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Virginia Beach Market Report

$613,069

AVERAGE PRICE OF 1,080 HOMES

$301,499

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,907,204

AVERAGE PRICE OF 131 MULTI-MILLION DOLLAR HOMES

$852,759

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$1,247,532

AVERAGE PRICE OF 87 HOMES WITH A POOL

$615,278

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $613,069
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $248,557
2 bedrooms $311,723
3 bedrooms $442,903
4 bedrooms $650,788
5 bedrooms $1,077,739
Virginia Beach Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 1,009 1,114 1,194 1,176 1,209
Average Price $607,664 $602,555 $607,882 $624,206 $612,685
Avg Price Change +0.85% -0.88% -2.69% +1.88% -1.16%
Median Price $407,650 $399,963 $408,044 $425,362 $418,727
Med Price Change +1.92% -2.02% -4.24% +1.58% +1.31%
Avg Bedrooms 3.25 beds 3.28 beds 3.23 beds 3.22 beds 3.23 beds
Avg Bathrooms 2.16 baths 2.14 baths 2.12 baths 2.14 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kellam 174 $796,301 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,080 $613,069 74 days
Distressed Homes 19 $301,499 142 days
Multi-Million Dollar Homes 131 $1,907,204 154 days
Newly Built Homes 121 $852,759 95 days
Homes with a Pool 87 $1,247,532 50 days
Reduced Price Homes 29 $615,278 44 days