Ocean Lakes, VA Housing Market
The Ocean Lakes housing market is very competitive. The median sale price of a home in Ocean Lakes was $389K last month, down 5.2% since last year. The median sale price per square foot in Ocean Lakes is $263, up 10.5% since last year.
Ocean Lakes Housing Market Trends
In June 2025, Ocean Lakes home prices were down 5.2% compared to last year, selling for a median price of $389K. On average, homes in Ocean Lakes sell after 21 days on the market compared to 19 days last year. There were 36 homes sold in June this year, up from 26 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 22 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
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 99 days.
- Hot homescan sell for around list price and go pending in around 47 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 19 days.
View houses in Ocean Lakes that sold recently
Recently sold homes
- $501,000 Last Sold Price4 beds2 baths2,100 sq ft1220 Brahms Dr, Virginia Beach, VA 23454List Price$499,000Sale to List0% over listDays on Market25 days1220 Brahms Dr, Virginia Beach, VA 23454
- $465,000 Last Sold Price4 beds3 baths1,818 sq ft1121 Millay Ct, Virginia Beach, VA 23454List Price$465,000Sale to List0% over listDays on Market35 days1121 Millay Ct, Virginia Beach, VA 23454
- $459,000 Last Sold Price3 beds2.5 baths1,620 sq ft1749 Kitimal Dr, Virginia Beach, VA 23454List Price$458,900Sale to List0% over listDays on Market51 days1749 Kitimal Dr, Virginia Beach, VA 23454
- $567,000 Last Sold Price4 beds2.5 baths2,186 sq ft1240 Mozart Dr, Virginia Beach, VA 23454List Price$550,000Sale to List3% over listDays on Market40 days1240 Mozart Dr, Virginia Beach, VA 23454
- $494,900 Last Sold Price4 beds2 baths1,844 sq ft1213 Mozart Dr, Virginia Beach, VA 23454List Price$494,900Sale to List0% over listDays on Market35 days1213 Mozart Dr, Virginia Beach, VA 23454
- $344,500 Last Sold Price3 beds2.5 baths1,427 sq ft783 Quesnel Dr, Virginia Beach, VA 23454List Price$349,000Sale to List1% under listDays on Market56 days783 Quesnel Dr, Virginia Beach, VA 23454
- $339,000 Last Sold Price3 beds2.5 baths1,560 sq ft1582 Sword Dancer Dr, Virginia Beach, VA 23454List Price$339,000Sale to List0% over listDays on Market31 days1582 Sword Dancer Dr, Virginia Beach, VA 23454
- $424,000 Last Sold Price3 beds2 baths1,474 sq ft1096 Valencia Ct, Virginia Beach, VA 23454List Price$424,900Sale to List0% under listDays on Market52 days1096 Valencia Ct, 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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