Is Chesapeake, OH 45619 a buyer’s or seller’s market?
Chesapeake is a seller’s market. With about 3.4 months of supply and 7% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Chesapeake housing market right now
In the three months ending August 31, 2026, 7% of homes in Chesapeake, OH 45619 sold above their list price, the typical home went under contract in 32 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold faster (53 days then) and the median sale price rose 12% to $192,917. Overall, Chesapeake is less competitive than a year ago, which gives buyers more room.
Within Lawrence County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 67%.
Nearby, buyers who want less competition could look at Willow Wood 45696 (0% sold over asking) or Pedro 45659 (0% sold over asking), while Kitts Hill 45645 (50% sold over asking) and Ironton 45638 (24% sold over asking) are even more competitive.
Run the numbers for 45619
Nearby markets
Ironton 45638Seller’s market $121 /sq ftKitts Hill 45645 $69 /sq ftPedro 45659Buyer’s market $78 /sq ftProctorville 45669Seller’s market $156 /sq ft Browse all markets →Towns like Chesapeake nearby
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Questions about Chesapeake real estate
Is Chesapeake a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Chesapeake, OH 45619 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Chesapeake?
The typical home went under contract in 32 days in the latest three months.
Do homes in Chesapeake sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 90.3% of the list price.
What are property taxes in Chesapeake?
About 0.84% of a home’s value a year in Lawrence County, or roughly $3,360 on a $400,000 home.
What is the median home price in Chesapeake?
The median sale price was $192,917 in the three months ending August 31, 2026, about $111 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology