Featuring Property Focus AI™
Virginia Beach City Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Virginia Beach city saw 5,725 residential properties sold. As of June 2025, the median price for a single-family home is $368,000, with a median AVM value of $414,000 for properties sold in the last year.
There are 1,275 involuntary liens on 768 properties, 79 in pre-foreclosure, and 91,496 properties with more than 50% equity in Virginia Beach city. The market also includes 45,876 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
143,911
Total Home Sales
5,678 12 mo. trend
Median Home Price
$368,00012 mo. trend
Average Loan-to-Value
34.49%
Current Pre-foreclosures
79
% of Properties in Distress
0.05%
Total Involuntary Liens
1,275
% of High Equity Homes
63.58%
Markets Nearby Virginia Beach City
The cities and zip codes below highlight the highest-value real estate markets within Virginia Beach city, ranked by median home sale prices. Top areas include Virginia Beach ($414,000), 23451 ($741,000), and 23457 ($614,500), which have commanded the highest median prices in the local housing market over the past 12 months. These areas represent the most valuable residential properties in the county. Search nearby counties to discover their top markets.