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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

$581,854

AVERAGE PRICE OF 1,001 HOMES

$260,081

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,873,768

AVERAGE PRICE OF 117 MULTI-MILLION DOLLAR HOMES

$819,311

AVERAGE PRICE OF 133 NEWLY BUILT HOMES

$953,360

AVERAGE PRICE OF 69 HOMES WITH A POOL

$570,642

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

Average Home

Average Price $581,854
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $235,212
2 bedrooms $305,331
3 bedrooms $430,516
4 bedrooms $588,106
5 bedrooms $960,225
Virginia Beach Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 1,007 1,118 1,228 1,250 1,408
Average Price $584,935 $574,632 $571,193 $579,675 $573,080
Avg Price Change +1.79% +0.60% -1.48% +1.15% +4.00%
Median Price $376,796 $375,598 $376,422 $381,650 $377,886
Med Price Change +0.32% -0.22% -1.39% +1.00% +3.24%
Avg Bedrooms 3.17 beds 3.2 beds 3.2 beds 3.21 beds 3.21 beds
Avg Bathrooms 2.1 baths 2.11 baths 2.12 baths 2.13 baths 2.14 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 111 $355,508 56 days
First Colonial 92 $725,599 97 days
Frank W. Cox 163 $995,111 84 days
Kellam 142 $724,336 127 days
Salem 90 $348,500 81 days
Total Homes Average Price Avg Days on Site
All Homes 1,001 $581,854 82 days
Distressed Homes 21 $260,081 78 days
Multi-Million Dollar Homes 117 $1,873,768 158 days
Newly Built Homes 133 $819,311 145 days
Homes with a Pool 69 $953,360 47 days
Reduced Price Homes 19 $570,642 37 days