Virginia Beach, VA 23452 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the $339,000 median sold price, which, together with a year-over-year up price trend, supports a narrative of steady, moderate appreciation in June 2026.
2. There is a meaningful spread between the $437,250 median listing price and the $339,000 median sold price, which may indicate pricing friction where seller expectations remain above the level of recent closed transactions.
3. The 297 median days on market points to slower sales velocity versus a fast-turn market and, when combined with the constrained-supply signal in the analyzed sample, suggests transactions are occurring more slowly despite stable pricing.
4. Market-level context shows rent and price trends are both up, while interest rate pressure is characterized as moderate and the market temperature is neutral, implying a balanced market that leans only slightly toward sellers and that financing costs at ~6.71% may temper aggressive buyer behavior.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.