Great Bridge

Chesapeake, VA

Neighborhood Market Analysis

Q3 2025 Report
$550,000
Median Home Price
Moderate (est. 45–55/100); car-dependent but with some walkable pockets near shopping and schools.
Walkability Score
Chesapeake City Public Schools are highly rated; Cedar Road Elementary (A), Great Bridge Middle (B+), Great Bridge High (B+).
School Rating

Location Overview

Neighborhood Boundaries

Centered around Battlefield Blvd S, Cedar Rd, and Johnstown Rd; includes zip codes 23322 and 23323; bordered by the Elizabeth River and adjacent to Bells Mill Park.

Zip Codes

2332223323

Market Data Summary

Price Range$400,000–$700,000 for single-family homes
Price per Sq Ft$210–$250 (est.)
Inventory LevelsModerate; vacancy rate at 7.9%, lower than nearly half of US neighborhoods.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondominiumsRow housesAssisted living facilities

Architectural Styles

Traditional ColonialTransitionalBrick ranchContemporary (late 20th-century)

Property Details

Typical Lot Sizes0.25–0.4 acres for most single-family homes
Home Age RangePrimarily built between 1970 and 1999; most homes post-1980s
Construction QualityGenerally high; mature landscaping, established neighborhoods, consistent upkeep.

Community Profile

Demographics & Lifestyle

Demographics

Family-oriented, with a significant proportion of military households (5.1% of workforce); predominantly owner-occupied homes; diverse age groups but skewing toward families with children and retirees.

Community Vibe

Quiet, suburban, wholesome, and close-knit. Residents describe it as 'sleepy suburbia' with a strong sense of community and neighborliness.

Typical Residents

  • Families with children
  • Military families
  • Retirees
  • Young professionals

Family Friendly

Excellent; top-rated schools, playgrounds, parks, and a safe, neighborly atmosphere.

Amenities & Lifestyle

Parks & Recreation

  • Bells Mill Park
  • Forrest Lakes Playground
  • Kevin Houston Park
  • Chesapeake Arboretum
  • Chesapeake Planetarium
  • Chesapeake Golf Club

Dining Options

  • Casual family restaurants
  • Local diners
  • Chain eateries

Shopping Centers

  • Great Bridge Shopping Center
  • Battlefield Blvd retail corridor

Local Businesses

  • Boutique shops
  • Local cafes
  • Service providers

Education & Schools

Chesapeake City Public Schools are highly rated; Cedar Road Elementary (A), Great Bridge Middle (B+), Great Bridge High (B+).
Overall School Rating

Elementary Schools

  • Cedar Road Elementary
  • Great Bridge Primary

Middle Schools

  • Great Bridge Middle

High Schools

  • Great Bridge High School

Private Schools

  • Several private and parochial options in Chesapeake

Transportation & Accessibility

Transit & Roads

Public Transit

  • Limited bus service (Hampton Roads Transit)

Major Roads

  • Battlefield Blvd S
  • Cedar Rd
  • Johnstown Rd

Commute & Walkability

Commute Times20–30 minutes to downtown Norfolk or Virginia Beach; traffic congestion during rush hour is common.
WalkabilityModerate; most errands require a car.
ParkingAmple off-street parking; garages and driveways standard.

Marketing Intelligence

Target Buyer Types

  • Families with school-aged children
  • Military families
  • Retirees seeking quiet living
  • Move-up buyers

Key Selling Points

  • Top-rated schools
  • Spacious lots and homes
  • Safe, family-friendly environment
  • Proximity to parks and river
  • Strong sense of community

Pricing Considerations

Homes priced at or just below median sell fastest; updated kitchens/baths and curb appeal command premiums.

Common Objections & Response Strategies

Objection: Traffic congestion during rush hour.

Response Strategy:

Highlight flexible commute options, proximity to major roads, and quieter off-peak travel times.

Objection: Limited nightlife and entertainment.

Response Strategy:

Emphasize family-oriented lifestyle, local parks, and quick access to Chesapeake and Virginia Beach amenities.

Objection: Flood risk in some areas.

Response Strategy:

Provide flood zone maps, discuss mitigation measures, and highlight homes outside flood-prone zones.

Investment Insights

Investment Potential

Appreciation Potential

Steady, with moderate annual appreciation driven by school quality and suburban demand.

Rental Demand

Strong, especially for military families and those seeking top schools.

Buyer Competition

Moderate to high for updated homes; less for older or dated properties.

Best For

  • Families
  • Military relocators
  • Move-up buyers
  • Retirees

Potential Concerns

  • Rush hour traffic congestion
  • Limited nightlife
  • Flood risk in select areas

Professional Recommendations

1

Leverage school ratings and family amenities in marketing.

2

Stage homes to highlight flexible living spaces and outdoor areas.

3

Educate buyers on local traffic patterns and commute options.

4

Stay updated on flood zone changes and infrastructure projects.

5

Network with military relocation specialists and local employers.

Competitive Analysis

Comparable Markets

  • Hickory (Chesapeake)
  • Greenbrier (Chesapeake)
  • Western Branch (Chesapeake)

Market Positioning

Ideal for families and military buyers seeking top schools and a safe, established community.

Competitive Advantages

  • Better school ratings than Greenbrier
  • Quieter, more suburban than Western Branch
  • More established and larger lots than Hickory

Price Comparison

Priced higher than Greenbrier, similar to Hickory, and below some newer Western Branch developments.

Investment Metrics

4.5–5% (est. for single-family rentals)
Cap Rates
5–6% gross yield (based on $1,560/mo avg. rent for 1BR; higher for larger homes)
Rental Yields
~25–27 (reflects owner-occupant preference, but rental demand is steady)
Price-to-Rent
Positive for well-priced, updated homes; best for long-term hold.
Cash Flow
3–5% annual appreciation expected through 2026.
Appreciation

Buyer Journey Insights

First-Time Buyers

May face affordability challenges but benefit from stable values and strong schools.

Move-Up Buyers

Attracted by larger homes, bigger lots, and school quality.

Downsizers

Options in townhomes, condos, and 55+ communities; quiet, low-crime environment is a draw.

Investors

Solid rental demand, especially for military tenants; moderate cap rates and appreciation.

Relocators

Military and corporate relocators value proximity to bases, schools, and suburban amenities.

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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