Virginia Beach - VA housing market
The Virginia Beach metro has a typical home value of $371,181, up 2.9% from a year ago. Homes sell in 30 days on average, a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.
Virginia Beach housing market, October 2026
The typical Virginia Beach home is worth $371,181 as of September 2026, up 0.3% from the prior month, up 0.9% over three months, and up 2.9% from a year ago. Over the past two years values have ranged from $355,742 to $371,181.
Homes are going pending in about 30 days, slower than the 23 days seen three months earlier. There are roughly 7,645 homes for sale, 6% more than a year ago. 26.2% of listings have taken a price cut (up from 20.6% three months ago).
Typical rent is $1,886 a month, up 7.3% year over year, which puts the price-to-rent ratio at 16.4.
At this week's 7.40% mortgage rate with 20% down ($74,236), the typical Virginia Beach home costs about $2,520 a month including tax and insurance, which needs a household income of roughly $108,000 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($371,181) 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 2.9% over the past year. In Virginia Beach - VA, that means a home worth $360,720 last year is now worth roughly $371,181.
The median sale price, what homes actually close for, is $358,555. Homes are selling at 99.8% of list price, meaning buyers have room to negotiate.
Homes listed in Virginia Beach - VA sit on the market for roughly 30 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 2,416 new listings hit the market each month in Virginia Beach - VA. There are currently 7,645 homes for sale, up 5.6% from a year ago.
The typical monthly rent in Virginia Beach - VA is $1,886, up 7.3% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.4x, toss-up (#116 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,056 a month in principal and interest, $170 more than renting before taxes, insurance and upkeep. The two break even at a 6.55% 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 October 2026. Methodology →
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Other metros in VA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Washington - DC | $569,857 | +0.2% | 19.0d |
| Richmond - VA | $392,106 | +2.6% | 13.0d |
| Roanoke - VA | $297,868 | +3.2% | 23.0d |
| Lynchburg - VA | $288,388 | +2.9% | 28.0d |