Housing in Virginia Beach, VA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$399,990

Median List Price

$399,900

Price Per Sq Ft

$235

Days on Market

39

Active Inventory

630

Months of Supply

1.5

Seller's market

Zillow Home Value

$414,961

ZHVI — January 2026

Zillow Rent Index

$1,975

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 6.8%List Price ↑ 8.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

26.0%

Off Market in 2 Weeks

47.5%

Sale-to-List Ratio

98.9%

Buyer's market

Sold Above Asking
26.0%
Under Contract in 2 Wks
47.5%
Listings with Price Drops
18.4%

Market Activity

Source: Redfin

Homes Sold

411

New Listings

460

Pending Sales

514

Homes Sold ↓ 11.0%New Listings ↓ 8.9%Pending ↓ 12.9%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$235

Median List $/SF

$240

Sale $/SF ↑ 6.3%List $/SF ↑ 9.1%Mar 24 → Jan 26

Virginia Beach vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 250,000 - 500,000 residents. Virginia Beach is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$366,300

Median Rent

$1,649

Total Housing Units

190,734

Vacancy Rate

5.7%

Owner Occupied

64.9%

Renter Occupied

35.1%

Median Property Tax

$2,929

per year

Monthly Cost (w/ Mortgage)

$1,785

Housing Types

Single Family
73.1%
Multi-Family
25.8%
Mobile Home
1.1%

The current median sale price in Virginia Beach, VA is $399,990 according to Redfin data. Homes spend a median of 39 days on the market. 26.0% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $235. Zillow's observed rent index is $1,975/month. About 64.9% of housing units are owner-occupied. The median year homes were built is 1984. There are 190,734 total housing units.