Virginia Beach Market Report

$498,949

AVERAGE PRICE OF 1,474 HOMES

$307,858

AVERAGE PRICE OF 17 DISTRESSED HOMES

$2,069,726

AVERAGE PRICE OF 108 MULTI-MILLION DOLLAR HOMES

$830,334

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$1,093,100

AVERAGE PRICE OF 114 HOMES WITH A POOL

$484,411

AVERAGE PRICE OF 33 REDUCED PRICE HOMES

Average Home

Average Price $498,949
Avg Bedrooms 3.19 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $208,983
2 bedrooms $243,104
3 bedrooms $364,659
4 bedrooms $507,734
5 bedrooms $1,011,404
Virginia Beach Home Price Trends
  11/2021 10/2021 9/2021 8/2021 7/2021
Total Listings n/a 1,771 1,887 1,999 1,973
Average Price n/a $492,169 $481,442 $477,788 $486,599
Avg Price Change n/a +2.23% +0.76% -1.84% -0.81%
Median Price n/a $343,606 $333,955 $330,646 $335,896
Med Price Change n/a +2.89% +1.00% -1.59% -3.03%
Avg Bedrooms n/a 3.21 beds 3.2 beds 3.23 beds 3.26 beds
Avg Bathrooms n/a 2.12 baths 2.13 baths 2.15 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 163 $326,427 50 days
First Colonial 152 $744,949 116 days
Frank W. Cox 215 $875,890 97 days
Green Run 162 $263,676 46 days
Kellam 163 $649,422 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,474 $498,949 72 days
Distressed Homes 17 $307,858 130 days
Multi-Million Dollar Homes 108 $2,069,726 198 days
Newly Built Homes 124 $830,334 122 days
Homes with a Pool 114 $1,093,100 82 days
Reduced Price Homes 33 $484,411 36 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: December 5, 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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