Virginia Beach, VA 23451 Real Estate & Property Data

Virginia Beach, VA 23451 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 860 residential properties have been sold over the past 12 months in 23451. With a median sales price of $2,631,850 in 23451 and a total of 1 foreclosures in Virginia Beach, VA 23451. Discover market trends and get the granular level real estate data for Virginia Beach, VA 23451 to keep your pulse on the housing market. Curate compelling home reports for Virginia Beach, VA 23451 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Virginia Beach, VA 23451 Real Estate Market Trends
Total Residential Properties 16,101
Total Commercial Properties 1,671
Avg. Home Age (Single Family Home) 49 Years
Avg. Square Feet (Single Family Home) 2,537
Total 2024 Residential Sales (year-to-date) 90
% of Homes Seriously Underwater (Q2 2024) 0.59%
Total 2023 Residential Sales 821
% of Equity Rich Homes (Q2 2024) 40.1%
Effective 2023 Property Tax 0.83%
Total Foreclosure Filings (year-to-date) 2
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Virginia Beach, VA 23451 Real Estate Overview

There were 860 residential properties sold in the past year in Virginia Beach, VA 23451. The median home value in Virginia Beach, VA 23451 is $586,273. There are a total of 16,101 residential properties in the 23451.

Median Sales Price i
$2,631,850
(Feb 2024)
+284.2%
year-over-year
y-o-y
  • February '24 Feb '24 $2,631,850
  • January '24 Jan '24 $750,000
  • December '23 Dec '23 $1,225,000
  • November '23 Nov '23 $525,000
  • October '23 Oct '23 $830,000
  • September '23 Sep '23 $829,950
  • August '23 Aug '23 $742,000
  • July '23 Jul '23 $788,275
  • June '23 Jun '23 $1,175,000
  • May '23 May '23 $877,500
  • April '23 Apr '23 $655,000
  • March '23 Mar '23 $594,000
Median Down Payment i
$1,239,350
(Feb 2024)
+588.5%
year-over-year
y-o-y
  • February '24 Feb '24 $1,239,350
  • January '24 Jan '24 $172,500
  • December '23 Dec '23 $300,000
  • November '23 Nov '23 $126,500
  • October '23 Oct '23 $200,000
  • September '23 Sep '23 $202,400
  • August '23 Aug '23 $149,448
  • July '23 Jul '23 $129,850
  • June '23 Jun '23 $234,375
  • May '23 May '23 $195,000
  • April '23 Apr '23 $131,000
  • March '23 Mar '23 $100,000
Number of Homes Sold i
35
(Feb 2024)
-39.7%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 55
  • December '23 Dec '23 38
  • November '23 Nov '23 58
  • October '23 Oct '23 80
  • September '23 Sep '23 68
  • August '23 Aug '23 71
  • July '23 Jul '23 69
  • June '23 Jun '23 90
  • May '23 May '23 84
  • April '23 Apr '23 61
  • March '23 Mar '23 93
Number of Purchase Loans i
27
(Feb 2024)
-15.6%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 23
  • December '23 Dec '23 23
  • November '23 Nov '23 34
  • October '23 Oct '23 36
  • September '23 Sep '23 45
  • August '23 Aug '23 42
  • July '23 Jul '23 42
  • June '23 Jun '23 55
  • May '23 May '23 42
  • April '23 Apr '23 33
  • March '23 Mar '23 45
Number of REFI Loans i
14
(Feb 2024)
+55.6%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 10
  • December '23 Dec '23 12
  • November '23 Nov '23 24
  • October '23 Oct '23 15
  • September '23 Sep '23 18
  • August '23 Aug '23 10
  • July '23 Jul '23 3
  • June '23 Jun '23 18
  • May '23 May '23 13
  • April '23 Apr '23 16
  • March '23 Mar '23 18
Number of HELOC Loans i
24
(Feb 2024)
+50%
year-over-year
y-o-y
  • February '24 Feb '24 24
  • January '24 Jan '24 13
  • December '23 Dec '23 17
  • November '23 Nov '23 27
  • October '23 Oct '23 26
  • September '23 Sep '23 13
  • August '23 Aug '23 25
  • July '23 Jul '23 12
  • June '23 Jun '23 17
  • May '23 May '23 34
  • April '23 Apr '23 26
  • March '23 Mar '23 21

Virginia Beach, VA 23451 Foreclosure Activity

There were a total of 1 Virginia Beach, VA 23451 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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