Chesapeake Leads Virginia in Home Value Growth as Defense Sector Expands
Home values in Chesapeake have surged 16.4% year-over-year, outpacing the statewide average of 1.5%. With a median home value of $413,755 and average equity positions reaching $173,777, the city is emerging as one of the strongest performers in NoVA corridor. Our analysis breaks down the key drivers behind this growth and what homeowners should know.