Virginia Beach City County, VA Real Estate & Property Data

Virginia Beach City County Real Estate Market Trends
Last Updated: March 28, 2024

With up-to-date real estate data get detailed insight into Virginia Beach City County, VA sourced from the nation’s leading property data provider. The current median home price in Virginia Beach City County, VA is $389,950. Virginia Beach City County real estate data shows that there have been a total of 7,035 residential properties sold over the past 12 months. ATTOM’s Virginia Beach City County real estate data indicates that the county has 31 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Virginia Beach City County Real Estate Market Trends
Total Residential Properties 147,632
Total Commercial Properties 5,217
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 2,124
Total 2024 Residential Sales (year-to-date) 467
% of Homes Seriously Underwater (Q1 2024) 0.52%
Total 2023 Residential Sales 6,568
% of Equity Rich Homes (Q1 2024) 39.25%
Effective 2023 Property Tax 0.86%
Total Foreclosure Filings (year-to-date) 31
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Virginia Beach City County, VA Real Estate Overview

There were 7,035 residential properties sold in the past year in Virginia Beach City County, VA. The median home value in Virginia Beach City County, VA is $365,893. There are a total of 147,632 residential properties in the Virginia Beach City.

Median Sales Price i
$389,950
(Jan 2024)
+4%
year-over-year
y-o-y
  • January '24 Jan '24 $389,950
  • December '23 Dec '23 $415,000
  • November '23 Nov '23 $415,000
  • 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 $401,500
  • April '23 Apr '23 $413,050
  • March '23 Mar '23 $378,888
  • February '23 Feb '23 $385,000
Median Down Payment i
$76,075
(Jan 2024)
+63.3%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 $46,500
Number of Homes Sold i
467
(Jan 2024)
+6.4%
year-over-year
y-o-y
  • January '24 Jan '24 467
  • December '23 Dec '23 291
  • November '23 Nov '23 431
  • October '23 Oct '23 582
  • September '23 Sep '23 537
  • August '23 Aug '23 590
  • July '23 Jul '23 574
  • June '23 Jun '23 745
  • May '23 May '23 708
  • April '23 Apr '23 579
  • March '23 Mar '23 627
  • February '23 Feb '23 465
Number of Purchase Loans i
332
(Jan 2024)
-4.3%
year-over-year
y-o-y
  • January '24 Jan '24 332
  • December '23 Dec '23 242
  • November '23 Nov '23 329
  • October '23 Oct '23 440
  • September '23 Sep '23 409
  • August '23 Aug '23 466
  • July '23 Jul '23 450
  • June '23 Jun '23 587
  • May '23 May '23 547
  • April '23 Apr '23 433
  • March '23 Mar '23 472
  • February '23 Feb '23 350
Number of REFI Loans i
300
(Jan 2024)
+79.6%
year-over-year
y-o-y
  • January '24 Jan '24 300
  • December '23 Dec '23 166
  • November '23 Nov '23 230
  • October '23 Oct '23 287
  • September '23 Sep '23 217
  • August '23 Aug '23 339
  • July '23 Jul '23 180
  • June '23 Jun '23 246
  • May '23 May '23 250
  • April '23 Apr '23 240
  • March '23 Mar '23 228
  • February '23 Feb '23 169
Number of HELOC Loans i
147
(Jan 2024)
-20.5%
year-over-year
y-o-y
  • January '24 Jan '24 147
  • December '23 Dec '23 103
  • November '23 Nov '23 156
  • October '23 Oct '23 197
  • 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
  • February '23 Feb '23 163

Virginia Beach City County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value

Virginia Beach City County, VA Foreclosure Activity

There were a total of 31 Virginia Beach City County, VA properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 31 Virginia Beach City County, VA properties and repossessed 1 Virginia Beach City County, VA properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
31
(Jan 2024)
+14.8%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 18
Foreclosure Starts i
31
(Jan 2024)
+14.8%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 18
Completed Foreclosures (REOs) i
1
(Jan 2024)
-75%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 2
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