Virginia Beach, VA Housing Market

Warm Market

Metro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Virginia Beach, VA metro area.

Data period: May 2026

Market snapshot

Median sale price
$383K
Median days on market
28 days
Months of supply
2.2
Active inventory
5,192
Homes sold
2,410
Sale-to-list ratio
99.8%
Listings with price drop
23.9%
Data month
May 2026

Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.

Rental Investor Snapshot

Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.

Market temperature
Competitive
Buyer leverage
Medium
Pricing signal vs. U.S. median
Easier buy-in vs. U.S. median (price only)
Investor fit (heuristic)
Buy-in vs. U.S. · Appreciation · Negotiation

Watch-outs

  • Elevated price cuts can signal negotiation room — verify condition, rents, and comps street-by-street.

Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.

Warm Market

The market is active with moderate buyer demand.

Virginia Beach, VA market summary

The Virginia Beach, VA metro area housing market is heating up. As of May 2026, the median home sale price is $383K, up 3.2% year-over-year. Homes are spending a median of 28 days on the market, 7.7% longer than a year ago.

There are 5,192 homes for sale — 8.6% fewer than last year. With 2.2 months of supply, this is a seller's market. 3,064 new listings were added during this period, down 6.9% year-over-year.

Homes are selling for 99.8% of their list price on average, suggesting room for negotiation. 37.8% of homes sell above their asking price. 23.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

53

Contributing Factors

Months of Supply 2.2
Days on Market 28
Price Drops 23.9%
Sale-to-List Ratio 99.8%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $450K) 14.8%
Days on Market (National: 42) 33.3%
Inventory (National: 1,460,440) 99.6%

vs. Virginia Median

Median Price (Virginia: $499K) 23.2%
Days on Market (Virginia: 28) 0.0%

Investor takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Virginia Beach, VA market trends

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Detailed market metrics

Median list price

$400K

Price per sq ft

$216

Sale-to-list ratio

99.8%

Months of supply

2.2

Sold above list

37.8%

Price drops

23.9%

New listings

3,064

6.9% YoY

Pending sales

2,945

Off market in 2 weeks

52.7%

Virginia Beach, VA housing market FAQs

What is the median home price in Virginia Beach, VA?

For the latest published month, the median sale price in Virginia Beach, VA is $383K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.

Is Virginia Beach, VA a buyer's or seller's market?

With about 2.2 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.

How long do homes stay on the market in Virginia Beach, VA?

For the latest published month, the median days on market in Virginia Beach, VA is 28 days — half of homes went pending faster and half slower.

Is Virginia Beach, VA good for rental property investors?

Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Virginia Beach, VA can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.

How should investors analyze a rental property in Virginia Beach, VA?

Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Virginia Beach, VA deals.

National context

Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.

Underwrite a Virginia Beach, VA deal with real numbers

Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.