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 $429,950 — up 4.9% from last year. Homes for sale in Virginia Beach* now spend an average of 44 days on the market, and nearly 33% sell below asking price, giving buyers more negotiating power.
Just a few of the 840,100 Veterans we've helped get into homes.
19,258 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 October 2026
Median Days on Market
44 days
Homes are staying on the market 8.75% longer than last month.
Average Listing Price
$551,263
Average home prices are down 0.53% since last month.
Active Listings
5,760 homes
Number of houses on the market are up 0.83% since last month.
Homes in the Virginia Beach region sell at a moderate pace.
33% of listings reduced price last month.
2,566
New listings
Down 9.7% from last month
5,760
Active listings
Up 0.8% 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
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
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Listing Price
$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
$436,000
$439,100
$439,000
$434,000
$429,950
Month
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
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Active Listings
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
5,093
5,234
5,406
5,712
5,760
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
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
May 2026
Jun 2026
Jul 2026
Aug 2026
Sep 2026
Median Days on Market
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
33
37
39
40
44
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
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
May 2026
Jun 2026
Jul 2026
Aug 2026
Hotness Score
54.0134
54.3478
56.8562
56.1873
51.3378
54.5151
54.6823
54.8495
53.5117
56.5217
49.8328
45.4849
52.6756
52.1739
54.3478
54.1806
53.8462
52.3411
50.8361
54.1806
55.5184
54.5151
46.6555
48.495
49.1639
56.0201
55.8528
53.1773
49.8328
49.6656
48.6622
50
51.1706
50.1672
47.3244
46.6555
48.9967
54.1806
53.3445
53.01
51.6722
48.8294
49.4983
48.8294
50.8361
49.4983
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 2,102 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.
Kenny was amazing! He went over and beyond for us. Very communicative and easy to reach. Without him our deal would not be completed for sure. Thank you Kenny!!
Loken P. | Army
Verified Customer
James Walrod helped me and I felt like I got treated like a family member. He answered every call, email and text promptly and helped ease my stress. I am forever grateful for his knowledge and support. I highly recommend this company.
Michele C. |
Verified Customer
The whole process was very smooth. Really enjoyed working directly with Alex. The whole team was great.
Ronald B. | Air Force
Verified Customer
Ron and Erin were amazing! Enjoyed working with them, fast responses, detailed explanations, and always calmed up if we were unsure about something.
Brandi F. | Army
Verified Customer
Process was outstanding. Ninna and team from start to finish kept us informed and provided an outstanding service. Would highly recommend Veterans United, based on this experience.
Lonnie P. | Coast Guard
Verified Customer
Great team. Ali was fantastic and hope to refinance later. Thank you
Michael N. | 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
Tansee and Annie were AMAZING! Tansee was so prompt and reached out to me right away. We worked great as a team; I provided paperwork and she made sure everything got submitted on time.I also loved the online portal. It showed exactly what tasks needed to be completed and you could see when it was r...
Teniele G. | Air Force
Verified Customer
Made the process easy and seamless, excellent communication, extremely patient.
Antonio M. | Marine Corps
Verified Customer
Wendy and Rachel are an unstoppable force! Their entire team is absolutely amazing and have been there for all my questions and concerns! I can’t thank them enough!
Ezra S. | Navy
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
Choosing Veterans United was a great choice to get a home loan. Charlie Marshman, the loan Officer, was excellent. He was able to explain the process and calm all my fears about getting a VA loan. The process was quick and Charlie guided me through helped me to work through a few minor hurdles. My L...
William C. | Army
Verified Customer
My experience with Veterans United was exceptional, especially working with Nina Paddock. She was incredibly helpful, responsive, attentive to all of my questions throughout the process. Purchasing a home can be a very stressful experience, but Nina made the entire journey smooth, stress-free, and e...
*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.
Enter to win $100,000 toward your new home!No purchase necessary; see official rules for details.
2026 New Home for the Holidays $100K Veteran Homebuyer Giveaway
1. realtor.com is hosting and helping to administer and promote the sweepstakes.
2. NMLS #1907 (nmlsconsumeraccess.org). Not affiliated with Dept. of Veterans Affairs or any government agency.
3. May be subject to tax withholding. See Official Rules for details.
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