Central Business District, VA Housing Market

The Central Business District housing market is very competitive. The median sale price of a home in Central Business District was $416K last month, up 66.3% since last year. The median sale price per square foot in Central Business District is $281, up 37.3% since last year.

Trends
Demand
Schools
Climate

Central Business District Housing Market Trends

What is the housing market like in Central Business District today?

$416K

Sale Price

+66.3%
since last year

$281

Sale $/Sq. Ft.

+37.3%
since last year

Under List Price

0.4%

Days on Market

Down Payment

42.0%

Total Homes Sold

To compare other locations to the Central Business District and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Virginia Beach add value to a home.

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How hot is the Central Business District housing market?

Central Business District is very competitive. Homes sell in 23 days.

100

Very Competitive

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 homes
can sell for about 2% above list price and go pending in around 15 days.

Compare With Nearby Neighborhoods

Kempsville

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 13 days.

Great Neck

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 25 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.

See more nearby cities and neighborhoods

View houses in Central Business District that sold recently

Recently sold homes

SOLD NOV 21, 2024
$567,500 Last Sold Price
2 beds
2 baths
1,607 sq ft
4545 Commerce St #2805, Virginia Beach, VA 23462
List Price
$585,000
Sale to List
3% under list
Days on Market
32 days
4545 Commerce St #2805, Virginia Beach, VA 23462
SOLD NOV 1, 2024
$263,900 Last Sold Price
2 beds
2.5 baths
1,254 sq ft
4670 Genoa Cir, Virginia Beach, VA 23462
List Price
$263,900
Sale to List
0% over list
Days on Market
48 days
4670 Genoa Cir, Virginia Beach, VA 23462
SOLD OCT 17, 2024
$265,000 Last Sold Price
2 beds
2.5 baths
1,254 sq ft
4657 Genoa Cir, Virginia Beach, VA 23462
List Price
$257,000
Sale to List
3% over list
Days on Market
78 days
4657 Genoa Cir, Virginia Beach, VA 23462
SOLD OCT 17, 2024
$341,350
3 beds
1 bath
912 sq ft
4509 William Pitt Ln, Virginia Beach, VA 23462
List Price
—
Sale to List
—
Days on Market
—
4509 William Pitt Ln, Virginia Beach, VA 23462
SOLD OCT 15, 2024
$365,000 Last Sold Price
3 beds
1.5 baths
1,200 sq ft
4528 William Pitt Ln, Virginia Beach, VA 23462
List Price
$359,900
Sale to List
1% over list
Days on Market
34 days
4528 William Pitt Ln, Virginia Beach, VA 23462
SOLD OCT 8, 2024
$1,200,000
2 beds
2.5 baths
2,710 sq ft
4545 Commerce St #3502, Virginia Beach, VA 23462
List Price
—
Sale to List
—
Days on Market
—
4545 Commerce St #3502, Virginia Beach, VA 23462
SOLD OCT 4, 2024
$242,000 Last Sold Price
2 beds
2.5 baths
1,254 sq ft
294 Ferdinand Cir, Virginia Beach, VA 23462
List Price
$247,900
Sale to List
2% under list
Days on Market
63 days
294 Ferdinand Cir, Virginia Beach, VA 23462
SOLD SEP 20, 2024
$243,500 Last Sold Price
2 beds
2.5 baths
1,254 sq ft
132 Castilian Dr, Virginia Beach, VA 23462
List Price
$252,300
Sale to List
3% under list
Days on Market
51 days
132 Castilian Dr, Virginia Beach, VA 23462
See all recently sold homes in Central Business District.
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Schools in Central Business District

Learn about schools in the Central Business District area

Elementary
Middle
High

GreatSchools Rating

7/10

Thalia Elementary School

Public • PreK-5

538

Students

15 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Central Business District housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Central Business District.

Flood Factor - Moderate

93% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Severe

100% of properties are at severe risk of a severe wind event over the next 30 years

Heat Factor - Extreme

100% of properties are at extreme risk of heat over the next 30 years

Provided by First Street Foundation

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Central Business District, VA Housing Market

Central Business District Housing Market Trends

How hot is the Central Business District housing market?

View houses in Central Business District that sold recently

Recently sold homes

Schools in Central Business District

GreatSchools Rating

Climate's impact on Central Business District housing

Flood Factor - Moderate

Flood Factor

Fire Factor - Minimal

Fire Factor

Wind Factor - Severe

Wind Factor

Wind likelihood over time

Heat Factor - Extreme

Heat Factor

More real estate resources for Central Business District

New Listings in Central Business District

City Housing Markets

Zip Code Housing Markets

Nearby Neighborhood Housing Markets

City Listings

Zip Code Listings

Nearby Neighborhood Listings

Rentals