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 HOMESAverage 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 |
