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Virginia Beach Market Report

$656,210

AVERAGE PRICE OF 1,267 HOMES

$266,431

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,022,545

AVERAGE PRICE OF 172 MULTI-MILLION DOLLAR HOMES

$899,571

AVERAGE PRICE OF 138 NEWLY BUILT HOMES

$1,278,059

AVERAGE PRICE OF 111 HOMES WITH A POOL

$724,210

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

Average Home

Average Price $656,210
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $425,271
2 bedrooms $331,367
3 bedrooms $480,194
4 bedrooms $704,206
5 bedrooms $1,002,346
Virginia Beach Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,243 1,136 1,086 1,053 1,009
Average Price $659,076 $626,033 $611,616 $602,213 $607,664
Avg Price Change +5.28% +2.36% +1.56% -0.91% +0.85%
Median Price $426,319 $422,450 $409,192 $399,398 $407,650
Med Price Change +0.92% +3.24% +2.45% -2.07% +1.92%
Avg Bedrooms 3.27 beds 3.24 beds 3.23 beds 3.21 beds 3.25 beds
Avg Bathrooms 2.19 baths 2.18 baths 2.16 baths 2.15 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 202 $1,069,583 64 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,267 $656,210 61 days
Distressed Homes 19 $266,431 94 days
Multi-Million Dollar Homes 172 $2,022,545 116 days
Newly Built Homes 138 $899,571 81 days
Homes with a Pool 111 $1,278,059 40 days
Reduced Price Homes 51 $724,210 42 days