Local home value data · Virginia Beach, VA
What's my home worth in Virginia Beach, VA?
Virginia Beach combines oceanfront living with a large military and Hampton Roads employment base, and the market reflects steady demand: prices are up solidly from a year ago and homes sell fast.
Is Virginia Beach a buyer's or seller's market?
Leaning seller's. Redfin rates Virginia Beach 80/100 (very competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Virginia Beach
A median sale price of $431,000, up 7.7% year-over-year, shows solid price growth. Homes sell in a median of 25 days, the same as a year ago, and average about two offers. With a Compete Score of 80 out of 100, well-priced listings draw strong interest, though buyers still see price reductions on a meaningful share of homes.
How Virginia Beach compares
Virginia Beach's median sale price sits 6% above the U.S. median.
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Is Virginia Beach a buyer's or seller's market right now?
It leans toward sellers. Redfin rates Virginia Beach 80 out of 100 for competitiveness, homes sell in a median of 25 days, and the median sale price is up 7.7% from a year ago. Redfin also reports that roughly 26% of homes had price reductions, so overpriced listings still sit.
How are Virginia Beach home prices changing?
The median sale price over the three months ending August 2026 was about $431,000, up 7.7% from the same period last year.
How accurate is the Virginia Beach median for my neighborhood?
The $431,000 citywide median covers oceanfront areas, inland neighborhoods and all home types, so your own home's value may differ a lot. For an estimate based on your own home and nearby recent sales, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.