Why Live in Deep Creek-Portsmouth
Deep Creek-Portsmouth in Chesapeake, Virginia, is a suburban neighborhood known for its tranquil setting along an Elizabeth River tributary. The area features a mix of older and newer homes, including 1970s brick ranch-style houses and modern constructions with Craftsman and Victorian influences. Home sizes range from 1,000 to 4,500 square feet, offering two to five bedrooms. The neighborhood is popular among military personnel and families, partly due to its highly-rated schools: Deep Creek Central Elementary, Owens Middle, and Grassfield High School. Residents enjoy numerous outdoor activities with local waterways, parks, and the Great Dismal Swamp Wildlife Refuge nearby. Deep Creek Park offers playgrounds, baseball fields, and a dog park, while Deep Creek Lock Park provides trails, a canoe launch, and an observation tower. Shopping and dining options include the Crossings at Deep Creek shopping center with Food Lion and El Puente Mexican Grill, and additional amenities near Dominion Boulevard and Grassfield Parkway, such as Walmart Supercenter and The Dirty Buffalo restaurant. Community events like the Chesapeake Virginia Wine Festival and the Deep Creek Ruritan Club’s BeefFest add to the neighborhood's appeal. While public transit is limited, Interstate 64 facilitates commutes to downtown Norfolk and Oceana Naval Air Station, despite ongoing construction projects expected to improve traffic flow by 2027. The area has a low crime risk compared to the national average, enhancing its attractiveness for potential home buyers.
Home Trends in Deep Creek-Portsmouth, VA
On average, homes in Deep Creek-Portsmouth, Chesapeake sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Deep Creek-Portsmouth, Chesapeake over the last 12 months is $411,775, up 29% from the median home sale price over the previous 12 months.
Median Sale Price
$411,775
Median Single Family Sale Price
$459,990
Median Townhouse Sale Price
$286,000
Median 2 Bedroom Sale Price
$255,000
Median 1 Bedroom Sale Price
$200,000
Average Price Per Sq Ft
$284
Number of Homes for Sale
44
Last 12 months Home Sales
350
Median List Price
$439,530
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
29%