Ocean Lakes, VA Housing Market
The Ocean Lakes housing market is very competitive. The median sale price of a home in Ocean Lakes was $408K last month, up 6.5% since last year. The median sale price per square foot in Ocean Lakes is $240, up 1.9% since last year.
Ocean Lakes Housing Market Trends
In March 2024, Ocean Lakes home prices were up 6.5% compared to last year, selling for a median price of $408K. On average, homes in Ocean Lakes sell after 29 days on the market compared to 24 days last year. There were 16 homes sold in March this year, down from 24 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 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 23 days.
- Hot homescan sell for about 2% above list price and go pending in around 15 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
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 47 days.
- Hot homescan sell for around list price and go pending in around 14 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 2% below list price and go pending in around 52 days.
- Hot homescan sell for around list price and go pending in around 16 days.
Home offer insights for Ocean Lakes
Recent offers
View houses in Ocean Lakes that sold recently
Recently sold homes
- $370,000 Last Sold Price4 beds2.5 baths1,600 sq ft1864 Blairmore Arch, Virginia Beach, VA 23454List Price$389,500Sale to List5% under listDays on Market62 days1864 Blairmore Arch, Virginia Beach, VA 23454
- $459,000 Last Sold Price4 beds2.5 baths1,600 sq ft1985 Haviland Dr, Virginia Beach, VA 23454List Price$459,000Sale to List0% over listDays on Market76 days1985 Haviland Dr, Virginia Beach, VA 23454
- $315,000 Last Sold Price3 beds2.5 baths1,692 sq ft829 Quesnel Dr, Virginia Beach, VA 23454List Price$310,000Sale to List2% over listDays on Market38 days829 Quesnel Dr, Virginia Beach, VA 23454
- $490,000 Last Sold Price4 beds2.5 baths1,794 sq ft1220 Garth Ct, Virginia Beach, VA 23454List Price$500,000Sale to List2% under listDays on Market44 days1220 Garth Ct, Virginia Beach, VA 23454
- $600,000 Last Sold Price4 beds3 baths3,682 sq ft895 Old Dam Neck Rd, Virginia Beach, VA 23454List Price$619,000Sale to List3% under listDays on Market83 days895 Old Dam Neck Rd, Virginia Beach, VA 23454
- $580,000 Last Sold Price4 beds2.5 baths2,306 sq ft1233 Faulkner Rd, Virginia Beach, VA 23454List Price$580,000Sale to List0% over listDays on Market25 days1233 Faulkner Rd, Virginia Beach, VA 23454
- $410,0004 beds2.5 baths1,959 sq ft1216 Brahms Dr #454, Virginia Beach, VA 23454Days on Market—1216 Brahms Dr #454, Virginia Beach, VA 23454
- $595,000 Last Sold Price5 beds2.5 baths3,021 sq ft1941 Ashmore Dr, Virginia Beach, VA 23454List Price$580,000Sale to List3% over listDays on Market27 days1941 Ashmore 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 - Moderate
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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