Virginia Beach, VA Housing Market & Real Estate

Seller's market-2.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Virginia Beach, VA is $388,750, down 2.8% year-over-year. Homes sell in an average of 32 days with 643 active listings. The market is currently a seller's market.

$388,750median sale price

Is Virginia Beach a buyer's or seller's market?

Seller's market1.6 months of supply32 avg. days on market

Virginia Beach, VA is currently a seller's market, based on 1.6 months of supply and homes selling in about 32 days. How we determine this →

Homes sold

402

Last 12 weeks

Days on market

32

Average pace

Active listings

643

1.6 months supply

Sale-to-list

99.5%

Below asking

Virginia Beach, VA market data

Current housing market statistics for Virginia Beach, VA
MetricValue
Median sale price$388,750
Median list price$399,950
Year-over-year price change-2.8%
Average days on market32 days
Active inventory643 listings
Months of supply1.6 months
Sale-to-list price ratio99.5%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Virginia Beach housing market is currently classified as a seller's market with a median sale price of $388,750. Prices have fallen 2.8% compared to last year, with homes spending an average of 32 days on market, indicating 1.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Virginia Beach

There are currently 643 homes listed for sale in Virginia Beach, Virginia. The median listing price is $400K. Featured listings range from $250,000 to $1,025,000.

2 bedroom townhouse for sale at 3913 Thalia Trace Ct Virginia Beach - $250,000
$250,000

3913 Thalia Trace Ct

Virginia Beach, VA

2 bd2 ba981 sqft
Townhouse3,306 sqft lot
More about this property
3 bedroom house for sale at 3204 Club House Rd Virginia Beach - $300,000
$300,000

3204 Club House Rd

Virginia Beach, VA

3 bd2 ba1,900 sqft
House16,988 sqft lot
More about this property
5 bedroom house for sale at 701 S Lynnhaven Rd Virginia Beach - $354,900
$354,900

701 S Lynnhaven Rd

Virginia Beach, VA

5 bd2 ba1,926 sqft
House8,895 sqft lot
More about this property
3 bedroom house for sale at 6344 Dartmouth Way Virginia Beach - $375,000
$375,000

6344 Dartmouth Way

Virginia Beach, VA

3 bd2 ba2,030 sqft
House8,399 sqft lot
More about this property
3 bedroom house for sale at 3644 Walnut Hill Rd Virginia Beach - $380,000
$380,000

3644 Walnut Hill Rd

Virginia Beach, VA

3 bd2 ba1,522 sqft
House
More about this property
4 bedroom house for sale at 4412 Paul Jones Ln Virginia Beach - $420,000
$420,000

4412 Paul Jones Ln

Virginia Beach, VA

4 bd3 ba2,000 sqft
House
More about this property
4 bedroom house for sale at 4868 Boxford Rd Virginia Beach - $504,900
$504,900

4868 Boxford Rd

Virginia Beach, VA

4 bd3 ba2,200 sqft
House6,003 sqft lot
More about this property
3 bedroom house for sale at 929 Kela Cres Virginia Beach - $525,000
$525,000

929 Kela Cres

Virginia Beach, VA

3 bd3 ba2,500 sqft
House
More about this property
5 bedroom house for sale at 4517 Rothwell Dr Virginia Beach - $585,000
$585,000

4517 Rothwell Dr

Virginia Beach, VA

5 bd3 ba2,981 sqft
House
More about this property
3 bedroom house for sale at 320 25th 1/2 St Virginia Beach - $629,000
$629,000

320 25th 1/2 St

Virginia Beach, VA

3 bd3 ba1,450 sqft
House
More about this property
3 bedroom townhouse for sale at 2233 Cape Arbor Dr Virginia Beach - $659,000
$659,000

2233 Cape Arbor Dr

Virginia Beach, VA

3 bd3 ba1,891 sqft
Townhouse
More about this property
4 bedroom condo for sale at 116 72nd St Virginia Beach - $1,025,000
$1,025,000

116 72nd St

Virginia Beach, VA

4 bd3 ba2,220 sqft
Condo
More about this property

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Active listings

643

Homes on market

Median list price

$400K

Avg. days on market

32

Days until sale

New this week

466

Newly listed

Price drops:16.8%of listings
Sale-to-list:99.5%

Top public schools in 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

Public

Kempsville High

Grades 9-12 · 2,051 students

Public

Bayside High

Grades 9-12 · 1,990 students

Public

Floyd Kellam High

Grades 9-12 · 1,892 students

Public

Tallwood High

Grades 9-12 · 1,875 students

Public

Ocean Lakes High

Grades 9-12 · 1,814 students

Public

First Colonial High

Grades 9-12 · 1,732 students

Public

Princess Anne High

Grades 9-12 · 1,715 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in VA

Frequently asked questions

What is the average home price in Virginia Beach?

The median home sale price in Virginia Beach is $388,750, down 2.8% from last year.

How long do homes stay on market in Virginia Beach?

Homes typically spend 32 days on market before going under contract.

Is Virginia Beach a buyer's or seller's market?

With 1.6 months of supply, Virginia Beach is currently a seller's market.

How many homes are for sale in Virginia Beach?

There are currently 643 homes listed for sale in Virginia Beach, VA.

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