Virginia Beach Market Report
$679,425
AVERAGE PRICE OF 1,144 HOMES$310,030
AVERAGE PRICE OF 22 DISTRESSED HOMES$2,120,895
AVERAGE PRICE OF 165 MULTI-MILLION DOLLAR HOMES$930,946
AVERAGE PRICE OF 135 NEWLY BUILT HOMES$1,449,740
AVERAGE PRICE OF 96 HOMES WITH A POOL$549,068
AVERAGE PRICE OF 44 REDUCED PRICE HOMESAverage Home
| Average Price | $679,425 |
| Avg Bedrooms | 3.16 beds |
| Avg Bathrooms | 2.18 baths |
Average Price by Bedrooms
| 1 bedroom | $232,510 |
| 2 bedrooms | $321,425 |
| 3 bedrooms | $472,761 |
| 4 bedrooms | $731,734 |
| 5 bedrooms | $1,223,842 |
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 | 174 | $924,327 | 135 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,144 | $679,425 | 78 days |
| Distressed Homes | 22 | $310,030 | 119 days |
| Multi-Million Dollar Homes | 165 | $2,120,895 | 143 days |
| Newly Built Homes | 135 | $930,946 | 110 days |
| Homes with a Pool | 96 | $1,449,740 | 66 days |
| Reduced Price Homes | 44 | $549,068 | 89 days |
