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  • Virginia Beach Market Report

    $426,836

    AVERAGE PRICE OF 3,300 HOMES

    $216,482

    AVERAGE PRICE OF 256 DISTRESSED HOMES

    $1,982,660

    AVERAGE PRICE OF 185 MULTI-MILLION DOLLAR HOMES

    $556,089

    AVERAGE PRICE OF 357 NEWLY BUILT HOMES

    $534,185

    AVERAGE PRICE OF 952 HOMES WITH A POOL

    $405,930

    AVERAGE PRICE OF 1,226 REDUCED PRICE HOMES

    Average Home

    Average Price $426,836
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.39 baths

    Average Price by Bedrooms

    1 bedroom $253,696
    2 bedrooms $185,766
    3 bedrooms $284,378
    4 bedrooms $442,628
    5 bedrooms $775,395
    Virginia Beach Home Price Trends
      9/2017 8/2017 7/2017 6/2017 5/2017
    Total Listings 3,467 3,562 3,552 3,493 3,409
    Average Price $422,007 $422,139 $423,798 $463,119 $423,230
    Avg Price Change -0.03% -0.39% -9.28% +9.42% +2.13%
    Median Price $289,565 $290,264 $294,400 $299,710 $299,854
    Med Price Change -0.24% -1.42% -1.80% -0.05% +2.82%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.37 baths 2.38 baths 2.39 baths 2.41 baths 2.4 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bayside 326 $253,296 n/a
    First Colonial 379 $626,221 n/a
    Frank W. Cox 582 $718,586 n/a
    Kellam 442 $590,806 n/a
    Salem 342 $207,562 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 3,300 $426,836 n/a
    Distressed Homes 256 $216,482 n/a
    Multi-Million Dollar Homes 185 $1,982,660 n/a
    Newly Built Homes 357 $556,089 n/a
    Homes with a Pool 952 $534,185 n/a
    Reduced Price Homes 1,226 $405,930 n/a