Virginia Beach Market Report
$644,171
AVERAGE PRICE OF 1,368 HOMES$313,322
AVERAGE PRICE OF 18 DISTRESSED HOMES$2,027,295
AVERAGE PRICE OF 184 MULTI-MILLION DOLLAR HOMES$828,823
AVERAGE PRICE OF 152 NEWLY BUILT HOMES$1,338,471
AVERAGE PRICE OF 122 HOMES WITH A POOL$639,122
AVERAGE PRICE OF 59 REDUCED PRICE HOMESAverage Home
| Average Price | $644,171 |
| Avg Bedrooms | 3.19 beds |
| Avg Bathrooms | 2.15 baths |
Average Price by Bedrooms
| 1 bedroom | $300,083 |
| 2 bedrooms | $311,052 |
| 3 bedrooms | $475,818 |
| 4 bedrooms | $691,523 |
| 5 bedrooms | $1,056,896 |
Virginia Beach Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,356 | 1,307 | 1,268 | 1,243 | 1,136 |
| Average Price | $649,807 | $653,861 | $651,383 | $659,076 | $626,033 |
| Avg Price Change | -0.62% | +0.38% | -1.18% | +5.28% | +2.36% |
| Median Price | $417,735 | $416,943 | $422,110 | $426,319 | $422,450 |
| Med Price Change | +0.19% | -1.24% | -1.00% | +0.92% | +3.24% |
| Avg Bedrooms | 3.2 beds | 3.21 beds | 3.23 beds | 3.27 beds | 3.24 beds |
| Avg Bathrooms | 2.14 baths | 2.14 baths | 2.17 baths | 2.19 baths | 2.18 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Frank W. Cox | 222 | $1,020,734 | 69 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,368 | $644,171 | 64 days |
| Distressed Homes | 18 | $313,322 | 126 days |
| Multi-Million Dollar Homes | 184 | $2,027,295 | 117 days |
| Newly Built Homes | 152 | $828,823 | 92 days |
| Homes with a Pool | 122 | $1,338,471 | 46 days |
| Reduced Price Homes | 59 | $639,122 | 34 days |
