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Virginia Beach Market Report

$654,948

AVERAGE PRICE OF 1,277 HOMES

$273,863

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,018,890

AVERAGE PRICE OF 169 MULTI-MILLION DOLLAR HOMES

$869,854

AVERAGE PRICE OF 123 NEWLY BUILT HOMES

$1,198,664

AVERAGE PRICE OF 118 HOMES WITH A POOL

$617,166

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $654,948
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $396,105
2 bedrooms $321,551
3 bedrooms $481,042
4 bedrooms $696,043
5 bedrooms $1,000,490
Virginia Beach Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,136 1,086 1,053 1,009 1,114
Average Price $626,033 $611,616 $602,213 $607,664 $602,555
Avg Price Change +2.36% +1.56% -0.91% +0.85% -0.88%
Median Price $422,450 $409,192 $399,398 $407,650 $399,963
Med Price Change +3.24% +2.45% -2.07% +1.92% -2.02%
Avg Bedrooms 3.24 beds 3.23 beds 3.21 beds 3.25 beds 3.28 beds
Avg Bathrooms 2.18 baths 2.16 baths 2.15 baths 2.16 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 229 $1,043,086 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,277 $654,948 59 days
Distressed Homes 18 $273,863 115 days
Multi-Million Dollar Homes 169 $2,018,890 118 days
Newly Built Homes 123 $869,854 90 days
Homes with a Pool 118 $1,198,664 39 days
Reduced Price Homes 46 $617,166 33 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: May 19, 2024

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