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Virginia Beach Market Report

$493,005

AVERAGE PRICE OF 1,989 HOMES

$242,809

AVERAGE PRICE OF 93 DISTRESSED HOMES

$1,824,335

AVERAGE PRICE OF 156 MULTI-MILLION DOLLAR HOMES

$551,697

AVERAGE PRICE OF 341 NEWLY BUILT HOMES

$944,459

AVERAGE PRICE OF 234 HOMES WITH A POOL

$510,582

AVERAGE PRICE OF 45 REDUCED PRICE HOMES

Average Home

Average Price $493,005
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $234,012
2 bedrooms $230,321
3 bedrooms $341,530
4 bedrooms $497,722
5 bedrooms $785,378
Virginia Beach Home Price Trends
  12/2019 11/2019 10/2019 9/2019 8/2019
Total Listings 2,234 2,561 2,723 2,882 3,048
Average Price $486,044 $475,180 $466,357 $466,667 $464,811
Avg Price Change +2.29% +1.89% -0.07% +0.40% -1.10%
Median Price $337,939 $333,500 $327,011 $329,003 $325,916
Med Price Change +1.33% +1.98% -0.61% +0.95% -2.79%
Avg Bedrooms 3.37 beds 3.38 beds 3.38 beds 3.37 beds 3.38 beds
Avg Bathrooms 2.3 baths 2.3 baths 2.29 baths 2.29 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 191 $285,943 76 days
First Colonial 250 $688,676 130 days
Frank W. Cox 348 $814,142 147 days
Kellam 327 $563,992 163 days
Salem 187 $296,902 109 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,989 $493,005 113 days
Distressed Homes 93 $242,809 121 days
Multi-Million Dollar Homes 156 $1,824,335 214 days
Newly Built Homes 341 $551,697 135 days
Homes with a Pool 234 $944,459 132 days
Reduced Price Homes 45 $510,582 75 days
SEVEN CITY HOMES at Beach South Realty
Jason Sampson
5265 Providence Rd. Suite 202
Virginia Beach, VA 23464
757-390-7575
Mike Startare
600 Lynnhaven Parkway, Suite 100
Virginia Beach, VA, 23452
Work:757.498.6789 Ext:2614
Mobile:757.270.4647
Licensed in VA, NC.

Featured real estate company is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. The featured lender has an affiliated business relationship with the featured real estate agent. You are under no obligation to use the featured lender for financing. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452.
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REIN update its listing on a daily basis. data last updated: January 20, 2020

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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