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Veterans United in Virginia Beach-Chesapeake-Norfolk, VA in the VA, NC metro area

The Virginia Beach housing market in October has strengthened compared to last year with the median home price around $413,000 — up 4.6% from last year. Homes for sale in Virginia Beach* now spend an average of 41 days on the market, and nearly 36% sell below asking price, giving buyers more negotiating power.

Just a few of the 738,955 Veterans we've helped get into homes. 16,997 Veterans in the Virginia Beach-Chesapeake-Norfolk, VA-NC area alone!

Based on Veterans United and Veterans United Realty's internal data.

Virginia Beach Metro Housing Market in September 2025

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Median Days on Market

41 days

Homes are staying on the market 6.49% longer than last month.

Average Listing Price

$529,336

Average home prices are down 0.77% since last month.

Active Listings

5,093 homes

Number of houses on the market are up 1.46% since last month.

Check out homes available in the Virginia Beach area right now!

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Homes in the Virginia Beach region sell at a moderate pace.

36% of listings reduced price last month.

2,516

New listings

Down 5.8% from last month

5,093

Active listings

Up 1.5% from last month

VA Loan Market Share

40.4% of originations last year were VA loans.

14,246

Sold last year

1/2

Were VA loans

Virginia Beach Area

Own vs Rent Trends

A higher share of owner-occupied homes often reflects stronger long-term ties to the community, since homeowners are more likely to stay in one place and invest in their neighborhoods. By contrast, areas with a larger renter population may be more transient, offering flexibility but sometimes less stability in housing markets.

It could also be an indication of market health, as affordable markets often have higher owner-occupancy rates.

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  • 67% Homes are owner-occupied
  • 33% Homes are rented

Virginia Beach Metro Home Affordability

How does Virginia Beach compare nationally?

Virginia Beach median listing price

$413,000

Down 0.5% from last month

VS.

National median listing price

$429,990

Down 2.2% from last month

The home listing price-to-income ratio in the Virginia Beach area is 5.2

The ratio compares how expensive homes are in Virginia Beach relative to household income. A higher ratio means homes cost more compared to what people earn.

A healthy price-to-income ratio is generally around 3 times your household's annual income (or less), but higher ratios can be sustainable depending on your rate, DTI, and more.

Median Home Prices by Neighborhood in the Virginia Beach Region

This section breaks down median home prices by neighborhood. Use these insights to see where housing costs trend higher or lower, and to better understand the market at the zip code level.

The Virginia Beach metro median income is $79,325.

Explore Virginia Beach Area Neighborhoods

See how median home prices in individual Virginia Beach neighborhoods compare to the overall metro median.

Let’s see what you can buy
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Median home price $824,950 $525,000 $310,000 $199,000 $315,000 $394,975 $537,500 $650,000 $514,000 $414,450 $439,900 $787,450 $279,000 $298,000 $485,000 $449,900 $420,000 $482,445 $373,450 $479,929 $482,000 $550,000 $580,500 $165,000 $382,450 $424,450 $110,000 $230,000 $512,450 $386,900 $335,000 $412,500 $485,000 $674,700 $463,500 $300,000 $334,950 $450,000 $589,900 $382,450 $510,000 $720,000 $435,000 $595,255 $699,000 $692,000 $375,000 $384,900 $457,400 $464,900 $682,000 $859,950 $307,500 $402,500 $345,000 $345,000 $297,000 $312,500 $320,000 $420,000 $299,883 $333,000 $297,500 $300,000 $397,000 $349,500 $315,000 $324,900 $278,500 $250,000 $407,500 $249,900 $340,000 $279,900 $274,900 $382,000 $329,900 $304,950 $509,990 $421,000 $519,500 $599,000 $615,000 $275,000 $239,950 $329,000 $252,500 $265,000 $637,500 $399,900 $560,000 $995,000 $650,000 $450,000 $459,000 $383,000 $569,900 $552,667 $539,000 $489,000 $355,000 $565,000 $419,900 $430,000 $352,300 $443,098 $375,000 $331,950 $336,200 $289,900 $349,000 $235,900

The Nation’s #1 VA Purchase Lender

More Veterans choose Veterans United than any VA lender in the country.

Largest overall VA lender (purchase and refinance) for six of the last nine years.

More VA purchase loans than any other lender for the past nine consecutive years

Over the last five years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.

Selling your home?

Veterans United Realty agents have sold $1,758,714,673 worth of homes in the Virginia Beach area.

Based on Veterans United and Veterans United Realty's internal data.

Connect with an Agent

Start Your VA Loan With Veterans United

Not sure where to begin? Whether you're stationed nearby or planning to move near Virginia Beach, we’ll help you understand what to expect.

Get in touch with a VA home loan expert
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Step 1Talk With a Locally Licensed Home Loan Expert

A Veterans United home loan specialist licensed in Virginia Beach can walk you through your options and answer your questions.

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Step 2Build a Personalized Home Loan Plan

We’ll help tailor a VA loan plan based on your goals, timeline and what home feels right for you.

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Step 3Get Preapproved for a VA Loan

Know how much you can afford and get a clear view of your budget before you start house hunting.

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Step 4 Work With a Locally Licensed Real Estate Agent

We’ll connect you with an agent who understands VA loans and knows the Virginia Beach area market inside and out.

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Step 5Close With Confidence

From offer to keys, we’re by your side to help make things simple and stress-free.

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