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Virginia Beach Market Report

$476,991

AVERAGE PRICE OF 1,860 HOMES

$296,671

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,175,222

AVERAGE PRICE OF 111 MULTI-MILLION DOLLAR HOMES

$805,677

AVERAGE PRICE OF 114 NEWLY BUILT HOMES

$1,002,031

AVERAGE PRICE OF 158 HOMES WITH A POOL

$433,813

AVERAGE PRICE OF 46 REDUCED PRICE HOMES

Average Home

Average Price $476,991
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $205,112
2 bedrooms $249,246
3 bedrooms $354,468
4 bedrooms $491,151
5 bedrooms $944,925
Virginia Beach Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,999 1,973 1,998 1,941 1,819
Average Price $477,788 $486,599 $490,555 $483,144 $483,057
Avg Price Change -1.84% -0.81% +1.53% +0.02% +0.32%
Median Price $330,646 $335,896 $346,058 $337,742 $334,641
Med Price Change -1.59% -3.03% +2.46% +0.93% +1.36%
Avg Bedrooms 3.23 beds 3.26 beds 3.25 beds 3.22 beds 3.22 beds
Avg Bathrooms 2.15 baths 2.16 baths 2.16 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 200 $320,042 50 days
First Colonial 204 $678,014 97 days
Frank W. Cox 290 $814,753 82 days
Green Run 183 $253,919 38 days
Kellam 173 $689,890 82 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,860 $476,991 63 days
Distressed Homes 14 $296,671 117 days
Multi-Million Dollar Homes 111 $2,175,222 192 days
Newly Built Homes 114 $805,677 116 days
Homes with a Pool 158 $1,002,031 61 days
Reduced Price Homes 46 $433,813 49 days
Sea Glass Realty | Creed Realty
Sarah Wood
4019 E Ocean View Ave
Norfolk, VA 23518
757-748-1354
George Temple
770 Lynnhaven Pkwy, Suite 200
Virginia Beach, VA, 23452
757-286-2210

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REIN update its listing on a daily basis. data last updated: September 22, 2021

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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