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Area data

Chesapeake, VA — ZIP 23323

Population: 43,043 (Census ACS)

The median home value in ZIP 23323 (Chesapeake, VA) is $430,568 — up 3.3% over the past year. Homes sell for a median $241,500 after a median 18 days on market. Typical rent runs $2,291/month. 10 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with coastalflooding, heatwave, hurricane the top-rated hazards. Cost of living is 3.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$430,568

Median home value

+3.3%

1-year change

18

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$430,568
1-year appreciation
+3.3%
3-year appreciation
+10.0%
5-year appreciation
+26.6%
10-year appreciation
+65.2%
All-time peak (2026-07)
$430,568
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$241,500
Median list price
$417,000
Median price per sqft
$196
1-year sale-price change
-33.8%
Median days on market
18 days
Homes sold (recent period)
4
For-sale inventory
152
Sale-to-list ratio
100.7%
Active listings
2
1-year forecast
+1.8%
Days to pending
36 days
New listings (monthly)
63

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,291/mo
1-year rent change
+4.2%
Studio fair-market rent
$1,740/mo
1BR fair-market rent
$1,770/mo
2BR fair-market rent
$2,000/mo
3BR fair-market rent
$2,770/mo
4BR fair-market rent
$3,270/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
10
Elementary schools
5
Middle schools
2
High schools
2
Schools include
Camelot Elementary, Deep Creek Elementary, DEEP CREEK MIDDLE, G.A. Treakle Elementary, Hugo A. Owens Middle

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
coastalFlooding, heatWave, hurricane, inlandFlooding, tornado
Notable hazard ratings (county)
coastalFlooding: Relatively Moderate · coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 58% of US counties
Buildings in wildfire direct-exposure zone
34.8%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
St. Juliens Creek Annex (U.S. Navy) (7.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
55.6 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
6.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
81,360
Jobs reachable by transit (45 min)
76,397

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
5
Nearest national park
Fort Monroe National Monument (23 mi)
National parks include
Fort Monroe National Monument, Cape Henry Memorial Part of Colonial National Historical Park, Yorktown Battlefield Part of Colonial National Historical Park
Airports within 30 mi
20
Nearest airport
Chesapeake Regional Airport (4 mi)
Nearest major airport
Norfolk International Airport (ORF) (17 mi)
Hospitals nearby (~15 mi)
7
Hospitals include
BON SECOURS MARYVIEW MEDICAL CENTER, SENTARA OBICI HOSPITAL, SENTARA LEIGH HOSPITAL
Avg hospital rating (CMS)
3.7 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+256 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,992
Housing built before 1970
18.8%
Housing built 2000 or later
36.0%
Median annual property tax
$3,192
Mean commute to work
23 min
Households with broadband internet
78.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
88,821
Average weekly wage
$1,075
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
597

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 23323State medianUS median
Median home value$430,568$331,625$289,727
Median sale price$241,500$380,000$325,000
Median days on market18 days35 days51 days
Typical rent$2,291/mo$2,038/mo$1,808/mo
Median annual property tax$3,192$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 23323?
$430,568.
What is the median sale price in ZIP 23323?
$241,500.
How long do homes take to sell in ZIP 23323?
Median days on market: 18 days.
What is typical rent in ZIP 23323?
Typical rent: $2,291/month.
What is the natural-hazard risk in ZIP 23323?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coastalFlooding, heatWave, hurricane, inlandFlooding, tornado.
Is ZIP 23323 in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in ZIP 23323?
Risk to homes is higher than 58% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 23323?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 23323?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 23323?
10 schools (5 elementary, 2 middle, 2 high) (NCES, 2022-23).
Is ZIP 23323 walkable?
Walkability index: 6.0/20 (EPA Smart Location Database).
What is the cost of living in ZIP 23323?
Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents