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Virginia Beach Market Report

$482,320

AVERAGE PRICE OF 1,800 HOMES

$224,855

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,943,738

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$698,470

AVERAGE PRICE OF 147 NEWLY BUILT HOMES

$961,661

AVERAGE PRICE OF 165 HOMES WITH A POOL

$494,822

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $482,320
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $183,584
2 bedrooms $233,096
3 bedrooms $349,868
4 bedrooms $514,624
5 bedrooms $868,054
Virginia Beach Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 1,677 n/a 1,578 1,774 2,030
Average Price $481,515 n/a $485,860 $481,641 $476,394
Avg Price Change n/a n/a +0.88% +1.10% +0.04%
Median Price $330,139 n/a $324,794 $321,452 $323,465
Med Price Change n/a n/a +1.04% -0.63% -1.88%
Avg Bedrooms 3.2 beds n/a 3.19 beds 3.21 beds 3.26 beds
Avg Bathrooms 2.16 baths n/a 2.16 baths 2.18 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 208 $298,888 43 days
First Colonial 210 $717,392 92 days
Frank W. Cox 288 $810,236 86 days
Green Run 177 $242,402 32 days
Kellam 211 $570,940 118 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,800 $482,320 69 days
Distressed Homes 20 $224,855 167 days
Multi-Million Dollar Homes 124 $1,943,738 181 days
Newly Built Homes 147 $698,470 153 days
Homes with a Pool 165 $961,661 59 days
Reduced Price Homes 22 $494,822 27 days
James & Lee Realty
Lynn Hundley
3707 Virginia Beach Blvd., Suite 203
Virginia Beach, VA 23462
757-343-3223

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REIN update its listing on a daily basis. data last updated: April 11, 2021

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

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