Camelot

Camelot is a mid-priced suburban neighborhood in Chesapeake. As of early 2025, the median home sale price is approximately $365,000, a 17.9% increase from the previous year. The average price per square foot is $183, up 8% annually. Homes typically sell in about 33 days, with sale-to-list ratios near 99%, indicating strong demand. Inventory is very tight—only four homes sold recently—and vacancy is essentially zero. Median listing price was around $300,000 in late 2024, trending slightly downward year-over-year. Rental rates average about $1,849 per month. Commuters typically travel 30 minutes to work by car.