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Homes for Sale in Chesapeake, VA Under $200,000

13 homes for sale in Chesapeake, VA under $200,000, plus 26 lots, from REIN MLS · Listing data as of Nov 12, 6:10 PM ET (syncs every 2 minutes)

13 homes are for sale in Chesapeake under $200,000 today, at a median list price of $189,000. The typical one has 2 bedrooms and about 960 sq ft, and was built in 1970.

Tom & Dariya Milan, RealtorsBrokered by LPT Realty · Call or text (757) 777-7577

All Chesapeake homes for sale →

Source: REIN MLS. For sale now and days on market include lots; median list price and new this week are for homes only. Homes under contract are excluded.

13 Chesapeake homes and 26 lots for sale in this price range right now

(+18 under contract)
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Showing 1–56 of 57

Homes for sale are listed first, newest listings first; homes under contract follow.

Price ranges

Chesapeake, VA homes for sale by price range

Medians of active REIN MLS listings, November 12, 2026. Lots and land are counted separately and left out of the typical beds, size and year built. Est. payment is principal and interest only, 30-year fixed at 6.65% (an assumption, not a quote) with 20% down; taxes, insurance and HOA fees are extra. Estimates are for informational purposes only and do not constitute a loan offer or pre-approval. Compare local lenders: Hampton Roads lenders.
Price rangeHomes for saleTypical bedsTypical sizeTypical year builtEst. P&I / moListings
Under $200K13+26 lots2960 sqft1970Est. payment up to $1,027/moShown on this page
$200K–$300K107+12 lots31,275 sqft1983Est. payment $1,284/moSee all 119 listings →
$300K–$400K170+2 lots31,600 sqft1976Est. payment $1,798/moSee all 172 listings →
$400K–$500K138+6 lots42,058 sqft2004Est. payment $2,311/moSee all 144 listings →
$500K–$750K278+6 lots42,642 sqft2018Est. payment $3,210/moSee all 284 listings →
Over $750K92+7 lots43,251 sqft2026Est. payment from $3,852/moSee all 99 listings →

Market snapshot

Chesapeake homes under $200,000: market snapshot, November 2026

Of the 39 listings for sale in Chesapeake under $200,000, 10 (26%) have had a price cut, and another 18 are under contract. The median active listing has been on the market 9 days (REIN).

For sale now

Median price per sq ft
$171
Under contract
18
With a price cut
1026% of homes for sale

Recently sold

Homes sold
69
Median sold price
$170,000
Median days on market (REIN)
25 days
Median sold price per sq ft
$158

Closed sales from REIN MLS, March 2026 – October 2026.

Chesapeake housing market trends →Chesapeake market report PDF →

Data: REIN MLS, November 12, 2026.

Tom and Dariya Milan

Your agents

Your Chesapeake real estate agents: Tom & Dariya Milan

Tom & Dariya Milan, Realtors

Brokered by LPT Realty

We are Tom and Dariya Milan, a husband-and-wife team of licensed real estate agents in Virginia, serving Hampton Roads since 2005. Our office is at Town Center in Virginia Beach, and we are members of REIN MLS, the listing service behind every home on this page. In Chesapeake our work takes us across Greenbrier, Great Bridge, Hickory, Deep Creek, Western Branch and South Norfolk. Call or text us about any Chesapeake home on REIN MLS, or ask for a private showing.

Office: 249 Central Park Ave Ste 300-220, Virginia Beach, VA 23462

Call or text (757) 777-7577

What's my Chesapeake home worth? →About Tom & Dariya →

FAQ

Homes for sale in Chesapeake, VA under $200,000: FAQ

How many homes are for sale in Chesapeake, VA under $200,000?

As of November 12, 2026, REIN MLS shows 13 homes for sale in Chesapeake under $200,000, plus 26 lots. Another 18 listings are under contract. Of the 39 listings for sale, 7 have been listed since November 6 and 10 have had a price cut.

All Chesapeake homes for sale →

What do homes under $200,000 in Chesapeake look like?

The median list price of the 13 homes for sale in Chesapeake under $200,000 is $189,000 as of November 12, 2026. The typical home has 2 bedrooms and about 960 sq ft, and was built in 1970. The median list price per square foot is $171.

Chesapeake housing market trends →

How fast do homes under $200,000 sell in Chesapeake?

From March 2026 through October 2026, 69 homes in Chesapeake sold under $200,000 on REIN MLS, at a median sold price of $170,000. The median closed sale was on the market 25 days (REIN).

Market snapshot and recent sales →