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  • Virginia Beach Market Report

    $476,603

    AVERAGE PRICE OF 1,600 HOMES

    $266,782

    AVERAGE PRICE OF 17 DISTRESSED HOMES

    $1,958,104

    AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

    $649,751

    AVERAGE PRICE OF 172 NEWLY BUILT HOMES

    $941,727

    AVERAGE PRICE OF 144 HOMES WITH A POOL

    $714,538

    AVERAGE PRICE OF 13 REDUCED PRICE HOMES

    Average Home

    Average Price $476,603
    Avg Bedrooms 3.17 beds
    Avg Bathrooms 2.14 baths

    Average Price by Bedrooms

    1 bedroom $161,888
    2 bedrooms $237,918
    3 bedrooms $337,685
    4 bedrooms $510,466
    5 bedrooms $907,497
    Virginia Beach Home Price Trends
      2/2021 1/2021 12/2020 11/2020 10/2020
    Total Listings n/a 1,578 1,774 2,030 2,124
    Average Price n/a $485,860 $481,641 $476,394 $476,213
    Avg Price Change n/a +0.88% +1.10% +0.04% -0.11%
    Median Price n/a $324,794 $321,452 $323,465 $329,537
    Med Price Change n/a +1.04% -0.63% -1.88% -1.42%
    Avg Bedrooms n/a 3.19 beds 3.21 beds 3.26 beds 3.29 beds
    Avg Bathrooms n/a 2.16 baths 2.18 baths 2.22 baths 2.25 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bayside 201 $300,458 56 days
    First Colonial 183 $704,417 112 days
    Frank W. Cox 254 $765,030 105 days
    Green Run 166 $236,256 36 days
    Kellam 205 $588,716 125 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,600 $476,603 81 days
    Distressed Homes 17 $266,782 229 days
    Multi-Million Dollar Homes 108 $1,958,104 193 days
    Newly Built Homes 172 $649,751 134 days
    Homes with a Pool 144 $941,727 65 days
    Reduced Price Homes 13 $714,538 84 days