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  • Virginia Beach Market Report

    $580,762

    AVERAGE PRICE OF 1,004 HOMES

    $251,895

    AVERAGE PRICE OF 22 DISTRESSED HOMES

    $1,876,332

    AVERAGE PRICE OF 117 MULTI-MILLION DOLLAR HOMES

    $819,311

    AVERAGE PRICE OF 133 NEWLY BUILT HOMES

    $953,360

    AVERAGE PRICE OF 69 HOMES WITH A POOL

    $566,060

    AVERAGE PRICE OF 20 REDUCED PRICE HOMES

    Average Home

    Average Price $580,762
    Avg Bedrooms 3.17 beds
    Avg Bathrooms 2.12 baths

    Average Price by Bedrooms

    1 bedroom $233,114
    2 bedrooms $302,595
    3 bedrooms $429,171
    4 bedrooms $589,953
    5 bedrooms $967,156
    Virginia Beach Home Price Trends
      1/2023 12/2022 11/2022 10/2022 9/2022
    Total Listings 1,007 1,118 1,228 1,250 1,408
    Average Price $584,935 $574,632 $571,193 $579,675 $573,080
    Avg Price Change +1.79% +0.60% -1.48% +1.15% +4.00%
    Median Price $376,796 $375,598 $376,422 $381,650 $377,886
    Med Price Change +0.32% -0.22% -1.39% +1.00% +3.24%
    Avg Bedrooms 3.17 beds 3.2 beds 3.2 beds 3.21 beds 3.21 beds
    Avg Bathrooms 2.1 baths 2.11 baths 2.12 baths 2.13 baths 2.14 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bayside 110 $355,604 58 days
    First Colonial 94 $730,427 97 days
    Frank W. Cox 162 $999,711 86 days
    Kellam 142 $724,336 128 days
    Salem 91 $334,341 80 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,004 $580,762 84 days
    Distressed Homes 22 $251,895 77 days
    Multi-Million Dollar Homes 117 $1,876,332 158 days
    Newly Built Homes 133 $819,311 147 days
    Homes with a Pool 69 $953,360 49 days
    Reduced Price Homes 20 $566,060 39 days