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Virginia Beach Market Report

$641,282

AVERAGE PRICE OF 1,145 HOMES

$287,117

AVERAGE PRICE OF 22 DISTRESSED HOMES

$1,893,661

AVERAGE PRICE OF 160 MULTI-MILLION DOLLAR HOMES

$873,741

AVERAGE PRICE OF 115 NEWLY BUILT HOMES

$1,351,705

AVERAGE PRICE OF 91 HOMES WITH A POOL

$839,558

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $641,282
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $251,772
2 bedrooms $307,926
3 bedrooms $458,367
4 bedrooms $719,310
5 bedrooms $955,418
Virginia Beach Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 1,086 1,053 1,009 1,114 1,194
Average Price $611,616 $602,213 $607,664 $602,555 $607,882
Avg Price Change +1.56% -0.91% +0.85% -0.88% -2.69%
Median Price $409,192 $399,398 $407,650 $399,963 $408,044
Med Price Change +2.45% -2.07% +1.92% -2.02% -4.24%
Avg Bedrooms 3.23 beds 3.21 beds 3.25 beds 3.28 beds 3.23 beds
Avg Bathrooms 2.16 baths 2.15 baths 2.16 baths 2.14 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 198 $1,098,361 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,145 $641,282 64 days
Distressed Homes 22 $287,117 113 days
Multi-Million Dollar Homes 160 $1,893,661 122 days
Newly Built Homes 115 $873,741 91 days
Homes with a Pool 91 $1,351,705 40 days
Reduced Price Homes 19 $839,558 55 days
AtCoastal Realty - The Morton Group
Todd Morton
582 Lynnhaven Pkwy STE 400
Virginia Beach, VA 23452
757-589-7628
download (5).png
Shannon Hodges
600 Lynnhaven Parkway Suite 100
Virginia Beach VA 23452
757-553-1643

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REIN update its listing on a daily basis. data last updated: April 18, 2024

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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