Virginia Beach Market Report
$678,497
AVERAGE PRICE OF 1,290 HOMES$324,195
AVERAGE PRICE OF 21 DISTRESSED HOMES$2,123,704
AVERAGE PRICE OF 187 MULTI-MILLION DOLLAR HOMES$922,707
AVERAGE PRICE OF 152 NEWLY BUILT HOMES$1,533,288
AVERAGE PRICE OF 106 HOMES WITH A POOL$470,324
AVERAGE PRICE OF 44 REDUCED PRICE HOMESAverage Home
| Average Price | $678,497 |
| Avg Bedrooms | 3.18 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $293,038 |
| 2 bedrooms | $333,703 |
| 3 bedrooms | $468,355 |
| 4 bedrooms | $731,169 |
| 5 bedrooms | $1,193,094 |
Virginia Beach Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,337 | 1,351 | 1,365 | 1,356 | 1,307 |
| Average Price | $676,135 | $679,931 | $649,639 | $649,807 | $653,861 |
| Avg Price Change | -0.56% | +4.66% | -0.03% | -0.62% | +0.38% |
| Median Price | $416,491 | $423,464 | $418,086 | $417,735 | $416,943 |
| Med Price Change | -1.67% | +1.29% | +0.08% | +0.19% | -1.24% |
| Avg Bedrooms | 3.19 beds | 3.21 beds | 3.19 beds | 3.2 beds | 3.21 beds |
| Avg Bathrooms | 2.17 baths | 2.18 baths | 2.15 baths | 2.14 baths | 2.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Frank W. Cox | 202 | $1,159,567 | 70 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,290 | $678,497 | 76 days |
| Distressed Homes | 21 | $324,195 | 124 days |
| Multi-Million Dollar Homes | 187 | $2,123,704 | 139 days |
| Newly Built Homes | 152 | $922,707 | 102 days |
| Homes with a Pool | 106 | $1,533,288 | 59 days |
| Reduced Price Homes | 44 | $470,324 | 46 days |
