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Virginia Beach Market Report

$660,743

AVERAGE PRICE OF 1,262 HOMES

$272,841

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,023,397

AVERAGE PRICE OF 171 MULTI-MILLION DOLLAR HOMES

$867,167

AVERAGE PRICE OF 127 NEWLY BUILT HOMES

$1,236,029

AVERAGE PRICE OF 115 HOMES WITH A POOL

$626,634

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $660,743
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $396,105
2 bedrooms $323,940
3 bedrooms $484,088
4 bedrooms $708,510
5 bedrooms $1,004,032
Virginia Beach Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,136 1,086 1,053 1,009 1,114
Average Price $626,033 $611,616 $602,213 $607,664 $602,555
Avg Price Change +2.36% +1.56% -0.91% +0.85% -0.88%
Median Price $422,450 $409,192 $399,398 $407,650 $399,963
Med Price Change +3.24% +2.45% -2.07% +1.92% -2.02%
Avg Bedrooms 3.24 beds 3.23 beds 3.21 beds 3.25 beds 3.28 beds
Avg Bathrooms 2.18 baths 2.16 baths 2.15 baths 2.16 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 230 $1,044,310 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,262 $660,743 61 days
Distressed Homes 18 $272,841 117 days
Multi-Million Dollar Homes 171 $2,023,397 119 days
Newly Built Homes 127 $867,167 89 days
Homes with a Pool 115 $1,236,029 40 days
Reduced Price Homes 42 $626,634 32 days
Jake Maines Realty
Iron Valley Real Estate Hampton Roads
200 Bendix Rd Suite 270
Virginia Beach, VA 23452
757-568-8018


Approved Mortgage Lenders
Ben Munson
Tidewater Mortgage Services
757-605-4830


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REIN update its listing on a daily basis. data last updated: May 21, 2024

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