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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

$647,812

AVERAGE PRICE OF 1,379 HOMES

$315,822

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,008,517

AVERAGE PRICE OF 189 MULTI-MILLION DOLLAR HOMES

$834,427

AVERAGE PRICE OF 156 NEWLY BUILT HOMES

$1,327,106

AVERAGE PRICE OF 121 HOMES WITH A POOL

$675,293

AVERAGE PRICE OF 64 REDUCED PRICE HOMES

Average Home

Average Price $647,812
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $307,651
2 bedrooms $314,448
3 bedrooms $481,094
4 bedrooms $694,780
5 bedrooms $1,054,536
Virginia Beach Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 1,356 1,307 1,268 1,243 1,136
Average Price $649,807 $653,861 $651,383 $659,076 $626,033
Avg Price Change -0.62% +0.38% -1.18% +5.28% +2.36%
Median Price $417,735 $416,943 $422,110 $426,319 $422,450
Med Price Change +0.19% -1.24% -1.00% +0.92% +3.24%
Avg Bedrooms 3.2 beds 3.21 beds 3.23 beds 3.27 beds 3.24 beds
Avg Bathrooms 2.14 baths 2.14 baths 2.17 baths 2.19 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 226 $1,017,206 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,379 $647,812 66 days
Distressed Homes 18 $315,822 120 days
Multi-Million Dollar Homes 189 $2,008,517 120 days
Newly Built Homes 156 $834,427 94 days
Homes with a Pool 121 $1,327,106 47 days
Reduced Price Homes 64 $675,293 48 days