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Virginia Beach Market Report

$495,263

AVERAGE PRICE OF 1,561 HOMES

$300,452

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,062,436

AVERAGE PRICE OF 113 MULTI-MILLION DOLLAR HOMES

$833,890

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$1,064,127

AVERAGE PRICE OF 121 HOMES WITH A POOL

$387,362

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $495,263
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $236,128
2 bedrooms $242,696
3 bedrooms $359,960
4 bedrooms $505,976
5 bedrooms $1,013,234
Virginia Beach Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 1,771 1,887 1,999 1,973 1,998
Average Price $492,169 $481,442 $477,788 $486,599 $490,555
Avg Price Change +2.23% +0.76% -1.84% -0.81% +1.53%
Median Price $343,606 $333,955 $330,646 $335,896 $346,058
Med Price Change +2.89% +1.00% -1.59% -3.03% +2.46%
Avg Bedrooms 3.21 beds 3.2 beds 3.23 beds 3.26 beds 3.25 beds
Avg Bathrooms 2.12 baths 2.13 baths 2.15 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 178 $315,369 49 days
First Colonial 156 $730,999 116 days
Frank W. Cox 223 $879,938 94 days
Green Run 170 $262,447 44 days
Kellam 176 $649,005 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,561 $495,263 70 days
Distressed Homes 19 $300,452 116 days
Multi-Million Dollar Homes 113 $2,062,436 190 days
Newly Built Homes 124 $833,890 118 days
Homes with a Pool 121 $1,064,127 78 days
Reduced Price Homes 24 $387,362 54 days
Vasquez Real Estate Group
5312 Kempsriver Dr, Ste 104
Virginia Beach, VA 23464
757-689-1717

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REIN update its listing on a daily basis. data last updated: November 27, 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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