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Virginia Beach Market Report

$652,697

AVERAGE PRICE OF 1,325 HOMES

$233,436

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,066,118

AVERAGE PRICE OF 176 MULTI-MILLION DOLLAR HOMES

$817,097

AVERAGE PRICE OF 149 NEWLY BUILT HOMES

$1,321,114

AVERAGE PRICE OF 111 HOMES WITH A POOL

$747,854

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $652,697
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.14 baths

Average Price by Bedrooms

1 bedroom $349,581
2 bedrooms $332,306
3 bedrooms $472,294
4 bedrooms $703,498
5 bedrooms $1,027,675
Virginia Beach Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,268 1,243 1,136 1,086 1,053
Average Price $651,383 $659,076 $626,033 $611,616 $602,213
Avg Price Change -1.18% +5.28% +2.36% +1.56% -0.91%
Median Price $422,110 $426,319 $422,450 $409,192 $399,398
Med Price Change -1.00% +0.92% +3.24% +2.45% -2.07%
Avg Bedrooms 3.23 beds 3.27 beds 3.24 beds 3.23 beds 3.21 beds
Avg Bathrooms 2.17 baths 2.19 baths 2.18 baths 2.16 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 218 $1,073,988 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,325 $652,697 61 days
Distressed Homes 19 $233,436 100 days
Multi-Million Dollar Homes 176 $2,066,118 117 days
Newly Built Homes 149 $817,097 81 days
Homes with a Pool 111 $1,321,114 35 days
Reduced Price Homes 46 $747,854 26 days