Ocean Lakes, VA Housing Market
The Ocean Lakes housing market is very competitive. The median sale price of a home in Ocean Lakes was $381K last month, down 8.8% since last year. The median sale price per square foot in Ocean Lakes is $232, down 9.02% since last year.
Ocean Lakes Housing Market Trends
In May 2025, Ocean Lakes home prices were down 8.8% compared to last year, selling for a median price of $381K. On average, homes in Ocean Lakes sell after 20 days on the market compared to 24 days last year. There were 35 homes sold in May this year, up from 22 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.

How hot is the Ocean Lakes housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 20 days.
- Hot homescan sell for about 2% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 101 days.
- Hot homescan sell for around list price and go pending in around 48 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 53 days.
- Hot homescan sell for around list price and go pending in around 15 days.
View houses in Ocean Lakes that sold recently
Recently sold homes
- $350,000 Last Sold Price3 beds2.5 baths1,500 sq ft1765 Unicorn Dr, Virginia Beach, VA 23454List Price$345,000Sale to List1% over listDays on Market33 days1765 Unicorn Dr, Virginia Beach, VA 23454
- $975,000 Last Sold Price5 beds3.5 baths3,700 sq ft895 Old Dam Neck Rd, Virginia Beach, VA 23454List Price$975,000Sale to List0% over listDays on Market39 days895 Old Dam Neck Rd, Virginia Beach, VA 23454
- $440,000 Last Sold Price3 beds2.5 baths1,512 sq ft1133 Gauguin Dr, Virginia Beach, VA 23454List Price$439,999Sale to List0% over listDays on Market45 days1133 Gauguin Dr, Virginia Beach, VA 23454
- $400,000 Last Sold Price3 beds2 baths1,272 sq ft1092 Guest Dr, Virginia Beach, VA 23454List Price$410,000Sale to List2% under listDays on Market37 days1092 Guest Dr, Virginia Beach, VA 23454
- $177,300 Last Sold Price3 beds2 baths1,100 sq ft800 Cannonade Trl, Virginia Beach, VA 23454List Price$200,000Sale to List11% under listDays on Market17 days800 Cannonade Trl, Virginia Beach, VA 23454
- $365,000 Last Sold Price4 beds2.5 baths1,696 sq ft713 Quesnel Dr, Virginia Beach, VA 23454List Price$339,900Sale to List7% over listDays on Market31 days713 Quesnel Dr, Virginia Beach, VA 23454
- $420,000 Last Sold Price3 beds2 baths1,313 sq ft1909 Bizet Ct, Virginia Beach, VA 23454List Price$415,000Sale to List1% over listDays on Market43 days1909 Bizet Ct, Virginia Beach, VA 23454
- $320,000 Last Sold Price2 beds2.5 baths1,400 sq ft716 Quesnel Dr, Virginia Beach, VA 23454List Price$320,000Sale to List0% over listDays on Market35 days716 Quesnel Dr, Virginia Beach, VA 23454
See all recently sold homes in Ocean Lakes.
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Schools in Ocean Lakes
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Ocean Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Ocean Lakes.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Severe
Wind Factor

Wind likelihood over time
Heat Factor - Extreme
Heat Factor

Transportation in Ocean Lakes
Walk Score®
Transit Score®
Bike Score®
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