The median home value in Chesapeake City, MD is $270,000. This is higher than the county median home value of $265,000. The national median home value is $308,980. The average price of homes sold in Chesapeake City, MD is $270,000. Approximately 70% of Chesapeake City homes are owned, compared to 19% rented, while 10% are vacant. Chesapeake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Chesapeake City real estate agent to arrange a tour today! Learn more about Chesapeake City Real Estate.