$250,000
3913 Thalia Trace Ct
Virginia Beach, VA
2 bd2 ba981 sqft$255/ft²
Townhouse3,306 sqft lot
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Sarah Mitchell
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Compass Real Estate · Virginia Beach, VA
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Virginia Beach, VA(512) 555-0184TX License #0512847
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Virginia Beach, VA Housing Market
Seller's market+2.2% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Virginia Beach, VA is worth $427,730, rose 2.2% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $426,000, +4.4% year over year (through May 2026). With 1.8 months of supply and homes going under contract in about 23 days, Virginia Beach is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $427,730 home is about $2,283/mo in principal and interest.
Key numbers for Virginia Beach, VA
Typical home value
$427,730
+2.2% in 12 months
Zillow, August 2026
Typical asking rent
$2,086/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$426,000
+4.4% year over year
Redfin, through May 2026
Days on market
23
Average pace
Redfin, through May 2026
Active listings
1,010
1.8 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$90,685
Home costs 4.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.9%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Virginia Beach a buyer's or seller's market?
Seller's market1.8 months of supply23 days on market99.9% of asking
Virginia Beach, VA is a seller's market, based on 1.8 months of supply and homes selling in about 23 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Virginia Beach housing market data show?
Every row below is Redfin's final published month for Virginia Beach, VA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $426,000 |
| Median list price | $449,900 |
| Year-over-year price change | +4.4% |
| Median price per sq ft | $245/sq ft |
| Median days on market | 23 days |
| Active inventory | 1,010 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 99.9% |
| Homes sold (that month) | 552 |
| New listings (that month) | 745 |
| Listings with a price cut | 23.5% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Virginia Beach is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Virginia Beach is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Virginia Beach home prices moved?
Over the last three years the median sale price in Virginia Beach, VA rose 15.1%, from $370,000 to $426,000. The live Zillow value series has rose 2.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.5% of Virginia Beach listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.8 months while the sale-to-list ratio slips below its current 99.9%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Virginia Beach?
Priced off the typical home value of $427,730 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $85,546 | $342,184 | $2,283/mo |
| 5% | $21,387 | $406,344 | $2,712/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,283, that implies roughly $97,863 a year before you add taxes and insurance. The median household in Virginia Beach earns $90,685, about $7,178 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.7x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Virginia Beach in the next 12 months?
Tell us your timeline. We send the Virginia Beach market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Virginia Beach?
Typical asking rent in Virginia Beach, VA is $2,086/mo, against a typical home value of $427,730. That is a price-to-rent ratio of 17.1x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,283 a month — $197 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Virginia Beach?
Active listings in Virginia Beach, VA went from 1,048 in May 2025 to 1,010 in May 2026, a -3.6% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 1,011 | 613 |
| July 2025 | 1,037 | 666 |
| August 2025 | 1,023 | 558 |
| September 2025 | 964 | 515 |
| October 2025 | 979 | 563 |
| November 2025 | 920 | 421 |
| December 2025 | 757 | 345 |
| January 2026 | 774 | 466 |
| February 2026 | 752 | 472 |
| March 2026 | 838 | 633 |
| April 2026 | 910 | 746 |
| May 2026 | 1,010 | 745 |
Redfin, through May 2026
How does Virginia Beach compare to Virginia and the U.S.?
Virginia Beach homes sell for $426,000 — 15% below the Virginia median of $499,300. Against the national median of $410,700, Virginia Beach runs 4% higher. Year-over-year, Virginia Beach moved +4.4% against Virginia's +3.9% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Virginia Beach, VA | $426,000 | +4.4% | 23 days |
| Virginia statewide | $499,300 | +3.9% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Virginia Beach
What buyers should watch
- Months of supply, currently 1.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 23.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $428 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $427,730 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Virginia Beach listing goes under contract in 23 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Virginia Beach added 745 new listings against 552 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Virginia Beach varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Virginia Beach
There are currently 1,010 homes listed for sale in Virginia Beach, Virginia. The median listing price is $450K. Featured listings range from $250,000 to $1,025,000.
