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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

$542,537

AVERAGE PRICE OF 1,075 HOMES

$311,919

AVERAGE PRICE OF 15 DISTRESSED HOMES

$2,130,238

AVERAGE PRICE OF 95 MULTI-MILLION DOLLAR HOMES

$884,264

AVERAGE PRICE OF 116 NEWLY BUILT HOMES

$1,187,677

AVERAGE PRICE OF 83 HOMES WITH A POOL

$383,141

AVERAGE PRICE OF 17 REDUCED PRICE HOMES

Average Home

Average Price $542,537
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $191,633
2 bedrooms $250,684
3 bedrooms $396,668
4 bedrooms $541,749
5 bedrooms $1,156,446
Virginia Beach Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 1,343 n/a 1,771 1,887 1,999
Average Price $514,462 n/a $492,169 $481,442 $477,788
Avg Price Change n/a n/a +2.23% +0.76% -1.84%
Median Price $351,617 n/a $343,606 $333,955 $330,646
Med Price Change n/a n/a +2.89% +1.00% -1.59%
Avg Bedrooms 3.18 beds n/a 3.21 beds 3.2 beds 3.23 beds
Avg Bathrooms 2.09 baths n/a 2.12 baths 2.13 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 115 $338,900 51 days
First Colonial 106 $844,076 150 days
Frank W. Cox 189 $889,609 103 days
Green Run 98 $259,733 53 days
Kellam 119 $699,122 112 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,075 $542,537 85 days
Distressed Homes 15 $311,919 135 days
Multi-Million Dollar Homes 95 $2,130,238 227 days
Newly Built Homes 116 $884,264 141 days
Homes with a Pool 83 $1,187,677 101 days
Reduced Price Homes 17 $383,141 51 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: January 18, 2022

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