The River Walk housing market is very competitive. The median sale price of a home in River Walk was $475K last month, up 13.1% since last year. The median sale price per square foot in River Walk is $209, up 15.5% since last year.
What is the housing market like in River Walk today?
In March 2024, River Walk home prices were up 13.1% compared to last year, selling for a median price of $475K. On average, homes in River Walk sell after 96 days on the market compared to 20 days last year. There were 5 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$475,000
+13.1% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
River Walk, VA
$475,000
+13.1%
United States
To compare other locations to the River Walk and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chesapeake add value to a home.
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How hot is the River Walk housing market?
River Walk is very competitive. Homes sell in 21 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 21 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on River Walk housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in River Walk.
Risk Factor
Flood Factor - Moderate
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
River Walk has a moderate risk of flooding. 103 properties in River Walk are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in River Walk. Flood risk is increasing faster than the national average.
47% of properties are at risk of wildfire over the next 30 years
Fire Factor
River Walk has a moderate risk of wildfire. There are 344 properties in River Walk that have some risk of being affected by wildfire over the next 30 years. This represents 47% of all properties in River Walk.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
River Walk has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. River Walk is most at risk from hurricanes. 730 properties in River Walk have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 115 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 127 mph.