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Chesapeake Landing

Learn about the people, housing, costs and businesses in Chesapeake Landing, Maryland

Median Home$315,864
Median Rent$1,308/month
Population461
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade15% construction
Home Value Growth+10.3% over 2 years
Retirees27% of residentsabove average nationally
Homeowners84% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Chesapeake Landing
MD

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Chesapeake Landing?

As of today, the 30-year fixed mortgage rate for Chesapeake Landing is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Chesapeake Landing?

The median home value in Chesapeake Landing is $316k. The median monthly rent is $1,308. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chesapeake Landing?

Home values in Chesapeake Landing have increased 10.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Chesapeake Landing?

Based on a typical all-in ownership cost of $1,332/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chesapeake Landing is $77k/year.

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What industries drive the economy in Chesapeake Landing?

The largest employment sectors in Chesapeake Landing are public administration (20%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.