Virginia Beach, VA Real Estate Market Report

The median home price in Virginia Beach, VA is $365,304, having risen +2.0% over the past year, with homes selling in about 42 days on market. That is against a national 30-year mortgage rate of 6.47%.

Price and value

Zillow home-value data for Virginia Beach, VA runs from Nov 2025 through May 2026. Prices have risen +2.0% year over year, with the median now at $365,304.

$365,304
Median home price
+2.0%
Year-over-year
6.47%
30-yr mortgage (national)

Home value trend (Nov 2025 to May 2026)

Nov 2025May 2026

Market velocity

Homes in Virginia Beach, VA are spending about 42 days on market, with 5,155 active listings available to buyers.

42
Days on market
5,155
Active listings

Days on market trend (Nov 2025 to May 2026)

Nov 2025May 2026

Commercial and capital markets

On the commercial side, Virginia Beach, VA carries 573 securitized (CMBS) loans totaling $1,651,600,000 in outstanding balance.

573
CMBS loans
$1,651,600,000
CMBS loan volume

Local economy

The local labor market shows 4.2% unemployment against a median household income of $97,417.

4.2%
Unemployment rate
$97,417
Median household income
552
RIA firms
#14 nationally

Go deeper on Virginia Beach, VA

Browse live listings in this market or run a full property or area report.

Updated May 2026. Sources: Zillow, Realtor.com, SEC, Census/ACS, FRED.