Better Homes & Gardens Real Estate

Virginia Beach, VA

Single-Family Homes

SeeVirginiaBeachVaHomes.com Admin@Yourfriendlyagent.net 757-654-5059



Virginia Beach, VA

Sat Jul 05 2025
This week the median list price for Virginia Beach, VA is $643,900 with the market action index hovering around 55. This is less than last month's market action index of 58. Inventory has held steady at or around 371. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

Sat Jul 05 2025
This week the median list price for Virginia Beach, VA is $643,900 with the market action index hovering around 55. This is less than last month's market action index of 58. Inventory has held steady at or around 371. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $643,900
Median Price of New Listings $460,000
Per Square Foot $280
Average Days on Market 67
Median Days on Market 28
Price Decreased 32%
Price Increased 1%
Relisted 12%
Inventory 371
Median Rent
Market Action 55
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
$1,725,000 3,992 0.25 - 0.5 acre 5 4 30 5 6 49
$825,000 2,869 0.25 - 0.5 acre 4 3 26 15 15 35
$509,900 2,206 - 4 2.5 44 23 25 21
$369,950 1,457 - 3 2 58 24 31 14