Virginia Beach Market Report
$673,357
AVERAGE PRICE OF 1,162 HOMES$296,222
AVERAGE PRICE OF 21 DISTRESSED HOMES$2,117,462
AVERAGE PRICE OF 164 MULTI-MILLION DOLLAR HOMES$923,542
AVERAGE PRICE OF 142 NEWLY BUILT HOMES$1,434,149
AVERAGE PRICE OF 88 HOMES WITH A POOL$519,529
AVERAGE PRICE OF 33 REDUCED PRICE HOMESAverage Home
| Average Price | $673,357 |
| Avg Bedrooms | 3.14 beds |
| Avg Bathrooms | 2.17 baths |
Average Price by Bedrooms
| 1 bedroom | $217,508 |
| 2 bedrooms | $322,939 |
| 3 bedrooms | $470,315 |
| 4 bedrooms | $733,403 |
| 5 bedrooms | $1,195,505 |
Virginia Beach Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,209 | 1,337 | 1,351 | 1,365 | 1,356 |
| Average Price | $687,250 | $676,135 | $679,931 | $649,639 | $649,807 |
| Avg Price Change | +1.64% | -0.56% | +4.66% | -0.03% | -0.62% |
| Median Price | $418,857 | $416,491 | $423,464 | $418,086 | $417,735 |
| Med Price Change | +0.57% | -1.67% | +1.29% | +0.08% | +0.19% |
| Avg Bedrooms | 3.17 beds | 3.19 beds | 3.21 beds | 3.19 beds | 3.2 beds |
| Avg Bathrooms | 2.17 baths | 2.17 baths | 2.18 baths | 2.15 baths | 2.14 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Kellam | 176 | $934,485 | 133 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,162 | $673,357 | 77 days |
| Distressed Homes | 21 | $296,222 | 128 days |
| Multi-Million Dollar Homes | 164 | $2,117,462 | 142 days |
| Newly Built Homes | 142 | $923,542 | 102 days |
| Homes with a Pool | 88 | $1,434,149 | 66 days |
| Reduced Price Homes | 33 | $519,529 | 46 days |
