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 2,098 residential properties sold. As of July 2026, the median price for a single-family home is $386,000, with a median AVM value of $431,000 for properties sold in the last year.
There are 1,177 involuntary liens on 977 properties, 121 in pre-foreclosure, and 94,443 properties with more than 50% equity in Virginia Beach city. The market also includes 36,799 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
144,229
Total Home Sales
2,082 12 mo. trend
Median Home Price
$386,00012 mo. trend
Average Loan-to-Value
35.02%
Current Pre-foreclosures
121
% of Properties in Distress
0.08%
Total Involuntary Liens
1,177
% of High Equity Homes
65.48%
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 ($431,000), 23451 ($776,000), and 23457 ($664,000), 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.