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23323 Housing Market Report June 2025•Chesapeake County, Virginia

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Housing Prices in 23323, VA

How much do homes in 23323, VA cost?

Housing Market Conditions

Is 23323, VA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

23323 is a Seller's Market

Difference Since May 2025

Last month, 23323 has remained a Seller's Market.

Insight

23323 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$395,000$224/SqFt
+$56,500
+16.7%

Based on all homes sold in June 2025

Insight

Homes in 23323 have sold for 16.7% more than they did a month ago.

Summary: The median home sold price in 23323 was $395,000 in June 2025, up 16.7% from last month, and the median price per square foot was $224.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2--
N/A
3$338.5K$395K
+16.7%
4--
N/A
5--
N/A

Summary: 23323 housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +16.7%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 23323, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

23323, VA

Housing supply in 23323, VA

How many homes are available in 23323, VA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
333Last MonthJun 2025
3002 months agoMay 2025
+11.0 %
Change MoMMay – Jun

Summary: The 23323 real estate market had 333 homes for sale in Jun 2025, a 11.0 % increase compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
59Last MonthJun 2025
712 months agoMay 2025
-16.9 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
21310
-23.1%
3100114
+14.0%
4130153
+17.7%
55756
-1.8%

Summary: 23323 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -23.1%. The inventory for 3 bedroom homes increased by +14.0%. The inventory for 4 bedroom homes increased by +17.7%. The inventory for 5 bedroom homes decreased by -1.8%.

Asking Price vs. Sold Price

How much do homes in 23323, VA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in 23323, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in 23323 in June 2025, down by 16.9% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 23323, VA

How long does it take to sell a home in 23323, VA?

Breakdown of Home Sale Times

Under 30 Days40 Homes

30 – 90 Days15 Homes

Over 90 Days4 Homes

Insight

Many homes in 23323 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 59 homes were sold in 23323; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
25 DaysLast MonthJun 2025
16 Days1 month agoMay 2025
+54.4 %
Change MoMMay – Jun

Summary: Homes in 23323 had an average listing age of 25 days in Jun 2025, up by 54.4% compared to the previous month.

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Newest Listings in 23323, VA

What homes are available in 23323, VA?

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Nearby markets

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Real Estate Information Network, for the period 05/01/2025 - 07/01/2025

IDXCopyright © 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.

Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.

REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 10:45:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.