All Home Types
Virginia Beach, VA Housing Market
What is the housing market like in Virginia Beach today?
In August 2024, Virginia Beach home prices were up 6.8% compared to last year, selling for a median price of $390K. On average, homes in Virginia Beach sell after 24 days on the market compared to 18 days last year. There were 507 homes sold in August this year, down from 515 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$390,000
+6.8% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Virginia Beach, VA
$390,000
+6.8%
United States
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Virginia Beach Migration & Relocation Trends
In Jul '24 - Sep '24, 28% of Virginia Beach homebuyers searched to move out of Virginia Beach, while 72% looked to stay within the metropolitan area.
- Across the nation, 0.93% of homebuyers searched to move into Virginia Beach from outside metros.
- Washington homebuyers searched to move into Virginia Beach more than any other metro followed by Richmond and New York.
Where are people moving to Virginia Beach from?
- 72% of Virginia Beach homebuyers searched to stay within the Virginia Beach metropolitan area.
- Orlando was the most popular destination among Virginia Beach homebuyers followed by Lynchburg and Jacksonville.
Where are people from Virginia Beach moving to?
Number of People Moving to Virginia Beach
least
most
People are moving to Virginia Beach from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jul '24 - Sep '24 | ||
| 1 | 2,568 | ||
| 2 | 1,286 | ||
| 3 | 588 | ||
| 4 | 551 | ||
| 5 | 294 | ||
| 6 | 154 | ||
| 7 | 146 | ||
| 8 | 115 | ||
| 9 | 84 | ||
| 10 | 66 | ||
People are leaving Virginia Beach for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jul '24 - Sep '24 | ||
| 1 | 69 | ||
| 2 | 63 | ||
| 3 | 61 | ||
| 4 | 51 | ||
| 5 | 42 | ||
| 6 | 41 | ||
| 7 | 36 | ||
| 8 | 34 | ||
| 9 | 33 | ||
| 10 | 25 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Virginia Beach.
Provided by First Street Foundation
Transportation in Virginia Beach
Learn about the walkability, bikeability, and transit-friendliness of Virginia Beach
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Somewhat Bikeable
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