Virginia Beach - VA housing market

The typical Virginia Beach home is worth $375,665 as of July 2026, up 0.2% from the prior month, up 0.5% over three months, and up 2.7% from a year ago. Over the past two years values have ranged from $359,900 to $375,665.

Homes are going pending in about 25 days, the same as the 25 days seen three months earlier. There are roughly 7,507 homes for sale, 4% more than a year ago. 22.7% of listings have taken a price cut (up from 17.9% three months ago).

Typical rent is $1,877 a month, up 5.9% year over year, which puts the price-to-rent ratio at 16.7.

At this week's 6.71% mortgage rate with 20% down ($75,133), the typical Virginia Beach home costs about $2,411 a month including tax and insurance, which needs a household income of roughly $103,300 to stay under a 28% payment-to-income ratio.

The typical home value ($375,665) is the Zillow Home Value Index for the Virginia Beach - VA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.7% over the past year. In Virginia Beach - VA, that means a home worth $365,789 last year is now worth roughly $375,665.

The median sale price, what homes actually close for, is $354,957. Homes are selling at 100.2% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Virginia Beach - VA sit on the market for roughly 25 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,723 new listings hit the market each month in Virginia Beach - VA. There are currently 7,507 homes for sale, up 3.9% from a year ago.

The typical monthly rent in Virginia Beach - VA is $1,877, up 5.9% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.7x, toss-up (#109 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.71% 30-year rate, runs about $1,941 a month in principal and interest, $64 more than renting before taxes, insurance and upkeep. The two break even at a 6.39% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →