Virginia Beach - VA housing market
The Virginia Beach metro has a typical home value of $376,711, up 2.6% from a year ago. Homes sell in 23 days on average, a balanced market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($376,711) 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 2.6% over the past year. In Virginia Beach - VA, that means a home worth $367,165 last year is now worth roughly $376,711.
The median sale price , what homes actually close for , is $349,131. Homes are selling at 99.9% of list price, meaning buyers have room to negotiate.
Homes listed in Virginia Beach - VA sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 2,813 new listings hit the market each month in Virginia Beach - VA. There are currently 7,288 homes for sale, up 4.5% from a year ago.
The typical monthly rent in Virginia Beach - VA is $1,878, up 5.5% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.
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.
Other metros in VA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Washington - DC | $584,684 | -0.3% | 10.0d |
| Richmond - VA | $399,562 | +2.4% | 7.0d |
| Roanoke - VA | $305,065 | +3.9% | 15.0d |
| Lynchburg - VA | $293,781 | +3.0% | 16.0d |