If you need assistance, please call 757-354-1143

Virginia Beach Market Report

$613,069

AVERAGE PRICE OF 1,080 HOMES

$301,499

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,907,204

AVERAGE PRICE OF 131 MULTI-MILLION DOLLAR HOMES

$852,759

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$1,247,532

AVERAGE PRICE OF 87 HOMES WITH A POOL

$615,278

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $613,069
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.15 baths

Average Price by Bedrooms

1 bedroom $248,557
2 bedrooms $311,723
3 bedrooms $442,903
4 bedrooms $650,788
5 bedrooms $1,077,739
Virginia Beach Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 1,009 1,114 1,194 1,176 1,209
Average Price $607,664 $602,555 $607,882 $624,206 $612,685
Avg Price Change +0.85% -0.88% -2.69% +1.88% -1.16%
Median Price $407,650 $399,963 $408,044 $425,362 $418,727
Med Price Change +1.92% -2.02% -4.24% +1.58% +1.31%
Avg Bedrooms 3.25 beds 3.28 beds 3.23 beds 3.22 beds 3.23 beds
Avg Bathrooms 2.16 baths 2.14 baths 2.12 baths 2.14 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kellam 174 $796,301 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,080 $613,069 74 days
Distressed Homes 19 $301,499 142 days
Multi-Million Dollar Homes 131 $1,907,204 154 days
Newly Built Homes 121 $852,759 95 days
Homes with a Pool 87 $1,247,532 50 days
Reduced Price Homes 29 $615,278 44 days
SEVEN CITY REALTY
Jason Sampson
P.O BOX 61143
Virginia Beach, VA 23466
757-354-1143
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.
NMLS # 70530

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: February 26, 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.

Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Property Description, Property Photos. The source of these enhancements are: Google, Zillow, Trulia, etc.

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