Virginia Beach Market Report

$555,102

AVERAGE PRICE OF 1,507 HOMES

$2,013,225

AVERAGE PRICE OF 150 MULTI-MILLION DOLLAR HOMES

$858,780

AVERAGE PRICE OF 146 NEWLY BUILT HOMES

$1,193,754

AVERAGE PRICE OF 123 HOMES WITH A POOL

$255,704

AVERAGE PRICE OF 23 DISTRESSED HOMES

$441,747

AVERAGE PRICE OF 48 REDUCED PRICE HOMES

Average Home

Average Price $555,102
Avg Bedrooms 2.76 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $242,817
2 bedrooms $278,107
3 bedrooms $1,019,090
4 bedrooms $567,060
5 bedrooms $1,106,147
Virginia Beach Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 1,587 n/a n/a n/a 1,237
Average Price $550,438 n/a n/a n/a $540,649
Avg Price Change n/a n/a n/a n/a +1.16%
Median Price $366,107 n/a n/a n/a $373,369
Med Price Change n/a n/a n/a n/a +3.62%
Avg Bedrooms 3.1 beds n/a n/a n/a 3.08 beds
Avg Bathrooms 2.57 baths n/a n/a n/a 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 172 $330,655 42 days
First Colonial 158 $658,149 64 days
Frank W. Cox 239 $1,101,861 100 days
Green Run 159 $281,206 43 days
Kellam 179 $742,634 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,507 $555,102 88 days
Multi-Million Dollar Homes 150 $2,013,225 159 days
Newly Built Homes 146 $858,780 157 days
Homes with a Pool 123 $1,193,754 24 days
Distressed Homes 23 $255,704 48 days
Reduced Price Homes 48 $441,747 30 days
804.New.Home (804.639.4663)
1 Park West Circle #203
Midlothian, VA 23114

Listings Last Updated: August 11, 2022 Feed Last Updated: August 11, 2022

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2022 Virginia MLS Cooperative. All rights reserved.

©2022 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 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.

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REIN update its listing on a daily basis. data last updated: August 11, 2022

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.

Some or all of the listings (or listings data) represented in this application have been enhanced with data not provided by REIN. The enhancements are as follows: Property Description, Property Photos. The source of these enhancements are: Google, Zillow, Trulia, etc.

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