RealTrends Market Report

Virginia Beach, VA

Single-Family Homes

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Virginia Beach, VA

Mon Sep 15 2025
This week the median list price for Virginia Beach, VA is $629,950 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has held steady at or around 398. Click here to stay informed with the Virginia Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Virginia Beach, VA

Mon Sep 15 2025
This week the median list price for Virginia Beach, VA is $629,950 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has held steady at or around 398. Click here to stay informed with the Virginia Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Virginia Beach market.
Median List Price $629,950
Median Price of New Listings $560,000
Per Square Foot $277
Average Days on Market 73
Median Days on Market 42
Price Decreased 35%
Price Increased 1%
Relisted 16%
Inventory 398
Median Rent
Market Action 49
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,662,500 3,991 0.25 - 0.5 acre 5 4 30 6 1 73
$800,000 2,887 0.25 - 0.5 acre 4 3 31 12 16 63
$517,450 2,211 0 - 4,500 sqft 4 2.5 40 12 21 24
$368,900 1,450 - 3 2 59 15 27 28