Virginia Beach, VA Real Estate & Property Data

Virginia Beach Real Estate Market Trends
Last Updated: April 23, 2024

Accurate and comprehensive real estate data is critical for insight into Virginia Beach, VA. ATTOM’s Virginia Beach real estate data is updated daily, and current market trends show that in Virginia Beach, VA a total of 7,042 residential properties have sold over the past year. With a median home price of $385,000 in Virginia Beach and a total of 20 foreclosures. Get detailed property data for Virginia Beach, VA instantly. ATTOM is your one-stop-shop for the Virginia Beach property reports and real estate data you need in Virginia Beach, VA.

Virginia Beach Real Estate Market Trends
Total Residential Properties 147,534
Total Commercial Properties 5,211
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 2,124
Total 2024 Residential Sales (year-to-date) 917
% of Homes Seriously Underwater (Q2 2024) 0.57%
Total 2023 Residential Sales 6,564
% of Equity Rich Homes (Q2 2024) 38.34%
Effective 2023 Property Tax 0.88%
Total Foreclosure Filings (year-to-date) 51
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Virginia Beach, VA Real Estate Overview

There were 7,042 residential properties sold in the past year in Virginia Beach, VA. The median home value in Virginia Beach, VA is $356,670. There are a total of 147,534 residential properties in the Virginia Beach.

Median Sales Price i
$385,000
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 $385,000
  • January '24 Jan '24 $389,900
  • December '23 Dec '23 $415,000
  • November '23 Nov '23 $417,500
  • October '23 Oct '23 $397,900
  • September '23 Sep '23 $390,500
  • August '23 Aug '23 $408,000
  • July '23 Jul '23 $420,000
  • June '23 Jun '23 $418,002
  • May '23 May '23 $402,000
  • April '23 Apr '23 $413,050
  • March '23 Mar '23 $378,888
Median Down Payment i
$56,819
(Feb 2024)
+22.2%
year-over-year
y-o-y
  • February '24 Feb '24 $56,819
  • January '24 Jan '24 $76,075
  • December '23 Dec '23 $48,375
  • November '23 Nov '23 $78,090
  • October '23 Oct '23 $65,100
  • September '23 Sep '23 $67,892
  • August '23 Aug '23 $75,350
  • July '23 Jul '23 $63,600
  • June '23 Jun '23 $67,050
  • May '23 May '23 $62,250
  • April '23 Apr '23 $60,000
  • March '23 Mar '23 $59,990
Number of Homes Sold i
450
(Feb 2024)
-3.2%
year-over-year
y-o-y
  • February '24 Feb '24 450
  • January '24 Jan '24 467
  • December '23 Dec '23 290
  • November '23 Nov '23 432
  • October '23 Oct '23 581
  • September '23 Sep '23 537
  • August '23 Aug '23 589
  • July '23 Jul '23 574
  • June '23 Jun '23 744
  • May '23 May '23 707
  • April '23 Apr '23 579
  • March '23 Mar '23 627
Number of Purchase Loans i
383
(Feb 2024)
+9.4%
year-over-year
y-o-y
  • February '24 Feb '24 383
  • January '24 Jan '24 332
  • December '23 Dec '23 241
  • November '23 Nov '23 329
  • October '23 Oct '23 439
  • September '23 Sep '23 409
  • August '23 Aug '23 465
  • July '23 Jul '23 450
  • June '23 Jun '23 586
  • May '23 May '23 546
  • April '23 Apr '23 433
  • March '23 Mar '23 471
Number of REFI Loans i
290
(Feb 2024)
+71.6%
year-over-year
y-o-y
  • February '24 Feb '24 290
  • January '24 Jan '24 300
  • December '23 Dec '23 166
  • November '23 Nov '23 230
  • October '23 Oct '23 286
  • September '23 Sep '23 216
  • August '23 Aug '23 338
  • July '23 Jul '23 180
  • June '23 Jun '23 245
  • May '23 May '23 250
  • April '23 Apr '23 240
  • March '23 Mar '23 227
Number of HELOC Loans i
149
(Feb 2024)
-8.6%
year-over-year
y-o-y
  • February '24 Feb '24 149
  • January '24 Jan '24 145
  • December '23 Dec '23 103
  • November '23 Nov '23 156
  • October '23 Oct '23 196
  • September '23 Sep '23 161
  • August '23 Aug '23 179
  • July '23 Jul '23 153
  • June '23 Jun '23 190
  • May '23 May '23 217
  • April '23 Apr '23 206
  • March '23 Mar '23 217

Virginia Beach, VA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Virginia Beach, VA Foreclosure Activity

There were a total of 20 Virginia Beach, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 20 Virginia Beach, VA properties and repossessed 1 Virginia Beach, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
20
(Feb 2024)
+11.1%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 31
  • December '23 Dec '23 26
  • November '23 Nov '23 28
  • October '23 Oct '23 27
  • September '23 Sep '23 31
  • August '23 Aug '23 32
  • July '23 Jul '23 24
  • June '23 Jun '23 25
  • May '23 May '23 49
  • April '23 Apr '23 13
  • March '23 Mar '23 25
Foreclosure Starts i
20
(Feb 2024)
+11.1%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 31
  • December '23 Dec '23 26
  • November '23 Nov '23 28
  • October '23 Oct '23 27
  • September '23 Sep '23 31
  • August '23 Aug '23 32
  • July '23 Jul '23 24
  • June '23 Jun '23 25
  • May '23 May '23 49
  • April '23 Apr '23 13
  • March '23 Mar '23 25
Completed Foreclosures (REOs) i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 1
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