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Virginia Beach

Why you'd want to live in Virginia Beach

Where the Chesapeake Bay meets the Atlantic Ocean, the vibrant coastal city of Virginia Beach is home to a flourishing local culinary scene, rich history, a variety of arts and entertainment and family-friendly attractions that keeps our locals and visitors entertained year-round. Located in the Coastal Virginia region, our unique districts are open and thriving year-round with residents ready to show you how we happily live the life. From the lively oceanfront area to remote Sandbridge, the calming Chesapeake Bay to bustling Town Center, or the eclectic ViBe creative district to our surrounding inland areas, your well-earned Virginia Beach vacation awaits you. via visitvirginiabeach.com

Virginia Beach Market Report

$697,235

AVERAGE PRICE OF 1,544 HOMES

$336,119

AVERAGE PRICE OF 26 DISTRESSED HOMES

$2,030,994

AVERAGE PRICE OF 235 MULTI-MILLION DOLLAR HOMES

$933,415

AVERAGE PRICE OF 139 NEWLY BUILT HOMES

$1,353,327

AVERAGE PRICE OF 152 HOMES WITH A POOL

$658,942

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $697,235
Avg Bedrooms 3.27 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $339,514
2 bedrooms $306,191
3 bedrooms $490,653
4 bedrooms $731,999
5 bedrooms $1,197,414
Virginia Beach Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,599 1,575 1,499 1,311 1,230
Average Price $682,468 $675,103 $670,555 $688,137 $674,244
Avg Price Change +1.09% +0.68% -2.62% +2.06% -0.94%
Median Price $432,245 $430,405 $426,151 $420,929 $417,978
Med Price Change +0.43% +1.00% +1.24% +0.71% -0.89%
Avg Bedrooms 3.27 beds 3.2 beds 3.16 beds 3.14 beds 3.15 beds
Avg Bathrooms 2.23 baths 2.2 baths 2.17 baths 2.17 baths 2.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Frank W. Cox 256 $1,174,086 69 days
Total Homes Average Price Avg Days on Site
All Homes 1,544 $697,235 65 days
Distressed Homes 26 $336,119 59 days
Multi-Million Dollar Homes 235 $2,030,994 107 days
Newly Built Homes 139 $933,415 102 days
Homes with a Pool 152 $1,353,327 55 days
Reduced Price Homes 57 $658,942 47 days
Keller Williams Coastal Virginia Chesapeake | FJ REALTY
Frankie Johnson
1100 Volvo Parkway, Suite 200
Chesapeake, VA 23320
757-932-0406

Fair Housing/Equal Opportunity
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2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed. The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. © 2025 REIN. REIN's listings data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: July 9, 2025. This application does not include information on all of the properties available for sale at this time.
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