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Virginia Beach

Why you'd want to live in Virginia Beach

Virginia Beach, a coastal city in southeastern Virginia, lies where the Chesapeake Bay meets the Atlantic Ocean. A 3-mile boardwalk stretches along its beach-lined oceanfront. The bayside First Landing State Park marks the 1607 arrival of the Jamestown colonists from England. The Virginia Aquarium & Marine Science Center exhibits ocean life including sharks, rays and sea turtles in globally themed habitats. via en.wikipedia.org

Virginia Beach Market Report

$604,867

AVERAGE PRICE OF 1,034 HOMES

$281,236

AVERAGE PRICE OF 22 DISTRESSED HOMES

$1,983,191

AVERAGE PRICE OF 121 MULTI-MILLION DOLLAR HOMES

$820,318

AVERAGE PRICE OF 128 NEWLY BUILT HOMES

$993,014

AVERAGE PRICE OF 76 HOMES WITH A POOL

$894,895

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $604,867
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $205,880
2 bedrooms $304,056
3 bedrooms $421,113
4 bedrooms $623,594
5 bedrooms $1,023,323
Virginia Beach Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,019 1,007 1,118 1,228 1,250
Average Price $595,026 $584,935 $574,632 $571,193 $579,675
Avg Price Change +1.73% +1.79% +0.60% -1.48% +1.15%
Median Price $388,068 $376,796 $375,598 $376,422 $381,650
Med Price Change +2.99% +0.32% -0.22% -1.39% +1.00%
Avg Bedrooms 3.18 beds 3.17 beds 3.2 beds 3.2 beds 3.21 beds
Avg Bathrooms 2.14 baths 2.1 baths 2.11 baths 2.12 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 107 $350,535 48 days
First Colonial 109 $742,366 84 days
Frank W. Cox 176 $1,037,139 66 days
Green Run 87 $297,606 43 days
Kellam 163 $726,991 119 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,034 $604,867 73 days
Distressed Homes 22 $281,236 69 days
Multi-Million Dollar Homes 121 $1,983,191 147 days
Newly Built Homes 128 $820,318 144 days
Homes with a Pool 76 $993,014 43 days
Reduced Price Homes 25 $894,895 53 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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REIN update its listing on a daily basis. data last updated: March 21, 2023

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