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Virginia Beach

Why you'd want to live in Virginia Beach

Virginia Beach offers a vibrant coastal lifestyle with miles of sandy beaches and a bustling boardwalk, perfect for those who enjoy outdoor activities like surfing, swimming, and sunbathing. The city is known for its diverse dining options, ranging from fresh seafood to international cuisine, and hosts numerous festivals and events throughout the year that cater to various interests. Additionally, Virginia Beach boasts a strong sense of community with excellent schools and numerous parks, making it an ideal place for families.

Virginia Beach Market Report

$691,778

AVERAGE PRICE OF 1,594 HOMES

$328,355

AVERAGE PRICE OF 27 DISTRESSED HOMES

$2,040,572

AVERAGE PRICE OF 234 MULTI-MILLION DOLLAR HOMES

$933,991

AVERAGE PRICE OF 140 NEWLY BUILT HOMES

$1,340,569

AVERAGE PRICE OF 157 HOMES WITH A POOL

$638,783

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $691,778
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $337,149
2 bedrooms $313,197
3 bedrooms $485,994
4 bedrooms $726,414
5 bedrooms $1,152,928
Virginia Beach Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,599 1,575 1,499 1,311 1,230
Average Price $682,468 $675,103 $670,555 $688,137 $674,244
Avg Price Change +1.09% +0.68% -2.62% +2.06% -0.94%
Median Price $432,245 $430,405 $426,151 $420,929 $417,978
Med Price Change +0.43% +1.00% +1.24% +0.71% -0.89%
Avg Bedrooms 3.27 beds 3.2 beds 3.16 beds 3.14 beds 3.15 beds
Avg Bathrooms 2.23 baths 2.2 baths 2.17 baths 2.17 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kellam 251 $903,197 107 days
Total Homes Average Price Avg Days on Site
All Homes 1,594 $691,778 61 days
Distressed Homes 27 $328,355 67 days
Multi-Million Dollar Homes 234 $2,040,572 106 days
Newly Built Homes 140 $933,991 94 days
Homes with a Pool 157 $1,340,569 50 days
Reduced Price Homes 91 $638,783 51 days
OWN Real Estate
Mary Boling
440 Monticello Ave Suite 1800
Norfolk, VA 23510
619-665-8871

Fair Housing/Equal Opportunity
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2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2025 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: July 20, 2025. This application does not include information on all of the properties available for sale at this time.
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