Mt. Pleasant Heights Chesapeake VA Real Estate Market Update 2026

Dated: March 10 2026

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Are you thinking about making a move in Chesapeake this year? If you've been eyeing the highly sought-after Mt. Pleasant Heights neighborhood, or if you already live there and are wondering what your home is worth, you need the latest data. The market is shifting, and knowing the numbers is the key to making a smart, confident decision.
I recently had a client, let's call her "Moving Morgan." Morgan had outgrown her starter home and was looking for a larger property in a great school district that fit her 10-year plan. She was stressed about timing the sale of her current home with the purchase of a new one, and she was worried about overpaying in a competitive market. We sat down, looked at the hard data for neighborhoods like Mt. Pleasant Heights, and mapped out a clear strategy. By understanding the local inventory, average days on market, and historical appreciation, Morgan was able to sell her home for top dollar and seamlessly transition into her dream home without the typical real estate headaches. Data-driven transparency is everything.
Let's dive into the numbers for Mt. Pleasant Heights. This established Chesapeake community, located in the 23322 zip code, is known for its generous lots and proximity to excellent schools.
Here is a snapshot of the neighborhood based on recent tax records and MLS data:
Total Homes: Approximately 236 single-family homes.
Average Year Built: 1986 (Most homes were built between 1983 and 1991).
Average Home Size: 2,069 square feet.
Average Lot Size: 12,177 square feet (about 0.28 acres).
Homeownership Tenure: Residents love it here! The average length of ownership is 19 years, with over 100 homeowners having lived in the neighborhood for more than 20 years.
Occupancy: Highly owner-occupied (over 94%).
The Chesapeake housing market remains competitive in early 2026. City-wide, the median sale price is hovering around $415,000, up nearly 3.8% year-over-year. Homes are selling in an average of 47 days.
In Mt. Pleasant Heights specifically, the recent sales data shows strong demand for these established homes.
Recent Sales in Mt. Pleasant Heights (Past Year)
Address
Size (SqFt)
List Price
Closed Price
Closed Date
Days on Market (DOM)
701 Merle Court
2,000
$469,900
$469,900
10/16/2025
35
1224 Priscilla Lane
2,151
$480,000
$474,000
10/06/2025
8
905 Lela Lane
2,045
$472,000
$480,000
07/18/2025
3
948 Nugent Drive
1,930
$480,000
$490,000
06/18/2025
17
1136 Priscilla Lane
2,422
$549,900
$500,000
06/24/2025
12
1168 Priscilla Lane
2,300
$509,000
$509,000
03/21/2025
16
Average Sale Price for these comps: $487,150
Average Days on Market: 15 Days
Average Sale-to-List Price Ratio: 98.6%
Currently, there is very low inventory in the neighborhood, with only one active listing (1209 Priscilla Lane listed at $520,000) and one pending sale (900 Ricka Court listed at $499,000).

Mt. Pleasant Heights is perfectly positioned for convenience and recreation.
Schools: The neighborhood is zoned for highly-rated schools: Butts Road Primary, Butts Road Intermediate, Hickory Middle, and Hickory High School. Hickory High School boasts a 9/10 GreatSchools rating for test scores and college readiness, while Hickory Middle and Butts Road Intermediate both hold strong 7/10 overall ratings.
Recreation: Residents have easy access to Northwest River Park & Campground, a 763-acre park offering boating, fishing, and hiking. Oak Grove Lake Park and the Chesapeake Arboretum are also nearby for outdoor activities.
Shopping & Dining: You are just a short drive from major grocery stores like Kroger, Harris Teeter, and Food Lion. Local dining favorites include Bad Habits and Bergey's Breadbasket for fresh baked goods.

While mortgage rates have seen some fluctuations, they have stabilized compared to the peaks of previous years, hovering in the mid-6% range. According to recent reports from the Hampton Roads Real Estate Association, inventory is slowly expanding region-wide, but well-maintained homes in desirable neighborhoods like Mt. Pleasant Heights are still selling quickly and close to asking price. Buyers are looking for move-in ready homes, so strategic updates and professional digital presentation are crucial if you plan to sell.

Are you curious about exactly how much equity you have in your Mt. Pleasant Heights home? Or perhaps you are ready to start the search for your next property?
Don't navigate this market alone. Reach out today for my Exclusive Seller Guide and a custom, data-driven equity assessment of your home.
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Robin Gauthier

Welcome to Living in Chesapeake & Virginia Beach! I’m Robin Gauthier, a licensed REALTOR® since 2007 and the Principal Broker and Owner of NextHome Tidewater Realty (est. 2017). As a multi-year....

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