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Virginia Beach Market Report

$464,690

AVERAGE PRICE OF 3,204 HOMES

$226,553

AVERAGE PRICE OF 114 DISTRESSED HOMES

$1,784,154

AVERAGE PRICE OF 206 MULTI-MILLION DOLLAR HOMES

$584,494

AVERAGE PRICE OF 389 NEWLY BUILT HOMES

$869,237

AVERAGE PRICE OF 365 HOMES WITH A POOL

$463,704

AVERAGE PRICE OF 129 REDUCED PRICE HOMES

Average Home

Average Price $464,690
Avg Bedrooms 3.4 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $179,138
2 bedrooms $224,961
3 bedrooms $335,525
4 bedrooms $487,424
5 bedrooms $747,474
Virginia Beach Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 3,131 2,959 2,731 2,636 2,506
Average Price $455,223 $458,909 $453,628 $442,451 $445,382
Avg Price Change -0.81% +1.16% +2.53% -0.66% +1.22%
Median Price $328,194 $330,127 $327,072 $319,994 $320,589
Med Price Change -0.59% +0.93% +2.21% -0.19% +2.69%
Avg Bedrooms 3.39 beds 3.39 beds 3.36 beds 3.34 beds 3.35 beds
Avg Bathrooms 2.3 baths 2.3 baths 2.29 baths 2.27 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 297 $281,368 64 days
First Colonial 371 $638,589 87 days
Frank W. Cox 648 $730,503 94 days
Kellam 469 $532,410 110 days
Salem 261 $278,305 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,204 $464,690 80 days
Distressed Homes 114 $226,553 116 days
Multi-Million Dollar Homes 206 $1,784,154 133 days
Newly Built Homes 389 $584,494 119 days
Homes with a Pool 365 $869,237 84 days
Reduced Price Homes 129 $463,704 68 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.

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REIN update its listing on a daily basis. data last updated: June 27, 2019

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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