• Virginia Beach Market Report

    $602,971

    AVERAGE PRICE OF 3,373 HOMES

    $583,563

    AVERAGE PRICE OF 831 REDUCED PRICE HOMES

    $197,003

    AVERAGE PRICE OF 278 DISTRESSED HOMES

    $1,864,641

    AVERAGE PRICE OF 163 MULTI-MILLION DOLLAR HOMES

    $550,470

    AVERAGE PRICE OF 388 NEWLY BUILT HOMES

    $481,414

    AVERAGE PRICE OF 1,008 HOMES WITH A POOL

    Average Home

    Average Price $602,971
    Avg Bedrooms 3.5 beds
    Avg Bathrooms 3.19 baths

    Average Price by Bedrooms

    1 bedroom $180,664
    2 bedrooms $200,453
    3 bedrooms $289,106
    4 bedrooms $617,750
    5 bedrooms $715,043
    Virginia Beach Home Price Trends
      3/2017 2/2017 1/2017 12/2016 11/2016
    Total Listings 3,043 2,801 2,637 2,202 2,273
    Average Price $451,577 $445,790 $444,498 $481,871 $498,114
    Avg Price Change +1.30% +0.29% -8.41% -3.37% -7.11%
    Median Price $391,567 $384,906 $379,206 $406,982 $450,144
    Med Price Change +1.73% +1.50% -7.32% -10.61% -18.45%
    Avg Bedrooms 2.53 beds 2.5 beds 2.53 beds 3.44 beds 3.5 beds
    Avg Bathrooms 2.45 baths 2.42 baths 2.42 baths 2.64 baths 2.7 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bayside 352 $253,783 n/a
    First Colonial 345 $630,822 n/a
    Frank W. Cox 600 $658,504 n/a
    Green Run 300 $196,236 n/a
    Kellam 481 $544,588 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 3,373 $602,971 528 days
    Reduced Price Homes 831 $583,563 528 days
    Distressed Homes 278 $197,003 n/a
    Multi-Million Dollar Homes 163 $1,864,641 n/a
    Newly Built Homes 388 $550,470 n/a
    Homes with a Pool 1,008 $481,414 n/a