Virginia Beach - VA housing market

The typical Virginia Beach home is worth $373,040 as of August 2026, up 0.3% from the prior month, up 0.7% over three months, and up 2.9% from a year ago. Over the past two years values have ranged from $357,340 to $373,040.

Homes are going pending in about 28 days, slower than the 22 days seen three months earlier. There are roughly 7,638 homes for sale, 5% more than a year ago. 24.7% of listings have taken a price cut (up from 19.0% three months ago).

Typical rent is $1,891 a month, up 6.7% year over year, which puts the price-to-rent ratio at 16.4.

At this week's 7.40% mortgage rate with 20% down ($74,608), the typical Virginia Beach home costs about $2,533 a month including tax and insurance, which needs a household income of roughly $108,500 to stay under a 28% payment-to-income ratio.

The typical home value ($373,040) is the Zillow Home Value Index for the Virginia Beach - VA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.9% over the past year. In Virginia Beach - VA, that means a home worth $362,527 last year is now worth roughly $373,040.

The median sale price, what homes actually close for, is $358,187. Homes are selling at 100.0% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Virginia Beach - VA sit on the market for roughly 28 days before going pending. Shorter = seller's market; longer = buyer's market.

About 24.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,585 new listings hit the market each month in Virginia Beach - VA. There are currently 7,638 homes for sale, up 5.0% from a year ago.

The typical monthly rent in Virginia Beach - VA is $1,891, up 6.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.4x, toss-up (#113 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,066 a month in principal and interest, $175 more than renting before taxes, insurance and upkeep. The two break even at a 6.52% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →