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BUYER BRIEFING 23322
23322 vs Altadena, CA Market Analysis

Why 23322 is the smarter buy.

23322 is a seller's-leaning but accessible market with a median price of $720K versus Altadena's $1.65M — nearly half the price with comparable days on market and far more inventory to choose from.

Median Price

Midpoint listing price across the market. The key benchmark for overall market value and tracking price trends over time.
Median Price Single Family (Sep 2025 – Sep 2026)
23322 · Altadena, CA
Price & Value
Counts & Metrics
Percentages
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Data provided by Altos
Median Price: Midpoint listing price across the market. The key benchmark for overall market value and tracking price trends over time.
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Median List Price
$720K vs $1.65M
23322 comes in at $720K — 56% less than Altadena's $1.65M — giving you far more purchasing power and equity room from day one.
Price Per Sq Ft
$251 vs $711
At $251/sqft in 23322 vs $711/sqft in Altadena, you get nearly 3x more home for every dollar spent, locking in more space at a fraction of the cost.
Months of Inventory
2.24 vs 1.65
23322 carries 2.24 months of supply vs Altadena's 1.65 — more options on the table and slightly more negotiating room for your offer.
Market Action Index
38.25 vs 45.13
Altadena's MAI of 45.13 signals a hotter seller's market; 23322 at 38.25 still favors sellers but gives buyers more breathing room to negotiate terms.
What This Means

More Home, Less Money — The Math Is Clear

In 23322, you can buy a 2,888 sqft home for $720K. In Altadena, $720K doesn't even get you half a house. With a calmer market action index and more inventory, 23322 gives you real choice and real value — without the $1M+ premium California demands.

Honest Caveats

Altadena's absorbed sale prices have risen sharply — up from $1.05M YoY to $1.5M, signaling strong appreciation momentum. If long-term California price growth is your priority, Altadena has a compelling appreciation story, though the entry cost remains a steep barrier for most buyers.

See homes for sale in Chesapeake, VA
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Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: September 2025 - September 2026 Market Data
Updated September 16, 2026
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Priced at
$420,000
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Active
Schedule a Showing

1605 Redwing Arch

Chesapeake, VA 23322

3 bed
3 bath
1744 sqft
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About this home

Built in 2022 • $240/SqFt • 32 Days on market
Like New Construction! Nestled in the highly sought-after Grassfield area of Chesapeake. Welcome home to this stunning two-story townhome featuring modern finishes and a functional open layout. The kitchen features white shaker cabinets, quartz countertops, and a generous island. Upstairs, you’ll find the primary suite includes 2 spacious closets and a private en-suite bathroom. Additional bedrooms offer flexibility for guests, a home office, playroom, etc. Come home to a neighborhood with top-rated schools, parks, walking trails, and easy access to shopping, dining, and major highways.
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Jon Watts

Realtor
(123) 444 7777
jonwatts22@gmail.com
Listing courtesy of Phi Tran with Cova Home Realty
Additional Home Features
Not Fixer Upper
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No Contingency
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Condo Fees
142
Not REO / Bank Owned
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HOA Fee
$0.00
Price Per SqFt
$240.83
Hot Water
Electric
Exterior Features
Garage
☑ 
Fenced Yard
☑ 
Deck/Porch
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Exterior Features
Patio
Exterior Material
Fiber Cement
Roof
Asphalt Shingle
Sewer Type
City/County
Parking Options
Garage Att 1 Car,
Garage,
Driveway Spc
Water Type
City/County
Foundation Materials
Slab
Home Style
Townhouse
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Condo Style
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Architecture Style
Townhouse
Interior Features
In-Law Suite
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Central A/C
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Appliance Info
Dryer,
Dishwasher,
Elec Range,
Microwave,
Range,
Refrigerator,
Washer
Heating options
Gas,
Nat Gas,
Programmable Thermostat
Flooring
Carpet,
Laminate
Interior Features
Pull Down Attic Stairs,
Scuttle Access,
Walk-In Closet
Room Info
In-Law Suite,
Porch
Community Amenities
Community Features
Ground Maint,
Playgrounds
Swimming Pool
No Pool
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Schools
Elementary School
Cedar Road Elementary
High School
Grassfield
Middle School
Great Bridge Middle
See more pictures and information here!