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Virginia Beach

Why you'd want to live in Virginia Beach

Where the Chesapeake Bay meets the Atlantic Ocean, you’ll find the vibrant and bustling coastal city of Virginia Beach. A popular destination all year long, Virginia Beach shines during the summertime when visitors flock to the oceanfront and boardwalk. Also known for its flourishing local dining scene, arts and entertainment, maritime history, and family-friendly attractions, Virginia Beach features its own unique districts that offer experiences for everyone to enjoy. via seevirginiabeach.com

Virginia Beach Market Report

$495,995

AVERAGE PRICE OF 1,744 HOMES

$281,135

AVERAGE PRICE OF 17 DISTRESSED HOMES

$2,100,684

AVERAGE PRICE OF 122 MULTI-MILLION DOLLAR HOMES

$814,878

AVERAGE PRICE OF 129 NEWLY BUILT HOMES

$933,873

AVERAGE PRICE OF 180 HOMES WITH A POOL

$584,142

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $495,995
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $205,446
2 bedrooms $238,383
3 bedrooms $373,776
4 bedrooms $516,891
5 bedrooms $948,330
Virginia Beach Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 1,887 1,999 1,973 1,998 1,941
Average Price $481,442 $477,788 $486,599 $490,555 $483,144
Avg Price Change +0.76% -1.84% -0.81% +1.53% +0.02%
Median Price $333,955 $330,646 $335,896 $346,058 $337,742
Med Price Change +1.00% -1.59% -3.03% +2.46% +0.93%
Avg Bedrooms 3.2 beds 3.23 beds 3.26 beds 3.25 beds 3.22 beds
Avg Bathrooms 2.13 baths 2.15 baths 2.16 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 209 $321,917 44 days
First Colonial 180 $713,422 105 days
Frank W. Cox 275 $874,707 87 days
Green Run 177 $255,031 42 days
Kellam 179 $660,683 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,744 $495,995 65 days
Distressed Homes 17 $281,135 119 days
Multi-Million Dollar Homes 122 $2,100,684 179 days
Newly Built Homes 129 $814,878 111 days
Homes with a Pool 180 $933,873 60 days
Reduced Price Homes 47 $584,142 57 days
Iron Valley Real Estate Hampton Roads - Realty Fever Group
Edgar Munoz
200 Bendix Road, Ste. 270
Virginia Beach, VA 23452
757-774-3473

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REIN update its listing on a daily basis. data last updated: October 25, 2021

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