Virginia Beach Real Estate Market

Virginia Beach Market

The median sale price for homes in Virginia Beach over the last 12 months is $216,300.


The median mortgage debt is $123,770.

Additional Statistics for Single Family Homes and Condos in Virginia Beach, VA
$274,420
Median Listing Price
59
Median Days on Market
2394
Active Listings
15.9%
Distressed Listings
(foreclosures and short sales)
Virginia Beach, VA Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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Virginia Beach, VA Market Inventory Trends

The number of active listings in Virginia Beach increased by 3.3% from the previous month.

The median number of days active properties have been listed is 59. This is significantly shorter than the national average.

The number of sales in January dropped by 90.8% from the previous month.

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Virginia Beach, VA Property Ownership

The percent of rental properties in Virginia Beach is 14.56% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.