23323, Chesapeake, VA

The 23323 zip code of Chesapeake, VA is located in the Eastern Shore region of Virginia. The population of this zip code was 25,906 as of the 2010 census. The median household income in this zip code was $86,898 as of 2010.

As of December 31st, 2016 the market value of all residential properties in the 23323 zip code was $1,527,000. This represents a 1% increase from 2015 and a 6% increase from 2014. The average home price in this zip code increased by 5% between 2015 and 2016 and has increased by an average of 9% since 2013.

There are a number of factors that have contributed to the increase in home prices within the 23323 zip code over the past few years. One reason is that there has been an increasing demand for homes within this area due to an influx of new residents and businesses moving into the area. Additionally, there has been an increase in home equity within this area which has allowed homeowners to take advantage of higher prices and purchase additional property. Finally, although there may be some areas within this zip code where prices are lower than others, overall prices have continued to rise due to strong demand from buyers and limited supply on the market