• Andy Hubba
    757-515-3028

    Virginia Beach Market Report

    $448,056

    AVERAGE PRICE OF 3,144 HOMES

    $581,125

    AVERAGE PRICE OF 712 REDUCED PRICE HOMES

    $194,915

    AVERAGE PRICE OF 284 DISTRESSED HOMES

    $1,903,541

    AVERAGE PRICE OF 147 MULTI-MILLION DOLLAR HOMES

    $544,903

    AVERAGE PRICE OF 372 NEWLY BUILT HOMES

    $470,421

    AVERAGE PRICE OF 939 HOMES WITH A POOL

    Average Home

    Average Price $448,056
    Avg Bedrooms 2.5 beds
    Avg Bathrooms 2.43 baths

    Average Price by Bedrooms

    1 bedroom $174,190
    2 bedrooms $197,557
    3 bedrooms $287,507
    4 bedrooms $615,912
    5 bedrooms $718,266
    Virginia Beach Home Price Trends
      2/2017 1/2017 12/2016 11/2016 10/2016
    Total Listings 2,801 2,637 2,202 2,273 2,389
    Average Price $445,790 $444,498 $481,871 $498,114 $533,541
    Avg Price Change +0.29% -8.41% -3.37% -7.11% +2.32%
    Median Price $384,906 $379,206 $406,982 $450,144 $533,177
    Med Price Change +1.50% -7.32% -10.61% -18.45% +12.41%
    Avg Bedrooms 2.5 beds 2.53 beds 3.44 beds 3.5 beds 3.5 beds
    Avg Bathrooms 2.42 baths 2.42 baths 2.64 baths 2.7 baths 2.79 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bayside 342 $251,446 n/a
    First Colonial 338 $617,062 n/a
    Frank W. Cox 548 $647,052 n/a
    Green Run 285 $189,690 n/a
    Kellam 443 $551,637 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 3,144 $448,056 298 days
    Reduced Price Homes 712 $581,125 504 days
    Distressed Homes 284 $194,915 n/a
    Multi-Million Dollar Homes 147 $1,903,541 n/a
    Newly Built Homes 372 $544,903 n/a
    Homes with a Pool 939 $470,421 n/a