Virginia Beach Market Report
$553,863
AVERAGE PRICE OF 1,504 HOMES$255,704
AVERAGE PRICE OF 23 DISTRESSED HOMES$2,018,269
AVERAGE PRICE OF 148 MULTI-MILLION DOLLAR HOMES$847,930
AVERAGE PRICE OF 144 NEWLY BUILT HOMES$1,201,491
AVERAGE PRICE OF 122 HOMES WITH A POOL$441,747
AVERAGE PRICE OF 48 REDUCED PRICE HOMESAverage Home
| Average Price | $553,863 |
| Avg Bedrooms | 3.19 beds |
| Avg Bathrooms | 2.13 baths |
Average Price by Bedrooms
| 1 bedroom | $235,735 |
| 2 bedrooms | $278,107 |
| 3 bedrooms | $398,181 |
| 4 bedrooms | $567,060 |
| 5 bedrooms | $1,106,147 |
Virginia Beach Home Price Trends
| 7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
|---|---|---|---|---|---|
| Total Listings | 1,585 | n/a | n/a | n/a | 1,228 |
| Average Price | $549,064 | n/a | n/a | n/a | $537,684 |
| Avg Price Change | n/a | n/a | n/a | n/a | +1.29% |
| Median Price | $364,500 | n/a | n/a | n/a | $369,656 |
| Med Price Change | n/a | n/a | n/a | n/a | +3.97% |
| Avg Bedrooms | 3.21 beds | n/a | n/a | n/a | 3.12 beds |
| Avg Bathrooms | 2.14 baths | n/a | n/a | n/a | 2.11 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bayside | 172 | $330,655 | 42 days |
| First Colonial | 158 | $658,149 | 64 days |
| Frank W. Cox | 236 | $1,027,089 | 88 days |
| Green Run | 159 | $281,206 | 43 days |
| Kellam | 179 | $742,634 | 110 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,504 | $553,863 | 64 days |
| Distressed Homes | 23 | $255,704 | 48 days |
| Multi-Million Dollar Homes | 148 | $2,018,269 | 153 days |
| Newly Built Homes | 144 | $847,930 | 148 days |
| Homes with a Pool | 122 | $1,201,491 | 43 days |
| Reduced Price Homes | 48 | $441,747 | 30 days |
