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Virginia Beach

Why you'd want to live in Virginia Beach

Virginia Beach, a coastal city in southeastern Virginia, lies where the Chesapeake Bay meets the Atlantic Ocean. A 3-mile boardwalk stretches along its beach-lined oceanfront. The bayside First Landing State Park marks the 1607 arrival of the Jamestown colonists from England. The Virginia Aquarium & Marine Science Center exhibits ocean life including sharks, rays and sea turtles in globally themed habitats. via google

Virginia Beach Market Report

$543,309

AVERAGE PRICE OF 1,047 HOMES

$303,674

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,132,919

AVERAGE PRICE OF 92 MULTI-MILLION DOLLAR HOMES

$885,054

AVERAGE PRICE OF 115 NEWLY BUILT HOMES

$1,141,777

AVERAGE PRICE OF 82 HOMES WITH A POOL

$389,794

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $543,309
Avg Bedrooms 3.1 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $195,000
2 bedrooms $250,618
3 bedrooms $394,079
4 bedrooms $547,420
5 bedrooms $1,150,522
Virginia Beach Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 1,343 n/a 1,771 1,887 1,999
Average Price $514,462 n/a $492,169 $481,442 $477,788
Avg Price Change n/a n/a +2.23% +0.76% -1.84%
Median Price $351,617 n/a $343,606 $333,955 $330,646
Med Price Change n/a n/a +2.89% +1.00% -1.59%
Avg Bedrooms 3.18 beds n/a 3.21 beds 3.2 beds 3.23 beds
Avg Bathrooms 2.09 baths n/a 2.12 baths 2.13 baths 2.15 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 114 $334,454 51 days
First Colonial 103 $829,506 145 days
Frank W. Cox 182 $904,240 105 days
Green Run 94 $259,323 52 days
Kellam 122 $689,489 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,047 $543,309 85 days
Distressed Homes 16 $303,674 132 days
Multi-Million Dollar Homes 92 $2,132,919 227 days
Newly Built Homes 115 $885,054 145 days
Homes with a Pool 82 $1,141,777 91 days
Reduced Price Homes 16 $389,794 59 days
Iron Valley Real Estate Virginia Beach
Andy Nelson
200 Bendix Rd. Ste 270
Virginia Beach, VA 23452
757-550-1702

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REIN update its listing on a daily basis. data last updated: January 23, 2022

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