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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 HOMES

Average 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
Broadsight Realty & Property Management
Bo Schrott Broker/Owner
313 Laskin Rd Suite, 102
Virginia Beach, VA 23451
757-367-5932
757-478-3020

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REIN update its listing on a daily basis. data last updated: July 29, 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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