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Virginia Beach Market Report

$657,471

AVERAGE PRICE OF 1,350 HOMES

$248,215

AVERAGE PRICE OF 20 DISTRESSED HOMES

$2,081,288

AVERAGE PRICE OF 180 MULTI-MILLION DOLLAR HOMES

$799,892

AVERAGE PRICE OF 154 NEWLY BUILT HOMES

$1,299,543

AVERAGE PRICE OF 115 HOMES WITH A POOL

$629,543

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $657,471
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $349,581
2 bedrooms $332,297
3 bedrooms $488,471
4 bedrooms $702,091
5 bedrooms $1,019,520
Virginia Beach Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,268 1,243 1,136 1,086 1,053
Average Price $651,383 $659,076 $626,033 $611,616 $602,213
Avg Price Change -1.18% +5.28% +2.36% +1.56% -0.91%
Median Price $422,110 $426,319 $422,450 $409,192 $399,398
Med Price Change -1.00% +0.92% +3.24% +2.45% -2.07%
Avg Bedrooms 3.23 beds 3.27 beds 3.24 beds 3.23 beds 3.21 beds
Avg Bathrooms 2.17 baths 2.19 baths 2.18 baths 2.16 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 221 $1,101,992 66 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,350 $657,471 60 days
Distressed Homes 20 $248,215 96 days
Multi-Million Dollar Homes 180 $2,081,288 115 days
Newly Built Homes 154 $799,892 79 days
Homes with a Pool 115 $1,299,543 34 days
Reduced Price Homes 57 $629,543 31 days
RE/MAX Edge
Justin Watson
120 S. Lynnhaven Rd, Ste 204
Virginia Beach, VA 23452
757-995-5384

©2024 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

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REIN update its listing on a daily basis. data last updated: July 20, 2024

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

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