Virginia Beach Market Report
$485,031
AVERAGE PRICE OF 1,970 HOMES$287,958
AVERAGE PRICE OF 17 DISTRESSED HOMES$2,109,365
AVERAGE PRICE OF 130 MULTI-MILLION DOLLAR HOMES$816,520
AVERAGE PRICE OF 116 NEWLY BUILT HOMES$961,181
AVERAGE PRICE OF 192 HOMES WITH A POOL$394,218
AVERAGE PRICE OF 52 REDUCED PRICE HOMESAverage Home
| Average Price | $485,031 |
| Avg Bedrooms | 3.27 beds |
| Avg Bathrooms | 2.17 baths |
Average Price by Bedrooms
| 1 bedroom | $179,415 |
| 2 bedrooms | $236,180 |
| 3 bedrooms | $352,494 |
| 4 bedrooms | $492,724 |
| 5 bedrooms | $952,476 |
Virginia Beach Home Price Trends
| 6/2021 | 5/2021 | 4/2021 | 3/2021 | 2/2021 | |
|---|---|---|---|---|---|
| Total Listings | 1,998 | 1,941 | 1,819 | 1,677 | n/a |
| Average Price | $490,555 | $483,144 | $483,057 | $481,515 | n/a |
| Avg Price Change | +1.53% | +0.02% | +0.32% | n/a | n/a |
| Median Price | $346,058 | $337,742 | $334,641 | $330,139 | n/a |
| Med Price Change | +2.46% | +0.93% | +1.36% | n/a | n/a |
| Avg Bedrooms | 3.25 beds | 3.22 beds | 3.22 beds | 3.2 beds | n/a |
| Avg Bathrooms | 2.16 baths | 2.16 baths | 2.16 baths | 2.16 baths | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bayside | 228 | $317,928 | 42 days |
| First Colonial | 211 | $714,899 | 92 days |
| Frank W. Cox | 291 | $834,964 | 70 days |
| Green Run | 196 | $248,221 | 35 days |
| Kellam | 206 | $685,952 | 77 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,970 | $485,031 | 58 days |
| Distressed Homes | 17 | $287,958 | 130 days |
| Multi-Million Dollar Homes | 130 | $2,109,365 | 157 days |
| Newly Built Homes | 116 | $816,520 | 132 days |
| Homes with a Pool | 192 | $961,181 | 45 days |
| Reduced Price Homes | 52 | $394,218 | 30 days |
