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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 HOMES

Average 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
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: May 12, 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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