Virginia Beach Real Estate Market

Virginia Beach Market

The median sale price for homes in Virginia Beach over the last 12 months is $220,000.


The median mortgage debt is $119,894.

Additional Statistics for Single Family Homes and Condos in Virginia Beach, VA
$265,860
Median Listing Price
65
Median Days on Market
2593
Active Listings
22.4%
Distressed Listings
(foreclosures and short sales)
Virginia Beach, VA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Virginia Beach is $329,250. The list prices dropped by -0.19% from the previous month.

The price per square foot for listings in this area is $171.

The median sale price in December for single family homes is $219,500. The sale prices dropped by -1.45% from the previous month.

The price per square foot for sales in this area is $113.

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Virginia Beach, VA Market Inventory Trends

The number of active listings in Virginia Beach dropped by 0.9% from the previous month.

The median number of days active properties have been listed is 64. This is significantly shorter than the national average.

The number of sales in December dropped by 63.3% from the previous month.

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Virginia Beach, VA Property Ownership

The percent of rental properties in Virginia Beach is 10.66% above the national average which is typical for urban areas.

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Featured Properties

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