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Virginia Beach Market Report

$571,016

AVERAGE PRICE OF 1,209 HOMES

$250,468

AVERAGE PRICE OF 16 DISTRESSED HOMES

$1,981,650

AVERAGE PRICE OF 125 MULTI-MILLION DOLLAR HOMES

$817,484

AVERAGE PRICE OF 149 NEWLY BUILT HOMES

$1,083,887

AVERAGE PRICE OF 95 HOMES WITH A POOL

$499,835

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $571,016
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $238,356
2 bedrooms $288,507
3 bedrooms $419,476
4 bedrooms $558,152
5 bedrooms $989,013
Virginia Beach Home Price Trends
  10/2022 9/2022 8/2022 7/2022 6/2022
Total Listings 1,250 1,408 1,530 1,585 n/a
Average Price $579,675 $573,080 $551,060 $549,064 n/a
Avg Price Change +1.15% +4.00% +0.36% n/a n/a
Median Price $381,650 $377,886 $366,026 $364,500 n/a
Med Price Change +1.00% +3.24% +0.42% n/a n/a
Avg Bedrooms 3.21 beds 3.21 beds 3.19 beds 3.21 beds n/a
Avg Bathrooms 2.13 baths 2.14 baths 2.12 baths 2.14 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 126 $358,173 52 days
First Colonial 111 $685,635 94 days
Frank W. Cox 191 $1,043,251 103 days
Green Run 124 $289,133 39 days
Kellam 166 $719,787 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,209 $571,016 79 days
Distressed Homes 16 $250,468 66 days
Multi-Million Dollar Homes 125 $1,981,650 195 days
Newly Built Homes 149 $817,484 164 days
Homes with a Pool 95 $1,083,887 59 days
Reduced Price Homes 25 $499,835 38 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 26, 2022

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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