Virginia Beach City County, VA Real Estate & Property Data

Virginia Beach City County Real Estate Market Trends
Last Updated: April 27, 2024

With up-to-date real estate data get detailed insight into Virginia Beach City County, VA sourced from the nation’s leading property data provider. The current median home price in Virginia Beach City County, VA is $385,000. Virginia Beach City County real estate data shows that there have been a total of 7,047 residential properties sold over the past 12 months. ATTOM’s Virginia Beach City County real estate data indicates that the county has 20 properties in foreclosure and 1 REOs (real estate bank owned) properties.

Virginia Beach City County Real Estate Market Trends
Total Residential Properties 147,636
Total Commercial Properties 5,217
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 2,124
Total 2024 Residential Sales (year-to-date) 917
% of Homes Seriously Underwater (Q2 2024) 0.57%
Total 2023 Residential Sales 6,569
% of Equity Rich Homes (Q2 2024) 38.33%
Effective 2023 Property Tax 0.88%
Total Foreclosure Filings (year-to-date) 51
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Virginia Beach City County, VA Real Estate Overview

There were 7,047 residential properties sold in the past year in Virginia Beach City County, VA. The median home value in Virginia Beach City County, VA is $356,481. There are a total of 147,636 residential properties in the Virginia Beach City.

Median Sales Price i
$385,000
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 $385,000
  • January '24 Jan '24 $389,950
  • December '23 Dec '23 $415,000
  • November '23 Nov '23 $415,000
  • October '23 Oct '23 $397,900
  • September '23 Sep '23 $390,500
  • August '23 Aug '23 $408,000
  • July '23 Jul '23 $420,000
  • June '23 Jun '23 $418,002
  • May '23 May '23 $401,500
  • April '23 Apr '23 $413,050
  • March '23 Mar '23 $378,888
Median Down Payment i
$56,819
(Feb 2024)
+22.2%
year-over-year
y-o-y
  • February '24 Feb '24 $56,819
  • January '24 Jan '24 $76,075
  • December '23 Dec '23 $48,375
  • November '23 Nov '23 $78,090
  • October '23 Oct '23 $65,100
  • September '23 Sep '23 $67,892
  • August '23 Aug '23 $75,350
  • July '23 Jul '23 $63,600
  • June '23 Jun '23 $67,050
  • May '23 May '23 $62,250
  • April '23 Apr '23 $60,000
  • March '23 Mar '23 $59,990
Number of Homes Sold i
450
(Feb 2024)
-3.2%
year-over-year
y-o-y
  • February '24 Feb '24 450
  • January '24 Jan '24 467
  • December '23 Dec '23 291
  • November '23 Nov '23 431
  • October '23 Oct '23 582
  • September '23 Sep '23 537
  • August '23 Aug '23 590
  • July '23 Jul '23 574
  • June '23 Jun '23 745
  • May '23 May '23 708
  • April '23 Apr '23 579
  • March '23 Mar '23 628
Number of Purchase Loans i
383
(Feb 2024)
+9.4%
year-over-year
y-o-y
  • February '24 Feb '24 383
  • January '24 Jan '24 332
  • December '23 Dec '23 242
  • November '23 Nov '23 329
  • October '23 Oct '23 440
  • September '23 Sep '23 409
  • August '23 Aug '23 466
  • July '23 Jul '23 450
  • June '23 Jun '23 587
  • May '23 May '23 547
  • April '23 Apr '23 433
  • March '23 Mar '23 472
Number of REFI Loans i
290
(Feb 2024)
+71.6%
year-over-year
y-o-y
  • February '24 Feb '24 290
  • January '24 Jan '24 300
  • December '23 Dec '23 166
  • November '23 Nov '23 230
  • October '23 Oct '23 287
  • September '23 Sep '23 217
  • August '23 Aug '23 339
  • July '23 Jul '23 180
  • June '23 Jun '23 246
  • May '23 May '23 250
  • April '23 Apr '23 240
  • March '23 Mar '23 228
Number of HELOC Loans i
149
(Feb 2024)
-8.6%
year-over-year
y-o-y
  • February '24 Feb '24 149
  • January '24 Jan '24 147
  • December '23 Dec '23 103
  • November '23 Nov '23 156
  • October '23 Oct '23 197
  • September '23 Sep '23 161
  • August '23 Aug '23 179
  • July '23 Jul '23 153
  • June '23 Jun '23 190
  • May '23 May '23 217
  • April '23 Apr '23 206
  • March '23 Mar '23 217

Virginia Beach City County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value

Virginia Beach City County, VA Foreclosure Activity

There were a total of 20 Virginia Beach City County, VA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 20 Virginia Beach City County, VA properties and repossessed 1 Virginia Beach City County, VA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
20
(Feb 2024)
+11.1%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 31
  • December '23 Dec '23 26
  • November '23 Nov '23 28
  • October '23 Oct '23 27
  • September '23 Sep '23 31
  • August '23 Aug '23 32
  • July '23 Jul '23 24
  • June '23 Jun '23 25
  • May '23 May '23 49
  • April '23 Apr '23 13
  • March '23 Mar '23 25
Foreclosure Starts i
20
(Feb 2024)
+11.1%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 31
  • December '23 Dec '23 26
  • November '23 Nov '23 28
  • October '23 Oct '23 27
  • September '23 Sep '23 31
  • August '23 Aug '23 32
  • July '23 Jul '23 24
  • June '23 Jun '23 25
  • May '23 May '23 49
  • April '23 Apr '23 13
  • March '23 Mar '23 25
Completed Foreclosures (REOs) i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 3
  • July '23 Jul '23 4
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 1
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