Virginia Beach Market Report
$683,899
AVERAGE PRICE OF 1,326 HOMES$323,237
AVERAGE PRICE OF 16 DISTRESSED HOMES$2,185,550
AVERAGE PRICE OF 186 MULTI-MILLION DOLLAR HOMES$856,614
AVERAGE PRICE OF 157 NEWLY BUILT HOMES$1,492,557
AVERAGE PRICE OF 117 HOMES WITH A POOL$455,766
AVERAGE PRICE OF 60 REDUCED PRICE HOMESAverage Home
| Average Price | $683,899 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $323,194 |
| 2 bedrooms | $325,775 |
| 3 bedrooms | $481,999 |
| 4 bedrooms | $704,682 |
| 5 bedrooms | $1,126,005 |
Virginia Beach Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,365 | 1,356 | 1,307 | 1,268 | 1,243 |
| Average Price | $649,639 | $649,807 | $653,861 | $651,383 | $659,076 |
| Avg Price Change | -0.03% | -0.62% | +0.38% | -1.18% | +5.28% |
| Median Price | $418,086 | $417,735 | $416,943 | $422,110 | $426,319 |
| Med Price Change | +0.08% | +0.19% | -1.24% | -1.00% | +0.92% |
| Avg Bedrooms | 3.19 beds | 3.2 beds | 3.21 beds | 3.23 beds | 3.27 beds |
| Avg Bathrooms | 2.15 baths | 2.14 baths | 2.14 baths | 2.17 baths | 2.19 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Frank W. Cox | 210 | $1,159,518 | 76 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,326 | $683,899 | 68 days |
| Distressed Homes | 16 | $323,237 | 136 days |
| Multi-Million Dollar Homes | 186 | $2,185,550 | 125 days |
| Newly Built Homes | 157 | $856,614 | 96 days |
| Homes with a Pool | 117 | $1,492,557 | 44 days |
| Reduced Price Homes | 60 | $455,766 | 39 days |
