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Virginia Beach

Why you'd want to live in Virginia Beach

Where the Chesapeake Bay meets the Atlantic Ocean, the vibrant coastal city of Virginia Beach is home to a flourishing local culinary scene, rich history, a variety of arts and entertainment and family-friendly attractions that keeps our locals and visitors entertained year-round. Located in the Coastal Virginia region, our unique districts are open and thriving year-round with residents ready to show you how we happily live the life. From the lively oceanfront area to remote Sandbridge, the calming Chesapeake Bay to bustling Town Center, or the eclectic ViBe creative district to our surrounding inland areas, your well-earned Virginia Beach vacation awaits you. via Visit Virginia!

Virginia Beach Market Report

$484,856

AVERAGE PRICE OF 2,017 HOMES

$292,518

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,096,162

AVERAGE PRICE OF 132 MULTI-MILLION DOLLAR HOMES

$804,774

AVERAGE PRICE OF 122 NEWLY BUILT HOMES

$953,418

AVERAGE PRICE OF 198 HOMES WITH A POOL

$450,639

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $484,856
Avg Bedrooms 3.27 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $183,889
2 bedrooms $235,353
3 bedrooms $354,050
4 bedrooms $493,705
5 bedrooms $953,178
Virginia Beach Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 1,998 1,941 1,819 1,677 n/a
Average Price $490,555 $483,144 $483,057 $481,515 n/a
Avg Price Change +1.53% +0.02% +0.32% n/a n/a
Median Price $346,058 $337,742 $334,641 $330,139 n/a
Med Price Change +2.46% +0.93% +1.36% n/a n/a
Avg Bedrooms 3.25 beds 3.22 beds 3.22 beds 3.2 beds n/a
Avg Bathrooms 2.16 baths 2.16 baths 2.16 baths 2.16 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 232 $317,809 41 days
First Colonial 211 $716,200 90 days
Frank W. Cox 296 $837,988 73 days
Green Run 200 $248,495 35 days
Kellam 212 $684,661 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,017 $484,856 57 days
Distressed Homes 16 $292,518 134 days
Multi-Million Dollar Homes 132 $2,096,162 154 days
Newly Built Homes 122 $804,774 132 days
Homes with a Pool 198 $953,418 43 days
Reduced Price Homes 47 $450,639 33 days
Laura C. Rowe Real Estate Team | eXp Realty
Lynnhaven Parkway
VA
757-374-3758
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Tidewater Home Funding
Holly Cross
Mortgage Loan Consultant
(757) 305-8442

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REIN update its listing on a daily basis. data last updated: July 25, 2021

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