All Home Types
Virginia Beach, VA Housing Market
What is the housing market like in Virginia Beach today?
In August 2023, Virginia Beach home prices were up 10.6% compared to last year, selling for a median price of $365K. On average, homes in Virginia Beach sell after 18 days on the market compared to 21 days last year. There were 515 homes sold in August this year, down from 725 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$365,000
+10.6% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
Virginia Beach, VA
$365,000
+10.6%
United States
Virginia Beach Migration & Relocation Trends
In Jun '23 - Aug '23, 26% of Virginia Beach homebuyers searched to move out of Virginia Beach, while 74% looked to stay within the metropolitan area.
- Across the nation, 0.75% 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 New York and Richmond.
Where are people moving to Virginia Beach from?
- 74% of Virginia Beach homebuyers searched to stay within the Virginia Beach metropolitan area.
- Jacksonville was the most popular destination among Virginia Beach homebuyers followed by Miami and Orlando.
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 | Jun '23 - Aug '23 | ||
| 1 | 2,117 | ||
| 2 | 500 | ||
| 3 | 367 | ||
| 4 | 202 | ||
| 5 | 173 | ||
| 6 | 148 | ||
| 7 | 142 | ||
| 8 | 86 | ||
| 9 | 52 | ||
| 10 | 51 | ||
People are leaving Virginia Beach for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 114 | ||
| 2 | 59 | ||
| 3 | 54 | ||
| 4 | 51 | ||
| 5 | 51 | ||
| 6 | 36 | ||
| 7 | 35 | ||
| 8 | 30 | ||
| 9 | 29 | ||
| 10 | 29 | ||
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.
Risk Factor
Provided by First Street Foundation
Transportation in Virginia Beach
Learn about the walkability, bikeability, and transit-friendliness of Virginia Beach
Car-Dependent
Walk Score®
Minimal Transit
Transit Score®
Somewhat Bikeable
Bike Score®
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