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Virginia Beach Market Report

$468,699

AVERAGE PRICE OF 2,417 HOMES

$251,838

AVERAGE PRICE OF 92 DISTRESSED HOMES

$1,777,665

AVERAGE PRICE OF 154 MULTI-MILLION DOLLAR HOMES

$553,682

AVERAGE PRICE OF 375 NEWLY BUILT HOMES

$856,959

AVERAGE PRICE OF 267 HOMES WITH A POOL

$385,002

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $468,699
Avg Bedrooms 3.37 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $226,747
2 bedrooms $231,683
3 bedrooms $329,203
4 bedrooms $482,193
5 bedrooms $780,456
Virginia Beach Home Price Trends
  2/2020 1/2020 12/2019 11/2019 10/2019
Total Listings 2,180 1,995 2,234 2,561 2,723
Average Price $479,094 $492,512 $486,044 $475,180 $466,357
Avg Price Change -2.80% +1.33% +2.29% +1.89% -0.07%
Median Price $330,754 $341,071 $337,939 $333,500 $327,011
Med Price Change -3.12% +0.93% +1.33% +1.98% -0.61%
Avg Bedrooms 3.35 beds 3.38 beds 3.37 beds 3.38 beds 3.38 beds
Avg Bathrooms 2.29 baths 2.29 baths 2.3 baths 2.3 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 247 $283,586 66 days
First Colonial 300 $672,291 103 days
Frank W. Cox 403 $726,759 114 days
Kellam 371 $560,318 133 days
Salem 233 $301,778 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,417 $468,699 88 days
Distressed Homes 92 $251,838 101 days
Multi-Million Dollar Homes 154 $1,777,665 200 days
Newly Built Homes 375 $553,682 118 days
Homes with a Pool 267 $856,959 104 days
Reduced Price Homes 43 $385,002 44 days