Area data
Chesapeake, VA — ZIP 23324
Population: 24,670 (Census ACS)
The median home value in ZIP 23324 (Chesapeake, VA) is $289,580 — up 2.7% over the past year. Homes sell for a median $316,500 after a median 25 days on market. Typical rent runs $1,963/month. 6 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).
$289,580
Median home value
+2.7%
1-year change
25
Median days on market
Relatively Low
Hazard risk (county)
Home values & appreciation
- Median home value
- $289,580
- 1-year appreciation
- +2.7%
- 3-year appreciation
- +11.2%
- 5-year appreciation
- +30.8%
- 10-year appreciation
- +80.1%
- All-time peak (2026-07)
- $289,580
- 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
- $316,500
- Median list price
- $314,999
- Median price per sqft
- $198
- 1-year sale-price change
- +5.5%
- Median days on market
- 25 days
- Homes sold (recent period)
- 79
- For-sale inventory
- 85
- Sale-to-list ratio
- 99.1%
- Active listings
- 43
- 1-year forecast
- +1.7%
- Days to pending
- 49 days
- New listings (monthly)
- 30
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $1,963/mo
- Studio fair-market rent
- $1,270/mo
- 1BR fair-market rent
- $1,290/mo
- 2BR fair-market rent
- $1,460/mo
- 3BR fair-market rent
- $2,020/mo
- 4BR fair-market rent
- $2,380/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
- 6
- Elementary schools
- 5
- Middle schools
- 1
- High schools
- 0
- Schools include
- George W. Carver Intermediate, Thurgood Marshall Elementary, PORTLOCK PRIMARY, Rena B. Wright Primary, OSCAR SMITH 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
- 5
- Nearest Superfund site
- Atlantic Wood Industries, Inc. (1.5 mi)
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
- 10.8 / 20
- Transit service frequency
- 669
- Jobs reachable by car (30 min)
- 99,525
- Jobs reachable by transit (45 min)
- 88,081
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 5
- Nearest national park
- Fort Monroe National Monument (15 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
- 18
- Nearest airport
- Norfolk International Airport (ORF) (8 mi)
- Nearest major airport
- Norfolk International Airport (ORF) (8 mi)
- Hospitals nearby (~15 mi)
- 8
- 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
- 1,970
- Housing built before 1970
- 49.7%
- Housing built 2000 or later
- 17.6%
- Median annual property tax
- $1,851
- Mean commute to work
- 23 min
- Households with broadband internet
- 60.5%
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 23324 | State median | US median | |
|---|---|---|---|
| Median home value | $289,580 | $331,625 | $289,727 |
| Median sale price | $316,500 | $380,000 | $325,000 |
| Median days on market | 25 days | 35 days | 51 days |
| Typical rent | $1,963/mo | $2,038/mo | $1,808/mo |
| Median annual property tax | $1,851 | $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 23324?
- $289,580.
- What is the median sale price in ZIP 23324?
- $316,500.
- How long do homes take to sell in ZIP 23324?
- Median days on market: 25 days.
- What is typical rent in ZIP 23324?
- Typical rent: $1,963/month.
- What is the natural-hazard risk in ZIP 23324?
- Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: coastalFlooding, heatWave, hurricane, inlandFlooding, tornado.
- Is ZIP 23324 in a flood zone?
- High (FEMA NFIP). FEMA flood zone AE.
- What is the wildfire risk in ZIP 23324?
- 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 23324?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 23324?
- 5 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Atlantic Wood Industries, Inc., 1.5 mi.
- How many schools serve ZIP 23324?
- 6 schools (5 elementary, 1 middle) (NCES, 2022-23).
- Is ZIP 23324 walkable?
- Walkability index: 10.8/20 (EPA Smart Location Database).
- What is the cost of living in ZIP 23324?
- Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).
Nearby ZIP codes
Selling a home in Chesapeake, VA?
REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.
Data last updated
Most recent source refresh: Sep 2026. See all data sources →