (median) | $431,000 | value |
| Home: entry-level | $431,000 | lower quartile |
| Home: upper-end | $767,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $2,180 | per month |
| Rent: 2-bedroom | $2,500 | per month |
| Rent: 3-bedroom | $3,420 | per month |
| Rent: 4-bedroom | $4,030 | per month |
| Gross yield, 2-bed | 7.0% | a year |
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Questions people ask
How much is land worth in Chesapeake, VA?
Residential land in Chesapeake, VA is about $15.50 per square foot, or $675,180 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $168,795. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Chesapeake, VA?
The typical (median) home in Chesapeake, VA is worth about $431,000, with entry-level homes around $431,000 and upper-end homes around $767,000, as of October 2026.
How much is rent in Chesapeake, VA?
A 2-bedroom rents for about $2,500 a month in Chesapeake, VA, a 1-bedroom about $2,180 and a 3-bedroom about $3,420 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.