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Virginia Beach Market Report

$495,995

AVERAGE PRICE OF 1,744 HOMES

$281,135

AVERAGE PRICE OF 17 DISTRESSED HOMES

$2,100,684

AVERAGE PRICE OF 122 MULTI-MILLION DOLLAR HOMES

$814,878

AVERAGE PRICE OF 129 NEWLY BUILT HOMES

$933,873

AVERAGE PRICE OF 180 HOMES WITH A POOL

$584,142

AVERAGE PRICE OF 47 REDUCED PRICE HOMES

Average Home

Average Price $495,995
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $205,446
2 bedrooms $238,383
3 bedrooms $373,776
4 bedrooms $516,891
5 bedrooms $948,330
Virginia Beach Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 1,887 1,999 1,973 1,998 1,941
Average Price $481,442 $477,788 $486,599 $490,555 $483,144
Avg Price Change +0.76% -1.84% -0.81% +1.53% +0.02%
Median Price $333,955 $330,646 $335,896 $346,058 $337,742
Med Price Change +1.00% -1.59% -3.03% +2.46% +0.93%
Avg Bedrooms 3.2 beds 3.23 beds 3.26 beds 3.25 beds 3.22 beds
Avg Bathrooms 2.13 baths 2.15 baths 2.16 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 209 $321,917 44 days
First Colonial 180 $713,422 105 days
Frank W. Cox 275 $874,707 87 days
Green Run 177 $255,031 42 days
Kellam 179 $660,683 81 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,744 $495,995 65 days
Distressed Homes 17 $281,135 119 days
Multi-Million Dollar Homes 122 $2,100,684 179 days
Newly Built Homes 129 $814,878 111 days
Homes with a Pool 180 $933,873 60 days
Reduced Price Homes 47 $584,142 57 days
Broadsight Realty & Property Management
Bo Schrott Broker/Owner
313 Laskin Rd Suite, 102
Virginia Beach, VA 23451
757-367-5932
757-478-3020

©2021 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc, (REIN) and has authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

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REIN update its listing on a daily basis. data last updated: October 25, 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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