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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

$679,030

AVERAGE PRICE OF 1,145 HOMES

$310,030

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,128,522

AVERAGE PRICE OF 164 MULTI-MILLION DOLLAR HOMES

$932,941

AVERAGE PRICE OF 134 NEWLY BUILT HOMES

$1,438,556

AVERAGE PRICE OF 97 HOMES WITH A POOL

$510,389

AVERAGE PRICE OF 49 REDUCED PRICE HOMES

Average Home

Average Price $679,030
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $232,510
2 bedrooms $324,117
3 bedrooms $474,683
4 bedrooms $734,077
5 bedrooms $1,225,596
Virginia Beach Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 1,209 1,337 1,351 1,365 1,356
Average Price $687,250 $676,135 $679,931 $649,639 $649,807
Avg Price Change +1.64% -0.56% +4.66% -0.03% -0.62%
Median Price $418,857 $416,491 $423,464 $418,086 $417,735
Med Price Change +0.57% -1.67% +1.29% +0.08% +0.19%
Avg Bedrooms 3.17 beds 3.19 beds 3.21 beds 3.19 beds 3.2 beds
Avg Bathrooms 2.17 baths 2.17 baths 2.18 baths 2.15 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 175 $1,166,729 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,145 $679,030 78 days
Distressed Homes 22 $310,030 117 days
Multi-Million Dollar Homes 164 $2,128,522 142 days
Newly Built Homes 134 $932,941 112 days
Homes with a Pool 97 $1,438,556 64 days
Reduced Price Homes 49 $510,389 56 days