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Virginia Beach Metro Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Virginia Beach Metro. Half the Zestimates are above this number and half are below it.

  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Virginia Beach Metro, or the asking price.

  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Virginia Beach Metro. Half the homes sold above this number and half sold below.

  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Virginia Beach Metro. Half the homes have rent prices above this number and half are below.

  • Total homes sold

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    Total homes sold
    Total number of homes sold in Virginia Beach Metro during the prior 30 days.

  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Virginia Beach Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).

  • Median list price per sq. ft. ($)

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    Median list price per sq. ft. ($)
    Mid-point of Virginia Beach Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).

  • Median sale price per sq. ft. ($)

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    Median sale price per sq. ft. ($)
    Mid-point of Virginia Beach Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).

  • Median rent list price per sq. ft. ($)

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    Median rent list price per sq. ft. ($)
    Mid-point of Virginia Beach Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).

  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Virginia Beach Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).

  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Virginia Beach Metro whose price has been reduced in the last 30 days.

  • Median price cut (%)

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    Median price cut (%)
    The mid-point of the percentage of price reduction for homes in Virginia Beach Metro whose prices have been reduced in the past full month.

  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Virginia Beach Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.

  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).

  • Homes foreclosed

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    Homes foreclosed
    The number of homes in the Virginia Beach Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.

  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Virginia Beach Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).

  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Virginia Beach Metro whose values have increased in the past year.

  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Virginia Beach Metro whose value has fallen in the last year.

  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Virginia Beach Metro that were sold in the past 12 months.
  • $196,800
  • -5.0%Y-o-Y
  • Calculated 01/06/2012*
  • *Includes data and transactions through 11/30/2011
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This data is not available for Virginia Beach Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Nov 2011
395194
Virginia Beach Metro
0.1%
-0.4%
-5.0%
196800
30314
Aydlett
23595
Barco
23968
Carrollton
9999
Carrsville
44564
Chesapeake
0.0%
-0.8%
-3.4%
224500
48824
Claremont
24149
Coinjock
34991
Corolla
24293
Currituck
31210
Deltaville
28220
Dendron
35627
Diggs
38262
Dutton
15202
Elberon
56889
Gloucester
24890
Gloucester Point
31825
Grandy
5052
Hampton
-0.7%
-2.2%
-8.4%
149100
11801
Harbinger
45697
Hayes
52678
Jarvisburg
5450
Knotts Island
5792
Maple
22341
Mathews
12823
Moon
26035
Moyock
26140
Newport News
-0.2%
-1.4%
-10.0%
162700
6210
Norfolk
1.1%
1.7%
-4.0%
155700
50428
North
36676
Onemo
13346
Point Harbor
13361
Poplar Branch
50297
Poquoson
6573
Port Haywood
53978
Portsmouth
-0.1%
0.2%
-9.4%
134100
22545
Powells Point
29085
Rescue
54351
Seaford
-0.3%
-2.0%
-4.5%
255800
20451
Shawboro
34019
Smithfield
47798
Spring Grove
41109
Suffolk
54636
Surry
47917
Susan
7435
Toano
41515
Virginia Beach
0.2%
-0.2%
-3.4%
225400
41715
Williamsburg
14678
Windsor
55287
Yorktown
-0.2%
-1.5%
-5.0%
279200
41830
Zuni

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Compare Metros Near Virginia Beach Metro
Zillow Home Value IndexY-o-Y
Virginia Beach Metro$196,800-5.0%
Richmond Metro$170,100-5.9%
Salisbury Metro$119,700-11.7%
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