Virginia Beach

Why you'd want to live in Virginia Beach

Where the Chesapeake Bay meets the Atlantic Ocean, you’ll find the vibrant and bustling coastal city of Virginia Beach. A popular destination all year long, Virginia Beach shines during the summertime when visitors flock to the oceanfront and boardwalk. Also known for its flourishing local dining scene, arts and entertainment, maritime history, and family-friendly attractions, Virginia Beach features its own unique districts that offer experiences for everyone to enjoy. via virginia.org

Virginia Beach Market Report

$492,596

AVERAGE PRICE OF 1,782 HOMES

$282,925

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,174,745

AVERAGE PRICE OF 119 MULTI-MILLION DOLLAR HOMES

$827,236

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$973,496

AVERAGE PRICE OF 178 HOMES WITH A POOL

$538,876

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

Average Home

Average Price $492,596
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $201,414
2 bedrooms $247,036
3 bedrooms $363,839
4 bedrooms $501,496
5 bedrooms $957,152
Virginia Beach Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 1,887 1,999 1,973 1,998 1,941
Average Price $481,442 $477,788 $486,599 $490,555 $483,144
Avg Price Change +0.76% -1.84% -0.81% +1.53% +0.02%
Median Price $333,955 $330,646 $335,896 $346,058 $337,742
Med Price Change +1.00% -1.59% -3.03% +2.46% +0.93%
Avg Bedrooms 3.2 beds 3.23 beds 3.26 beds 3.25 beds 3.22 beds
Avg Bathrooms 2.13 baths 2.15 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 202 $320,076 45 days
First Colonial 200 $712,161 96 days
Frank W. Cox 273 $858,864 85 days
Green Run 172 $258,209 39 days
Kellam 185 $665,773 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,782 $492,596 63 days
Distressed Homes 16 $282,925 116 days
Multi-Million Dollar Homes 119 $2,174,745 181 days
Newly Built Homes 121 $827,236 112 days
Homes with a Pool 178 $973,496 59 days
Reduced Price Homes 51 $538,876 67 days
Creed Realty
Elizabeth Harvey
600 Lynnhaven Pkwy, Suite 206
Virginia Beach, VA 23452
Direct: 757-985-2132
Office: 757-502-4070
Fax: 757-502-4071

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REIN update its listing on a daily basis. data last updated: October 15, 2021

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