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Virginia Beach

Why you'd want to live in Virginia Beach

Virginia Beach is a beautiful beach city that has so much to offer, from fishing and surfing, to shopping and dinning, and of course easy access to prime vacation spots! Virginia beach is also home to the best outdoor concert venue Farm Bureau Live! via Seven City Homes

Virginia Beach Market Report

$495,124

AVERAGE PRICE OF 1,563 HOMES

$300,452

AVERAGE PRICE OF 19 DISTRESSED HOMES

$2,062,436

AVERAGE PRICE OF 113 MULTI-MILLION DOLLAR HOMES

$833,890

AVERAGE PRICE OF 124 NEWLY BUILT HOMES

$1,064,127

AVERAGE PRICE OF 121 HOMES WITH A POOL

$382,634

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $495,124
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.07 baths

Average Price by Bedrooms

1 bedroom $236,128
2 bedrooms $242,450
3 bedrooms $360,031
4 bedrooms $505,372
5 bedrooms $1,019,072
Virginia Beach Home Price Trends
  10/2021 9/2021 8/2021 7/2021 6/2021
Total Listings 1,771 1,887 1,999 1,973 1,998
Average Price $492,169 $481,442 $477,788 $486,599 $490,555
Avg Price Change +2.23% +0.76% -1.84% -0.81% +1.53%
Median Price $343,606 $333,955 $330,646 $335,896 $346,058
Med Price Change +2.89% +1.00% -1.59% -3.03% +2.46%
Avg Bedrooms 3.21 beds 3.2 beds 3.23 beds 3.26 beds 3.25 beds
Avg Bathrooms 2.12 baths 2.13 baths 2.15 baths 2.16 baths 2.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 178 $316,897 50 days
First Colonial 155 $732,258 118 days
Frank W. Cox 223 $879,938 95 days
Green Run 171 $262,017 44 days
Kellam 176 $649,005 87 days
Total Homes Average Price Avg Days on Site
All Homes 1,563 $495,124 71 days
Distressed Homes 19 $300,452 117 days
Multi-Million Dollar Homes 113 $2,062,436 191 days
Newly Built Homes 124 $833,890 119 days
Homes with a Pool 121 $1,064,127 79 days
Reduced Price Homes 23 $382,634 55 days