$300,000
3204 Club House Rd
Virginia Beach, VA
3 bd2 ba1,900 sqft$158/ft²
House16,988 sqft lot
View photos & details
$354,900
701 S Lynnhaven Rd
Virginia Beach, VA
5 bd2 ba1,926 sqft$184/ft²
House8,895 sqft lot
View photos & details
$375,000
6344 Dartmouth Way
Virginia Beach, VA
3 bd2 ba2,030 sqft$185/ft²
House8,399 sqft lot
View photos & details
$380,000
3644 Walnut Hill Rd
Virginia Beach, VA
3 bd2 ba1,522 sqft$250/ft²
House
View photos & details
$420,000
4412 Paul Jones Ln
Virginia Beach, VA
4 bd3 ba2,000 sqft$210/ft²
House
View photos & details
$504,900
4868 Boxford Rd
Virginia Beach, VA
4 bd3 ba2,200 sqft$230/ft²
House6,003 sqft lot
View photos & details
$525,000
929 Kela Cres
Virginia Beach, VA
3 bd3 ba2,500 sqft$210/ft²
House
View photos & details
$585,000
4517 Rothwell Dr
Virginia Beach, VA
5 bd3 ba2,981 sqft$196/ft²
House
View photos & details
$629,000
320 25th 1/2 St
Virginia Beach, VA
3 bd3 ba1,450 sqft$434/ft²
House
View photos & details
$659,000
2233 Cape Arbor Dr
Virginia Beach, VA
3 bd3 ba1,891 sqft$348/ft²
Townhouse
View photos & details
$1,025,000
116 72nd St
Virginia Beach, VA
4 bd3 ba2,220 sqft$462/ft²
Condo
View photos & details
Looking to buy in Virginia Beach?
Get connected with a local real estate expert — free, no obligation.
Active listings
1,010
Homes on market
Median list price
$450K
Avg. days on market
23
Days until sale
New this week
745
Newly listed
Price drops:23.5%of listings
Sale-to-list:99.9%
How much do homes cost in Virginia Beach by property type?
How the Virginia Beach, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $501,000 | $258/sq ft | 319 | 21 days |
| Condo / co-op | $350,000 | $225/sq ft | 145 | 34 days |
| Townhouse | $304,000 | $218/sq ft | 87 | 21 days |
Who lives in Virginia Beach?
American Community Survey estimates for Virginia Beach. U.S. Census ACS, 2023
Population
457,066
Households
179,800
Median income
$90,685/yr
Median age
37.4 years
Owner-occupied
64.9%
Median home value
$366,300
Median gross rent
$1,649/mo
Mean commute
23.2 min
64.9% of occupied homes in Virginia Beach are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $366,300 against Zillow's $427,730 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,649/mo, below Zillow's $2,086/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Virginia Beach?
50 schools tracked · 50,569 students
The largest public schools serving Virginia Beach, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Landstown High
Grades 9-12 · 2,212 students
Kempsville High
Grades 9-12 · 2,051 students
Bayside High
Grades 9-12 · 1,990 students
Floyd Kellam High
Grades 9-12 · 1,892 students
Tallwood High
Grades 9-12 · 1,875 students
Ocean Lakes High
Grades 9-12 · 1,814 students
First Colonial High
Grades 9-12 · 1,732 students
Princess Anne High
Grades 9-12 · 1,715 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Virginia Beach, VA?
Ordered by distance from Virginia Beach, not by size. Compare Virginia Beach side by side with any of them.
Virginia Beach housing market FAQ
Is Virginia Beach a buyer's or seller's market?
Virginia Beach, VA is currently a seller's market. That read comes from 1.8 months of supply, homes going under contract in about 23 days, and sellers getting 99.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Virginia Beach?
The typical home in Virginia Beach, VA is worth $427,730 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $426,000, about $245 per square foot.
Is Virginia Beach cheaper than the rest of Virginia?
Virginia Beach's median sale price of $426,000 is 15% lower than the Virginia statewide median of $499,300, and 4% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Virginia Beach?
Homes in Virginia Beach, VA spent a median of 23 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Virginia Beach?
At the current 30-year fixed rate of 7.03%, 20% down on a $427,730 home is about $2,283 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $97,863 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $90,685.
Are home prices rising in Virginia Beach?
The typical home value in Virginia Beach, VA rose 2.2% over the last 12 months, from $418,503 to $427,730 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Virginia Beach?
Virginia Beach ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Virginia Beach?
That depends on your timeline, not on a headline. What the data says today: Virginia Beach, VA is a seller's market with 1.8 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 17.1x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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