Virginia Beach Market Report
$482,717
AVERAGE PRICE OF 1,897 HOMES$252,750
AVERAGE PRICE OF 14 DISTRESSED HOMES$1,942,167
AVERAGE PRICE OF 130 MULTI-MILLION DOLLAR HOMES$697,507
AVERAGE PRICE OF 154 NEWLY BUILT HOMES$983,031
AVERAGE PRICE OF 173 HOMES WITH A POOL$627,140
AVERAGE PRICE OF 19 REDUCED PRICE HOMESAverage Home
| Average Price | $482,717 |
| Avg Bedrooms | 3.23 beds |
| Avg Bathrooms | 2.16 baths |
Average Price by Bedrooms
| 1 bedroom | $226,246 |
| 2 bedrooms | $235,814 |
| 3 bedrooms | $359,824 |
| 4 bedrooms | $499,707 |
| 5 bedrooms | $860,053 |
Virginia Beach Home Price Trends
| 4/2021 | 3/2021 | 2/2021 | 1/2021 | 12/2020 | |
|---|---|---|---|---|---|
| Total Listings | 1,819 | 1,677 | n/a | 1,578 | 1,774 |
| Average Price | $483,057 | $481,515 | n/a | $485,860 | $481,641 |
| Avg Price Change | +0.32% | n/a | n/a | +0.88% | +1.10% |
| Median Price | $334,641 | $330,139 | n/a | $324,794 | $321,452 |
| Med Price Change | +1.36% | n/a | n/a | +1.04% | -0.63% |
| Avg Bedrooms | 3.22 beds | 3.2 beds | n/a | 3.19 beds | 3.21 beds |
| Avg Bathrooms | 2.16 baths | 2.16 baths | n/a | 2.16 baths | 2.18 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bayside | 216 | $315,617 | 46 days |
| First Colonial | 200 | $769,612 | 79 days |
| Frank W. Cox | 313 | $774,145 | 76 days |
| Green Run | 182 | $244,385 | 31 days |
| Kellam | 220 | $596,316 | 99 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,897 | $482,717 | 62 days |
| Distressed Homes | 14 | $252,750 | 195 days |
| Multi-Million Dollar Homes | 130 | $1,942,167 | 155 days |
| Newly Built Homes | 154 | $697,507 | 137 days |
| Homes with a Pool | 173 | $983,031 | 43 days |
| Reduced Price Homes | 19 | $627,140 | 47 days |
