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Virginia Beach Market Report

$600,187

AVERAGE PRICE OF 1,143 HOMES

$319,247

AVERAGE PRICE OF 23 DISTRESSED HOMES

$1,785,211

AVERAGE PRICE OF 146 MULTI-MILLION DOLLAR HOMES

$864,781

AVERAGE PRICE OF 115 NEWLY BUILT HOMES

$1,053,184

AVERAGE PRICE OF 90 HOMES WITH A POOL

$543,824

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $600,187
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $319,850
2 bedrooms $294,153
3 bedrooms $429,561
4 bedrooms $614,162
5 bedrooms $1,006,550
Virginia Beach Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,194 1,176 1,209 1,189 1,169
Average Price $607,882 $624,206 $612,685 $619,801 $632,505
Avg Price Change -2.69% +1.88% -1.16% -2.05% -1.92%
Median Price $408,044 $425,362 $418,727 $413,315 $413,268
Med Price Change -4.24% +1.58% +1.31% +0.01% -0.73%
Avg Bedrooms 3.23 beds 3.22 beds 3.23 beds 3.22 beds 3.25 beds
Avg Bathrooms 2.12 baths 2.14 baths 2.16 baths 2.16 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 116 $348,549 50 days
First Colonial 116 $755,649 81 days
Frank W. Cox 185 $1,054,479 88 days
Green Run 121 $304,462 44 days
Kellam 182 $756,113 121 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,143 $600,187 74 days
Distressed Homes 23 $319,247 104 days
Multi-Million Dollar Homes 146 $1,785,211 142 days
Newly Built Homes 115 $864,781 119 days
Homes with a Pool 90 $1,053,184 52 days
Reduced Price Homes 60 $543,824 52 days
Pilot Realty
3207 Churchland Blvd
Chesapeake, VA 23321
757-781-1600
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