If you need assistance, please call 757-550-1702

Virginia Beach Market Report

$658,377

AVERAGE PRICE OF 1,250 HOMES

$263,378

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,030,158

AVERAGE PRICE OF 171 MULTI-MILLION DOLLAR HOMES

$898,692

AVERAGE PRICE OF 136 NEWLY BUILT HOMES

$1,302,278

AVERAGE PRICE OF 111 HOMES WITH A POOL

$699,792

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $658,377
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $438,368
2 bedrooms $324,243
3 bedrooms $481,059
4 bedrooms $695,398
5 bedrooms $1,018,077
Virginia Beach Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 1,243 1,136 1,086 1,053 1,009
Average Price $659,076 $626,033 $611,616 $602,213 $607,664
Avg Price Change +5.28% +2.36% +1.56% -0.91% +0.85%
Median Price $426,319 $422,450 $409,192 $399,398 $407,650
Med Price Change +0.92% +3.24% +2.45% -2.07% +1.92%
Avg Bedrooms 3.27 beds 3.24 beds 3.23 beds 3.21 beds 3.25 beds
Avg Bathrooms 2.19 baths 2.18 baths 2.16 baths 2.15 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kellam 197 $853,587 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,250 $658,377 61 days
Distressed Homes 19 $263,378 127 days
Multi-Million Dollar Homes 171 $2,030,158 116 days
Newly Built Homes 136 $898,692 85 days
Homes with a Pool 111 $1,302,278 39 days
Reduced Price Homes 46 $699,792 39 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: June 14, 2024

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