• Virginia Beach Market Report

    $606,366

    AVERAGE PRICE OF 3,457 HOMES

    $590,836

    AVERAGE PRICE OF 944 REDUCED PRICE HOMES

    $192,807

    AVERAGE PRICE OF 265 DISTRESSED HOMES

    $1,848,877

    AVERAGE PRICE OF 165 MULTI-MILLION DOLLAR HOMES

    $550,597

    AVERAGE PRICE OF 401 NEWLY BUILT HOMES

    $489,793

    AVERAGE PRICE OF 1,015 HOMES WITH A POOL

    Average Home

    Average Price $606,366
    Avg Bedrooms 3.5 beds
    Avg Bathrooms 3.2 baths

    Average Price by Bedrooms

    1 bedroom $237,270
    2 bedrooms $203,524
    3 bedrooms $295,748
    4 bedrooms $619,082
    5 bedrooms $709,621
    Virginia Beach Home Price Trends
      4/2017 3/2017 2/2017 1/2017 12/2016
    Total Listings 3,276 3,043 2,801 2,637 2,202
    Average Price $414,389 $451,577 $445,790 $444,498 $481,871
    Avg Price Change -8.97% +1.30% +0.29% -8.41% -3.37%
    Median Price $291,637 $391,567 $384,906 $379,206 $406,982
    Med Price Change -34.27% +1.73% +1.50% -7.32% -10.61%
    Avg Bedrooms 3 beds 2.53 beds 2.5 beds 2.53 beds 3.44 beds
    Avg Bathrooms 2.37 baths 2.45 baths 2.42 baths 2.42 baths 2.64 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bayside 348 $257,741 n/a
    First Colonial 363 $596,137 n/a
    Frank W. Cox 627 $683,357 n/a
    Green Run 306 $195,276 n/a
    Kellam 494 $555,026 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 3,457 $606,366 528 days
    Reduced Price Homes 944 $590,836 528 days
    Distressed Homes 265 $192,807 n/a
    Multi-Million Dollar Homes 165 $1,848,877 n/a
    Newly Built Homes 401 $550,597 n/a
    Homes with a Pool 1,015 $489,793 n/a