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Virginia Beach Market Report

$487,787

AVERAGE PRICE OF 1,801 HOMES

$220,360

AVERAGE PRICE OF 20 DISTRESSED HOMES

$2,004,859

AVERAGE PRICE OF 124 MULTI-MILLION DOLLAR HOMES

$684,138

AVERAGE PRICE OF 151 NEWLY BUILT HOMES

$981,785

AVERAGE PRICE OF 163 HOMES WITH A POOL

$597,696

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $487,787
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.17 baths

Average Price by Bedrooms

1 bedroom $179,971
2 bedrooms $233,812
3 bedrooms $350,090
4 bedrooms $522,566
5 bedrooms $858,362
Virginia Beach Home Price Trends
  3/2021 2/2021 1/2021 12/2020 11/2020
Total Listings 1,677 n/a 1,578 1,774 2,030
Average Price $481,515 n/a $485,860 $481,641 $476,394
Avg Price Change n/a n/a +0.88% +1.10% +0.04%
Median Price $330,139 n/a $324,794 $321,452 $323,465
Med Price Change n/a n/a +1.04% -0.63% -1.88%
Avg Bedrooms 3.2 beds n/a 3.19 beds 3.21 beds 3.26 beds
Avg Bathrooms 2.16 baths n/a 2.16 baths 2.18 baths 2.22 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Bayside 218 $295,270 42 days
First Colonial 206 $759,020 95 days
Frank W. Cox 285 $806,463 87 days
Green Run 172 $241,400 33 days
Kellam 224 $583,568 112 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,801 $487,787 69 days
Distressed Homes 20 $220,360 170 days
Multi-Million Dollar Homes 124 $2,004,859 181 days
Newly Built Homes 151 $684,138 151 days
Homes with a Pool 163 $981,785 57 days
Reduced Price Homes 23 $597,696 38 days
Broadsight Realty & Property Management
Bo Schrott Broker/Owner
313 Laskin Rd Suite, 102
Virginia Beach, VA 23451
757-367-5932
757-478-3020

©2021 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: April 16, 2021

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.

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