Deep Creek (Deep Creek South)

Chesapeake, VA

Neighborhood Market Analysis

Q3 2025 Report
$375,000 - $425,000 (2024-2025)
Median Home Price
Moderate (Walk Score: 35-45); car-dependent but walkable within subdivisions to parks and schools.
Walkability Score
Above average to excellent; Deep Creek schools are highly rated and a major draw for families[1][4][5].
School Rating

Location Overview

Neighborhood Boundaries

Generally south of I-64, bordered by the Dismal Swamp Canal to the west, and extending east toward the Great Bridge area. Includes Deep Creek South and adjacent residential subdivisions.

Zip Codes

23323

Market Data Summary

Price Range$350,000 to mid-$400,000s for most single-family homes; some properties above $500,000 for larger or newer builds
Price per Sq Ft$170 - $210 (2024-2025)
Inventory LevelsLow to moderate; homes sell quickly, especially those in move-in ready condition.

Property Characteristics

Home Types & Architecture

Home Types

Single-family detached homesBrick ranchesColonialsSplit-levels

Architectural Styles

Brick ranch (1960s-1980s)Traditional colonialModern craftsman (newer builds)

Property Details

Typical Lot Sizes0.25 to 0.5 acres; some larger lots over 0.75 acres
Home Age RangePrimarily 1960s-1990s; some new construction (2020s)
Construction QualityGenerally high; well-maintained, brick exteriors common, many homes updated or renovated.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly middle to upper-middle income; high rate of college-educated adults; diverse but majority White and African American populations.

Community Vibe

Suburban, peaceful, strong sense of community, dog-friendly, active neighborhood associations.

Typical Residents

  • Families with children
  • Professionals
  • Retirees
  • Military families

Family Friendly

Extremely family-friendly; among the top neighborhoods for families in Virginia due to schools, safety, and amenities[1][4].

Amenities & Lifestyle

Parks & Recreation

  • Deep Creek Park
  • Izzak Walton League Park
  • Dismal Swamp Canal Trail

Dining Options

  • Pizza Plus
  • Tenko Japan
  • Waffle House
  • Ray's Pizza
  • Golden China

Shopping Centers

  • Cedar Road Plaza
  • Chesapeake Square Mall (nearby)

Local Businesses

  • Food Lion
  • Covington Sugar
  • Markley's Refinishing
  • Ole Mexican Foods

Education & Schools

Above average to excellent; Deep Creek schools are highly rated and a major draw for families[1][4][5].
Overall School Rating

Elementary Schools

  • Deep Creek Central Elementary
  • Camelot Elementary

Middle Schools

  • Deep Creek Middle

High Schools

  • Deep Creek High

Private Schools

  • Greenbrier Christian Academy (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Hampton Roads Transit bus routes (limited coverage)

Major Roads

  • I-64
  • George Washington Hwy (US-17)
  • Cedar Road

Commute & Walkability

Commute Times20-30 minutes to downtown Norfolk; 15-25 minutes to major employers in Chesapeake and Portsmouth.
WalkabilityModerate within neighborhoods; low for errands.
ParkingAmple off-street parking; garages and driveways standard.

Marketing Intelligence

Target Buyer Types

  • Families with children
  • Move-up buyers
  • Military transferees
  • Professionals seeking suburban lifestyle

Key Selling Points

  • Top-rated schools
  • Large, well-maintained homes
  • Safe, family-friendly environment
  • Proximity to parks and shopping

Pricing Considerations

Price competitively within the $350K-$450K range for most homes; premium for renovated or larger properties.

Common Objections & Response Strategies

Objection: Traffic congestion and toll roads

Response Strategy:

Highlight alternate routes, flexible commute times, and the value of amenities and schools offsetting commute inconvenience.

Objection: Limited walkability for errands

Response Strategy:

Emphasize walkability within subdivisions, proximity to parks, and short drives to major shopping centers.

Objection: Older home ages

Response Strategy:

Showcase recent renovations, solid construction, and potential for customization.

Investment Insights

Investment Potential

Appreciation Potential

Moderate to strong; steady demand from families and professionals, limited new land for development.

Rental Demand

Moderate; primarily owner-occupied but some demand from military and relocating professionals.

Buyer Competition

High for updated, move-in ready homes; multiple offers common in spring/summer.

Best For

  • Families
  • Move-up buyers
  • Relocating professionals
  • Military families

Potential Concerns

  • Traffic congestion at peak hours
  • Toll roads impacting commute costs
  • Limited walkability for errands

Professional Recommendations

1

Emphasize school quality and family-friendly amenities in all marketing.

2

Leverage local testimonials and community events to build trust with buyers.

3

Prepare for multiple-offer scenarios; advise buyers on competitive bidding strategies.

4

Educate buyers on tolls and traffic patterns to set realistic expectations.

5

Highlight recent renovations and potential for value-add improvements.

Competitive Analysis

Comparable Markets

  • Great Bridge
  • Greenbrier
  • Western Branch

Market Positioning

Premium family neighborhood with strong community ties and excellent schools.

Competitive Advantages

  • Larger lot sizes
  • Lower crime rates
  • Top-tier schools

Price Comparison

Generally more affordable than Great Bridge, similar to Western Branch, and more spacious than Greenbrier.

Investment Metrics

3.8% - 4.5% (2024-2025, single-family rentals)
Cap Rates
4% - 5% gross yield
Rental Yields
18-20
Price-to-Rent
Modest; best for long-term appreciation and stable tenants rather than high cash flow.
Cash Flow
3% - 5% annual appreciation expected over next 3 years.
Appreciation

Buyer Journey Insights

First-Time Buyers

May be priced out of larger homes but can find value in smaller ranches; benefit from strong schools and community.

Move-Up Buyers

Ideal market for those seeking more space, better schools, and a stable neighborhood.

Downsizers

Limited options; most homes are larger, but some ranches may suit empty nesters.

Investors

Moderate rental demand; best for long-term hold and appreciation, not high cash flow.

Relocators

Strong appeal due to schools, safety, and amenities; virtual tours and remote closings common.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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