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  • Virginia Beach Market Report

    $487,028

    AVERAGE PRICE OF 2,036 HOMES

    $231,637

    AVERAGE PRICE OF 93 DISTRESSED HOMES

    $1,813,806

    AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

    $549,254

    AVERAGE PRICE OF 346 NEWLY BUILT HOMES

    $934,021

    AVERAGE PRICE OF 237 HOMES WITH A POOL

    $434,920

    AVERAGE PRICE OF 39 REDUCED PRICE HOMES

    Average Home

    Average Price $487,028
    Avg Bedrooms 3.36 beds
    Avg Bathrooms 2.28 baths

    Average Price by Bedrooms

    1 bedroom $225,392
    2 bedrooms $230,298
    3 bedrooms $338,002
    4 bedrooms $495,395
    5 bedrooms $784,421
    Virginia Beach Home Price Trends
      12/2019 11/2019 10/2019 9/2019 8/2019
    Total Listings 2,234 2,561 2,723 2,882 3,048
    Average Price $486,044 $475,180 $466,357 $466,667 $464,811
    Avg Price Change +2.29% +1.89% -0.07% +0.40% -1.10%
    Median Price $337,939 $333,500 $327,011 $329,003 $325,916
    Med Price Change +1.33% +1.98% -0.61% +0.95% -2.79%
    Avg Bedrooms 3.37 beds 3.38 beds 3.38 beds 3.37 beds 3.38 beds
    Avg Bathrooms 2.3 baths 2.3 baths 2.29 baths 2.29 baths 2.29 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bayside 197 $285,473 78 days
    First Colonial 252 $685,568 129 days
    Frank W. Cox 356 $803,830 145 days
    Kellam 327 $561,581 161 days
    Salem 184 $296,592 108 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 2,036 $487,028 110 days
    Distressed Homes 93 $231,637 116 days
    Multi-Million Dollar Homes 158 $1,813,806 211 days
    Newly Built Homes 346 $549,254 131 days
    Homes with a Pool 237 $934,021 129 days
    Reduced Price Homes 39 $434,920 84 days