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Virginia Beach Market Report

$506,816

AVERAGE PRICE OF 1,410 HOMES

$297,422

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,073,790

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$832,154

AVERAGE PRICE OF 125 NEWLY BUILT HOMES

$1,133,414

AVERAGE PRICE OF 107 HOMES WITH A POOL

$440,188

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $506,816
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $220,816
2 bedrooms $244,556
3 bedrooms $366,252
4 bedrooms $513,803
5 bedrooms $1,028,714
Virginia Beach Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 1,771 1,887 1,999 1,973
Average Price n/a $492,169 $481,442 $477,788 $486,599
Avg Price Change n/a +2.23% +0.76% -1.84% -0.81%
Median Price n/a $343,606 $333,955 $330,646 $335,896
Med Price Change n/a +2.89% +1.00% -1.59% -3.03%
Avg Bedrooms n/a 3.21 beds 3.2 beds 3.23 beds 3.26 beds
Avg Bathrooms n/a 2.12 baths 2.13 baths 2.15 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 155 $329,941 50 days
First Colonial 147 $766,384 120 days
Frank W. Cox 205 $892,380 101 days
Green Run 150 $265,699 48 days
Kellam 163 $652,415 94 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,410 $506,816 75 days
Distressed Homes 18 $297,422 126 days
Multi-Million Dollar Homes 108 $2,073,790 201 days
Newly Built Homes 125 $832,154 122 days
Homes with a Pool 107 $1,133,414 88 days
Reduced Price Homes 30 $440,188 32 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: December 9, 2021

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