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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

$578,495

AVERAGE PRICE OF 1,390 HOMES

$260,558

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,013,850

AVERAGE PRICE OF 151 MULTI-MILLION DOLLAR HOMES

$856,562

AVERAGE PRICE OF 150 NEWLY BUILT HOMES

$1,194,613

AVERAGE PRICE OF 118 HOMES WITH A POOL

$525,875

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $578,495
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $242,561
2 bedrooms $277,609
3 bedrooms $418,175
4 bedrooms $558,773
5 bedrooms $1,039,964
Virginia Beach Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 1,530 1,585 n/a n/a n/a
Average Price $551,060 $549,064 n/a n/a n/a
Avg Price Change +0.36% n/a n/a n/a n/a
Median Price $366,026 $364,500 n/a n/a n/a
Med Price Change +0.42% n/a n/a n/a n/a
Avg Bedrooms 3.19 beds 3.21 beds n/a n/a n/a
Avg Bathrooms 2.12 baths 2.14 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 149 $353,263 42 days
First Colonial 145 $715,268 75 days
Frank W. Cox 219 $1,124,452 94 days
Green Run 130 $284,560 49 days
Kellam 181 $718,240 114 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,390 $578,495 71 days
Distressed Homes 18 $260,558 70 days
Multi-Million Dollar Homes 151 $2,013,850 167 days
Newly Built Homes 150 $856,562 153 days
Homes with a Pool 118 $1,194,613 52 days
Reduced Price Homes 46 $525,875 34 days