Secondary metropolitan market · Virginia · June 2026 data

Virginia Beach Real Estate Market

As of June 2026, the median home listed in Virginia Beach, VA asks $439,100 — up 5.8% year over year. Homes sell in a median of 37 days, with 5,234 active listings and 19% carrying a price cut — a seller-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$439,100
▲ 5.8% YoY
Median $ / sq ft
$224
1,983 sq ft median
Median days on market
37
June 2026
Active listings
5,234
For sale now
New listings
3,018
June 2026
Listings with price cuts
19%
Share of active
Median sale price (closed)
$374,909
▲ 3.3% YoY · closed sales
Sale-to-list ratio
99.2%
Closed sales
Homes sold / month
2,137
Closed sales

Virginia Beach housing market statistics

The table summarizes Virginia Beach's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Virginia Beach, VA housing market at a glance — June 2026
MetricLatestDetail
Median listing price$439,100+5.8% YoY
Median price per sq ft$2241,983 sq ft median
Median days on market37-1% YoY
Active listings5,234+9% YoY
New listings this month3,018June 2026
Listings with a price cut19%Share of active
Median sale price (closed)$374,909+3.3% YoY
Sale-to-list ratio99.2%Closed sales
Gross rental yield4.7%2BR fair market rent

How have home prices changed in Virginia Beach?

Virginia Beach home prices are up 5.8% year over year and +0.7% month over month as of June 2026, at a $439,100 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$439K$427K$415K$402K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Virginia Beach VA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$439K$397K$354K$312K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Virginia Beach VA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Virginia Beach?

Virginia Beach has 5,234 active listings, 3,018 new this month, 702 pending as of June 2026. About 19% of active listings have cut their price, and inventory sits at 53% of its 2019 level — a seller-leaning market by pace.

Active listings
5,234
New this month
3,018
Pending
702
Price-reduced
970

Is Virginia Beach a good real estate investment?

Virginia Beach scores 67/100 on WealthyBud's composite Investor Score, ranking #144 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
67/100
#144 of 932 covered metros
12-month outlook
+2.9%
▲ Rising · model output, not advice
Price volatility
Low
σ 5.2% · 20-yr price-index swings
Momentum
51
Value
65
Rental yield
75
Supply risk
14
Market heat
58

Virginia Beach scores 67/100 on our composite Investor Score (#144 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 48% over five years and +80% over ten, leaving prices 26% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,708/mo for a two-bedroom, the gross rental yield on the median listing is about 4.7%; active inventory sits at 53% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 5.8% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Virginia Beach ranks on the trending markets index.

How much is a monthly mortgage payment in Virginia Beach?

A home at Virginia Beach's $439,100 median listing runs about $2,204 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,979/mo
−$225/mo vs today
At today's rate · 6.43%
$2,204/mo
National weekly average
If rates rise 1% · 7.43%
$2,439/mo
+$235/mo vs today

Principal & interest on the $439,100 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Virginia Beach housing market?

Longer-run demand in Virginia Beach shows up in 3,963 homes permitted in 2025; net migration of -3,237 residents; -1.0% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
3,963
▼ 19.3% vs 2024
2.2 per 1,000 residents
Net migration (2022–2023)
-3,237
▼ people, via tax-return records
net income flow −$107.5M/yr
Job growth (YoY)
-1.0%
▼ 829.1k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

What is the latest Virginia Beach real estate news?

Virginia Beach housing market headlines indicate a trend of rising prices and ongoing analysis of property trends. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Virginia Beach housing market FAQ

What is the median home price in Virginia Beach?
As of June 2026, the median listing price in Virginia Beach, VA is $439,100, up 5.8% year over year (source: public records and industry data).
How much does it cost to buy a home in Virginia Beach?
The median home listed in Virginia Beach asks $439,100 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $2,204 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Virginia Beach?
The median property in Virginia Beach spends 37 days on the market, with 5,234 homes actively listed and 19% of them carrying a price cut — a seller-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Virginia Beach?
With a median 37 days on market and 19% of active listings carrying a price cut, Virginia Beach reads as a seller-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Virginia Beach a good place to invest in real estate?
Virginia Beach scores 67/100 on WealthyBud's Investor Score, ranking #144 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Virginia Beach?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Virginia Beach and the wider Virginia market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

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Samuel Okonkwo Property Investment Analyst

Samuel Okonkwo is a property investment analyst who covers cap rates, cash-flow modeling and rental-property ROI for single-family and small multifamily investors. He builds his models from public rent and price data to help readers compare markets objectively.