Housing Prices in Virginia Beach, VA
How much do homes in Virginia Beach, VA cost?
Median List Price
$405,000
$231/sqft
Based on all homes listed in March 2024.
Difference Since Last Month
Summary: The median home list price in Virginia Beach was $405,000 in March 2024, up 1.4% from the previous month, and the median price per square foot was $231.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $270K | 0.0% |
2 Bedrooms | $265K | $260K | -1.9% |
3 Bedrooms | $354.7K | $360K | +1.5% |
4 Bedrooms | $475.3K | $499.6K | +5.1% |
5+ Bedrooms | $904.9K | $899.9K | -0.6% |
Summary: Virginia Beach housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 0.6%.
Median List Price Compared To Nearby Cities
Chesapeake | $414.4K | $424.3K | +2.4% |
Norfolk | $319.9K | $324.8K | +1.6% |
Virginia Beach | $399.4K | $405K | +1.4% |
Knotts Island | $355.4K | $355.4K | 0.0% |
Housing Supply in Virginia Beach, VA
How many homes are available in Virginia Beach, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,634 | 1,752 | +7.2% |
Summary: The Virginia Beach real estate market had 1,752 homes for sale in March 2024, a 7.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 13 | +18.2% |
2 Bedrooms | 236 | 265 | +12.3% |
3 Bedrooms | 618 | 667 | +7.9% |
4 Bedrooms | 543 | 567 | +4.4% |
5+ Bedrooms | 226 | 240 | +6.2% |
Summary: The Virginia Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 6.2%.
Days on Market for Virginia Beach, VA
How long does it take to sell a home in Virginia Beach, VA?
Average Listing Age
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 Days | 78 Days | +2.3% |
Summary: Homes in Virginia Beach had an average listing age of 78 days in Mar 2024, up by 2.3% compared to the previous month.