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  • Virginia Beach Market Report

    $476,233

    AVERAGE PRICE OF 1,963 HOMES

    $255,618

    AVERAGE PRICE OF 38 DISTRESSED HOMES

    $1,998,603

    AVERAGE PRICE OF 137 MULTI-MILLION DOLLAR HOMES

    $616,101

    AVERAGE PRICE OF 234 NEWLY BUILT HOMES

    $974,307

    AVERAGE PRICE OF 179 HOMES WITH A POOL

    $300,515

    AVERAGE PRICE OF 13 REDUCED PRICE HOMES

    Average Home

    Average Price $476,233
    Avg Bedrooms 3.23 beds
    Avg Bathrooms 2.2 baths

    Average Price by Bedrooms

    1 bedroom $192,778
    2 bedrooms $227,593
    3 bedrooms $332,074
    4 bedrooms $498,759
    5 bedrooms $895,557
    Virginia Beach Home Price Trends
      10/2020 9/2020 8/2020 7/2020 6/2020
    Total Listings 2,124 2,253 2,314 2,478 2,495
    Average Price $476,213 $476,716 $487,054 $480,865 $477,365
    Avg Price Change -0.11% -2.17% +1.29% +0.73% +1.03%
    Median Price $329,537 $334,229 $347,530 $349,101 $346,988
    Med Price Change -1.42% -3.98% -0.45% +0.61% +0.85%
    Avg Bedrooms 3.29 beds 3.32 beds 3.38 beds 3.4 beds 3.38 beds
    Avg Bathrooms 2.25 baths 2.26 baths 2.29 baths 2.29 baths 2.3 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Bayside 233 $264,274 65 days
    First Colonial 212 $662,946 113 days
    Frank W. Cox 313 $834,118 105 days
    Green Run 175 $235,906 43 days
    Kellam 281 $564,100 136 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 1,963 $476,233 87 days
    Distressed Homes 38 $255,618 156 days
    Multi-Million Dollar Homes 137 $1,998,603 196 days
    Newly Built Homes 234 $616,101 152 days
    Homes with a Pool 179 $974,307 83 days
    Reduced Price Homes 13 $300,515 22 days