Veterans United in
Virginia Beach-Chesapeake-Norfolk, VA
in the VA, NC metro area
The Virginia Beach housing market in May has strengthened compared to last year with the median home price around $425,000 — up 3.7% from last year. Homes for sale in Virginia Beach* now spend an average of 35 days on the market, and nearly 29% sell below asking price, giving buyers more negotiating power.
Just a few of the 799,992 Veterans we've helped get into homes.
18,258 Veterans in the Virginia Beach-Chesapeake-Norfolk, VA-NC area alone!
Based on Veterans United and Veterans United Realty's internal data.
Jabril M. | U.S. Army
Jessica L. | U.S. Coast Guard
Joshua D. | U.S. Army
Mark L. | U.S. Navy
Reginald F. | U.S. Air Force
Whitney S. | U.S. Marine Corps
Rhianna H. | U.S. Air Force
Virginia Beach Metro Housing Market in May 2026
Median Days on Market
35 days
Homes are staying on the market 6.76% fewer days since last month.
Average Listing Price
$548,395
Average home prices are up 2.85% since last month.
Active Listings
4,441 homes
Number of houses on the market are up 10.12% since last month.
Homes in the Virginia Beach region sell at a moderate pace.
29% of listings reduced price last month.
3,294
New listings
Up 28.2% from last month
4,441
Active listings
Up 10.1% 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.
The home listing price-to-income ratio in the Virginia Beach area is 5.4
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.
View this chart to learn about the median listing price and the number of active listings in Virginia Beach over time.
Month
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
Listing Price
$350,000
$350,000
$349,900
$348,950
$359,500
$359,400
$359,900
$365,000
$371,522
$373,463
$384,000
$386,973
$395,000
$394,900
$383,600
$379,500
$374,450
$377,000
$379,000
$375,000
$384,504
$391,410
$390,000
$395,000
$399,000
$399,846
$392,800
$390,000
$393,115
$389,900
$387,450
$389,450
$392,500
$399,966
$409,950
$415,000
$415,000
$415,000
$413,000
$410,000
$407,000
$400,000
$399,900
$399,900
$400,000
$412,500
$425,000
Month
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
Active Listings
3,243
3,651
3,745
3,652
3,564
3,669
3,389
3,035
2,843
2,749
2,776
2,778
2,927
3,056
3,694
3,556
3,487
3,623
3,463
3,141
3,106
3,142
3,242
3,547
3,746
4,072
4,438
4,494
4,533
4,645
4,109
3,809
3,921
3,944
4,271
4,481
4,809
5,020
5,093
5,033
4,933
4,946
4,390
3,987
3,934
4,235
4,441
Median Days on Market
Days on Market
This chart shows the median days on market for active listings over time. In other words: how quickly homes move in the market. A declining rate means rising competition among buyers, while an increase means listings are sitting longer.
Month
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
Median Days on Market
24
27
34
37
38
40
50
54
40
39
30
29
29
33
31
36
39
38
45
50
36
34
32
30
31
34
36
41
43
44
47
52
39
38
35
36
38
39
41
44
44
45
51
57
40
36
35
Market Hotness Score
Market Hotness
Based on Realtor.com's Market Hotness Index, this measure reflects how competitive the housing market is by comparing buyer demand with available inventory. Rising hotness scores point to more competition, while declining scores signal cooling conditions.
Month
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
Hotness Score
45.4849
50.6689
49.8328
52.1739
50.3344
54.0134
54.3478
56.8562
56.1873
51.1706
54.5151
54.6823
54.8495
53.5117
56.1873
49.8328
45.4849
52.6756
52.1739
54.3478
54.1806
53.8462
52.3411
50.8361
54.1806
55.5184
54.3478
46.4883
48.495
49.1639
55.8528
55.3512
53.01
49.4983
49.6656
48.495
49.8328
51.0033
50
47.1572
46.4883
48.8294
53.8462
53.3445
53.01
51.8395
48.9967
Pending Homes-for-Sale %
Percentage of Homes Sold per Month
This chart shows the percentage of homes that sold each month, highlighting buyer demand and long-term market trends. In most markets, around 20% of listings selling each month is considered balanced. Higher percentages point to a strong sellers' market, while lower percentages indicate more favorable conditions for buyers.
