ZIP Code 23324 — Chesapeake, VA Home Prices (2026)
The typical home in ZIP 23324 (Chesapeake, Virginia) is worth about $290,000 at roughly $210 per square foot — 28% more affordable than the Chesapeake median and 1% more affordable than the typical U.S. home.
How 23324 compares
ZIP 23324 is one of the more affordable ZIP codes in Chesapeake: its typical home value of $290,000 ranks #6 of the 6 Chesapeake ZIP codes we track (the citywide range runs from $290,000 in 23324 to $558,000 in 23322). Per square foot it costs about $210, against $219 for Chesapeake as a whole, $221 for Virginia, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 23324 | $290,000 | $210 |
| Chesapeake, VA | $401,000 | $219 |
| Virginia | $342,000 | $221 |
| United States | $294,000 | $195 |
Home value by size in 23324
Using this ZIP’s rate of about $210 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $210,000 |
| 1,500 sq ft | $315,000 |
| 2,000 sq ft | $420,000 |
| 2,500 sq ft | $525,000 |
| 3,000 sq ft | $630,000 |
Salary needed to buy a home in ZIP 23324
To buy the typical $290,000 home in ZIP 23324 with 20% down, you need a household income of roughly $79,000 a year (about $1,840 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $94,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $14,500 | $2,290/mo | $98,000/yr |
| 10% (+PMI) | $29,000 | $2,190/mo | $94,000/yr |
| 20% | $58,000 | $1,840/mo | $79,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 23324
At about $210 per square foot, here is roughly how much home different budgets get you in ZIP 23324:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 710 sq ft | below the local median — condos, smaller or older homes |
| $200k | 950 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1190 sq ft | around the typical home here |
| $300k | 1430 sq ft | around the typical home here |
| $400k | 1900 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 23324 home.
Estimate a specific home in 23324
The estimator below is pre-set to ZIP 23324 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Chesapeake ZIP codes by home value
Where 23324 sits among Chesapeake’s 6 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 23322 | $558,000 | $249 |
| 2 | 23323 | $431,000 | $217 |
| 3 | 23321 | $407,000 | $213 |
| 4 | 23320 | $395,000 | $220 |
| 5 | 23325 | $333,000 | $229 |
| 6 | 23324 (this page) | $290,000 | $210 |
ZIP 23324 home prices: frequently asked
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See the full Chesapeake home values page, all Virginia cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.