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

10 homes for sale in Chesapeake, VA under $200,000, plus 47 lots, from REIN MLS · Listing data as of Oct 3, 3:00 AM ET (syncs every 2 minutes)

10 homes are for sale in Chesapeake under $200,000 today, at a median list price of $190,000. The typical one has 2 bedrooms and about 960 sq ft, and was built in 1978.

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

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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.

Shop byShop Chesapeake homes by$200K–$300K 106$300K–$400K 150$400K–$500K 106$500K–$750K 271Over $750K 99Condos & townhomes 160New construction 194Waterfront 43Land & lots 75On this pageMarketContactFAQ

10 Chesapeake homes and 47 lots for sale in this price range right now

(+16 under contract)
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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, October 3, 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 $200K10+47 lots2960 sqft1978Est. payment up to $1,027/moShown on this page
$200K–$300K93+13 lots31,236 sqft1979Est. payment $1,284/moSee all 106 listings →
$300K–$400K148+2 lots31,606 sqft1985Est. payment $1,798/moSee all 150 listings →
$400K–$500K102+4 lots42,044 sqft2000Est. payment $2,311/moSee all 106 listings →
$500K–$750K267+4 lots42,620 sqft2016Est. payment $3,210/moSee all 271 listings →
Over $750K94+5 lots4–53,226 sqft2026Est. payment from $3,852/moSee all 99 listings →

Market snapshot

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

Of the 57 listings for sale in Chesapeake under $200,000, 7 (12%) have had a price cut, and another 16 are under contract. The median active listing has been on the market 40 days (REIN).

For sale now

Median price per sq ft
$166
Under contract
16
With a price cut
712% of homes for sale

Recently sold

Homes sold
64
Median sold price
$169,500
Median days on market (REIN)
24 days
Median sold price per sq ft
$157

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

Chesapeake housing market trends →Chesapeake market report PDF →

Data: REIN MLS, October 3, 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 October 3, 2026, REIN MLS shows 10 homes for sale in Chesapeake under $200,000, plus 47 lots. Another 16 listings are under contract. Of the 57 listings for sale, 1 has been listed since September 27 and 7 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 10 homes for sale in Chesapeake under $200,000 is $190,000 as of October 3, 2026. The typical home has 2 bedrooms and about 960 sq ft, and was built in 1978. The median list price per square foot is $166.

Chesapeake housing market trends →

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

From March 2026 through September 2026, 64 homes in Chesapeake sold under $200,000 on REIN MLS, at a median sold price of $169,500. The median closed sale was on the market 24 days (REIN).

Market snapshot and recent sales →

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