Largest overall VA lender (purchase and refinance) for four consecutive years.
More VA purchase loans than any other lender for the past 10 consecutive years
Over the last six fiscal years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.
We have 2,490 Veterans ready to buy your home right now!
VA buyers moving to the Virginia Beach area should work with someone who knows the seven cities inside and out, especially when buying from a different duty station. While the VA loan doesn't require a down payment, closing costs still apply unless covered by the seller. Being prepared with cash on hand can make a big difference in competitive situations.
Matt S.Veterans United Network Realty Agent
1-800-985-5723 | 1512 Heriford Road, Columbia, MO 65202. Not affiliated with any government agency including the VA. Missouri Licensed Real Estate Brokerage; for license information, visit VeteransUnitedRealty.com. Equal Housing Opportunity.
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.
Staff/Team were super friendly and understanding even during some of our hiccups!!
Enjoyed working with each and every one of them.
Would definitely recommend them.🙂
John D. | Navy
Verified Customer
Made the process smooth and super simple would highly recommend
Jose S. | Navy
Verified Customer
The whole team at VU were very professional and helpful! This was the third mortgage that I worked with VU! Great job!
Thank you!
Timothy D. | Air Force
Verified Customer
Wendy and her team was absolutely amazing to work with, they explained everything effectively. The work with me when it took me a while to find some documents needed to get the approval.
Amazing team work!
Tamara R. | Navy
Verified Customer
I think the team is had was phenomenal
They listened to me and worked with me and helped me through every question and ontop of that they sent me a closing gift that actually included stuff that they I told them at the very beginning of what I wanted in a house to enjoy. It was extremely thoughtful....
Courtney G. | Army
Verified Customer
The whole Veterans United team was great. They made the whole home buying process very easy. Response times to any questions I had were very fast even after normal business hours. I will definitely recommend to others.
Joseph S. | Coast Guard
Verified Customer
Great team that made home buying hassle free and went above and beyond to help wherever and did great on explaining and walking through the home buying process. 11/10 recommend VU
Gaberial H. | Marine Corps
Verified Customer
Timely, complete, and professional
Jeromy H. | Army
Verified Customer
We just recently bought a house in Va, Austin and his team did a great job with helping us on every step in our process, Austin gave us a lot of good advice on our buying process and even gave us pros and cons before we actually put an offer in, he didn’t even just let us jump-in to something that...
Harvey C. | Army
Verified Customer
We love Travis!! Every time there is a change in the market- he calls us right away to get us the best rate. We never have to concern ourselves with the market. Also- when we’ve had issues in the past with home owners insurance- he fought for us to not lose our coverage from company loopholes.
Clifton R. | Army
Verified Customer
I'm very glad I chose Veterans United to purchase my first home. The whole home buying process seemed very overwhelming but they somehow made it understandable in bite size pieces. I was super anxious and lost at the beginning and they held my hand at each step. With their insurance brokerage, I fou...
Rhianna H. | Air Force
Verified Customer
everyone I worked with was fantastic. Couldn’t be happier.
Corey S. | Army
Verified Customer
I cannot say enough positive things about my experience working with Horace Johnson as my loan officer during the purchase of my brand new home. From the very beginning of the process through closing, Horace was professional, responsive, knowledgeable, and consistently committed to making sure I was...
*Unless stated otherwise, data for the metro refers to the CBSA ("Core-Based Statistical Area"), the defined geography that makes up the surrounding metropolitan and micropolitan areas.
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Enter to win $100,000 toward your new home!No purchase necessary; see official rules for details.
2026 Stars, Stripes and Summer $100K Veteran Homebuyer Giveaway
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