The Southern Chesapeake housing market is somewhat competitive. The median sale price of a home in Southern Chesapeake was $575K last month, down 8.6% since last year. The median sale price per square foot in Southern Chesapeake is $245, up 4.0% since last year.
What is the housing market like in Southern Chesapeake today?
$575K
Sale Price
-8.6% since last year
$245
Sale $/Sq. Ft.
+4.0% since last year
Under List Price
0.1%
Days on Market
27
Down Payment
—
Total Homes Sold
12
To compare other locations to the Southern Chesapeake 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 Southern Chesapeake housing market?
Southern Chesapeake is somewhat competitive. Homes sell in 27 days.
0
100
55
Somewhat 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 3 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 27 days.
Hot homes
can sell for around list price and go pending in around 18 days.
Learn about schools in the Southern Chesapeake area
Elementary
Middle
High
GreatSchools Rating
9/10
Hickory Elementary School
Public • PreK-5
478
Students
14 reviews
9/10
Butts Road Intermediate School
Public • 3-5
656
Students
7 reviews
8/10
Cedar Road Elementary School
Public • PreK-5
840
Students
13 reviews
8/10
Grassfield Elementary School
Public • PreK-5
1035
Students
10 reviews
8/10
Southeastern Elementary School
Public • PreK-5
804
Students
7 reviews
Only showing 5 of
10 elementary schools.
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 Southern Chesapeake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southern Chesapeake.
Risk Factor
Flood Factor - Moderate
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southern Chesapeake has a moderate risk of flooding. 16 properties in Southern Chesapeake are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Southern Chesapeake. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southern Chesapeake has a moderate risk of wildfire. There are 19 properties in Southern Chesapeake that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Southern Chesapeake.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Southern Chesapeake has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southern Chesapeake is most at risk from hurricanes. 75 properties in Southern Chesapeake 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 105 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 115 mph.
50% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Southern Chesapeake has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 50% of homes in Southern Chesapeake have a Severe Heat Factor®.
Southern Chesapeake is expected to see a 128% increase in the number of days over 108ºF over the next 30 years. Southern Chesapeake is expected to experience 7