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Virginia Beach

Why you'd want to live in Virginia Beach

Virginia Beach, a coastal city in southeastern Virginia, lies where the Chesapeake Bay meets the Atlantic Ocean. A 3-mile boardwalk stretches along its beach-lined oceanfront. The bayside First Landing State Park marks the 1607 arrival of the Jamestown colonists from England. The Virginia Aquarium & Marine Science Center exhibits ocean life including sharks, rays and sea turtles in globally themed habitats.

Virginia Beach Market Report

$582,929

AVERAGE PRICE OF 1,028 HOMES

$262,960

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,953,358

AVERAGE PRICE OF 117 MULTI-MILLION DOLLAR HOMES

$823,957

AVERAGE PRICE OF 137 NEWLY BUILT HOMES

$1,067,150

AVERAGE PRICE OF 76 HOMES WITH A POOL

$382,864

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $582,929
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.11 baths

Average Price by Bedrooms

1 bedroom $224,070
2 bedrooms $300,294
3 bedrooms $417,448
4 bedrooms $578,990
5 bedrooms $1,056,257
Virginia Beach Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 1,118 1,228 1,250 1,408 1,530
Average Price $574,632 $571,193 $579,675 $573,080 $551,060
Avg Price Change +0.60% -1.48% +1.15% +4.00% +0.36%
Median Price $375,598 $376,422 $381,650 $377,886 $366,026
Med Price Change -0.22% -1.39% +1.00% +3.24% +0.42%
Avg Bedrooms 3.2 beds 3.2 beds 3.21 beds 3.21 beds 3.19 beds
Avg Bathrooms 2.11 baths 2.12 baths 2.13 baths 2.14 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 116 $339,748 58 days
Frank W. Cox 170 $997,443 93 days
Green Run 89 $297,314 50 days
Kellam 150 $713,879 127 days
Salem 97 $343,309 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,028 $582,929 87 days
Distressed Homes 20 $262,960 82 days
Multi-Million Dollar Homes 117 $1,953,358 184 days
Newly Built Homes 137 $823,957 156 days
Homes with a Pool 76 $1,067,150 63 days
Reduced Price Homes 36 $382,864 58 days