The story of this market
The typical home in ZIP 23320 sells for about $425,000, or $233 per square foot.
Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,716 a month.
ZIP 23320 — Chesapeake
The 23320 housing market shows stable activity with a median list price around $524,950 and a median home value of $312,300. Market data for specific metrics like year-over-year price change and rental rates are not currently published at the ZIP level. The area remains a popular suburban choice due to its established infrastructure and proximity to the Greenbrier commercial hub.
This ZIP is well-suited for families and professionals seeking a suburban environment with convenient access to major regional employment hubs and retail amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 8.9% — a stable, low-distress profile.
ZCTA 23320, Chesapeake City VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by Chesapeake Public Schools, which generally maintains a stable reputation within the regional district framework.
The region is subject to coastal flood risks and hurricane-related wind exposure, necessitating standard flood insurance coverage for many properties.
The area benefits from proximity to the Greenbrier commercial corridor, which serves as a major hub for retail, office, and employment activity in Chesapeake.
Property taxes are assessed by the City of Chesapeake; specific rates and exemptions are determined by the city's annual budget and assessment cycle.
Residents typically commute via I-64 and local arterials toward employment centers in Norfolk, Virginia Beach, and the Chesapeake Greenbrier district.
The area features access to local parks, the Greenbrier Country Club, and extensive shopping and dining options along the Greenbrier Parkway corridor.
The rental market is characterized by steady demand driven by the area's central location and proximity to major regional employers.
The local economy is anchored by retail, healthcare, and professional services, with significant employment spillover from the broader Hampton Roads military and logistics sectors.
Transportation is primarily automobile-dependent, relying on the I-64 corridor and major surface streets for regional connectivity.
Ongoing development focuses on infill residential projects and the continued evolution of the Greenbrier commercial district.
The City of Chesapeake operates its own assessment office for property tax purposes.
Parcels are subject to City of Chesapeake municipal taxes and Chesapeake Public Schools district levies.
Property insurance premiums are influenced by regional coastal hazard profiles and the proximity to flood-prone zones.
Data sourced from ZCTA 23320 census profiles.
- Apex Entertainment Virginia Beach4.57.1 mi
- Dave & Buster's4.18.9 mi
- Hunt Club Farm4.610.6 mi
- Sky Zone Trampoline Park4.22.4 mi
- Motor World4.112.7 mi
- Virginia Aquarium & Marine Science Center4.413.4 mi
- Virginia Beach Convention Center4.513.9 mi
- Veterans United Home Loans Amphitheater at Virginia Beach4.46.1 mi
- Topgolf Virginia Beach4.46.2 mi
- Golden Corral Buffet & Grill46.6 mi
- Virginia Zoo4.58.9 mi
- Norfolk Botanical Garden4.89.9 mi
- Mount Trashmore Park4.76.9 mi
- Apex Entertainment Virginia Beach4.57.1 mi
- AMC Lynnhaven 1848.7 mi
- Virginia Aquarium & Marine Science Center4.413.4 mi
- Chrysler Museum of Art4.88.1 mi
- Nauticus4.77.7 mi
- Cape Henry Lighthouse4.416.2 mi
- USS Wisconsin BB-644.87.7 mi
- Norfolk Botanical Garden4.89.9 mi
- Mount Trashmore Park4.76.9 mi
- Oak Grove Park4.72.6 mi
- Chesapeake City Park4.70.9 mi
- Princess Anne Athletic Complex4.66.4 mi
- VIG Portsmouth3.411.3 mi
- Cavalier Golf & Yacht Club4.713.8 mi
- Hampton Yacht Club4.619.5 mi
- Tidewater Yacht Marina4.77.4 mi
- Bay Point Marina4.511.6 mi
- Topgolf Virginia Beach4.46.2 mi
- Virginia Beach National Golf Club4.57.6 mi
- Greenbrier Country Club4.50.6 mi
- Bide-A-Wee Golf Course4.47.6 mi
- Sewells Point Golf Course4.312.1 mi
- Lynnhaven Mall4.48.9 mi
- Norfolk Premium Outlets4.48.6 mi
- Greenbrier Mall4.11.6 mi
- Grand Mart4.47.5 mi
- Town Center of Virginia Beach4.57.4 mi
- Norfolk International Airport4.39.4 mi
- Naval Air Station Oceana4.311.1 mi
- Newport News/Williamsburg International Airport4.430.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A prominent golf and social club serving the local community.
A major regional shopping destination located within the ZIP.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.