• Andy Hubba
    757-515-3028

    Virginia Beach Market Report

    $606,550

    AVERAGE PRICE OF 3,457 HOMES

    $590,387

    AVERAGE PRICE OF 939 REDUCED PRICE HOMES

    $191,183

    AVERAGE PRICE OF 264 DISTRESSED HOMES

    $1,860,124

    AVERAGE PRICE OF 166 MULTI-MILLION DOLLAR HOMES

    $551,530

    AVERAGE PRICE OF 400 NEWLY BUILT HOMES

    $490,196

    AVERAGE PRICE OF 1,007 HOMES WITH A POOL

    Average Home

    Average Price $606,550
    Avg Bedrooms 3.5 beds
    Avg Bathrooms 3.2 baths

    Average Price by Bedrooms

    1 bedroom $236,491
    2 bedrooms $203,669
    3 bedrooms $295,327
    4 bedrooms $618,866
    5 bedrooms $710,870
    Virginia Beach Home Price Trends
      4/2017 3/2017 2/2017 1/2017 12/2016
    Total Listings 3,276 3,043 2,801 2,637 2,202
    Average Price $414,389 $451,577 $445,790 $444,498 $481,871
    Avg Price Change -8.97% +1.30% +0.29% -8.41% -3.37%
    Median Price $291,637 $391,567 $384,906 $379,206 $406,982
    Med Price Change -34.27% +1.73% +1.50% -7.32% -10.61%
    Avg Bedrooms 3 beds 2.53 beds 2.5 beds 2.53 beds 3.44 beds
    Avg Bathrooms 2.37 baths 2.45 baths 2.42 baths 2.42 baths 2.64 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Bayside 348 $257,099 n/a
    First Colonial 363 $595,979 n/a
    Frank W. Cox 629 $683,726 n/a
    Green Run 304 $195,207 n/a
    Kellam 493 $556,494 n/a
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 3,457 $606,550 528 days
    Reduced Price Homes 939 $590,387 528 days
    Distressed Homes 264 $191,183 n/a
    Multi-Million Dollar Homes 166 $1,860,124 n/a
    Newly Built Homes 400 $551,530 n/a
    Homes with a Pool 1,007 $490,196 n/a