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Virginia Beach Market Report

$464,715

AVERAGE PRICE OF 3,069 HOMES

$228,419

AVERAGE PRICE OF 110 DISTRESSED HOMES

$1,788,154

AVERAGE PRICE OF 198 MULTI-MILLION DOLLAR HOMES

$579,697

AVERAGE PRICE OF 408 NEWLY BUILT HOMES

$863,558

AVERAGE PRICE OF 340 HOMES WITH A POOL

$480,120

AVERAGE PRICE OF 93 REDUCED PRICE HOMES

Average Home

Average Price $464,715
Avg Bedrooms 3.38 beds
Avg Bathrooms 2.29 baths

Average Price by Bedrooms

1 bedroom $183,903
2 bedrooms $226,522
3 bedrooms $326,988
4 bedrooms $492,312
5 bedrooms $749,918
Virginia Beach Home Price Trends
  7/2019 6/2019 5/2019 4/2019 3/2019
Total Listings n/a 3,200 3,131 2,959 2,731
Average Price n/a $460,064 $455,223 $458,909 $453,628
Avg Price Change n/a +1.06% -0.81% +1.16% +2.53%
Median Price n/a $328,441 $328,194 $330,127 $327,072
Med Price Change n/a +0.08% -0.59% +0.93% +2.21%
Avg Bedrooms n/a 3.4 beds 3.39 beds 3.39 beds 3.36 beds
Avg Bathrooms n/a 2.31 baths 2.3 baths 2.3 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 278 $283,538 64 days
First Colonial 363 $628,282 90 days
Frank W. Cox 580 $759,051 105 days
Kellam 475 $547,783 118 days
Salem 247 $279,659 95 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,069 $464,715 85 days
Distressed Homes 110 $228,419 108 days
Multi-Million Dollar Homes 198 $1,788,154 141 days
Newly Built Homes 408 $579,697 122 days
Homes with a Pool 340 $863,558 90 days
Reduced Price Homes 93 $480,120 58 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: August 19, 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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