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BUYER BRIEFING Virginia Beach, VA
Virginia Beach, VA Market Analysis

Yes! now is a smart time to buy in Virginia Beach, VA.

Single-family homes sit in a strong seller's market with only 1.52 months of supply — but days on market have been falling steadily, meaning windows to negotiate are closing fast.

Median Market Action

An index of market activity pace. Values above 30 generally favor sellers and below 30 favor buyers — a quick health check.
Median Market Action Single Family (Sep 2025 – Aug 2026)
Median Market Action Single Family (Sep 2025 – Aug 2026) in VIRGINIA BEACH, VA — latest: 48.64 (Aug 2026)
Price & Value
Counts & Metrics
Percentages
CTRL+Click to display two data sets
Data provided by Altos
Median Market Action: An index of market activity pace. Values above 30 generally favor sellers and below 30 favor buyers — a quick health check.
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Market Action Index
48.64
At 48.64, Virginia Beach single-family homes are firmly in seller's market territory (>30). Down from 55.87 in June, but still 0.6% above last September — act before momentum rebuilds.
Months of Inventory
1.52 mo
Only 1.52 months of supply — well below the 4-month buyer threshold. Flat vs 3 months ago (1.25 mo) and essentially unchanged YoY, signaling sustained tight supply with no relief in sight.
Median Days on Market
28 days
Homes selling in just 28 days — down sharply from 42 days in March and 35 days YoY. This 3-month drop signals buyers must be ready to move quickly or lose out to competing offers.
Price Per Sq Ft
$279
At $279/sq ft, prices are up +3.4% from $270 in March and +1.7% vs $274 last September. Buying now locks in today's per-foot cost before further appreciation adds to your purchase price.
What This Means

The Window Is Open — But Not for Long

Supply is razor-thin at 1.52 months and homes are moving in 28 days. The slight summer softening in market action is your best entry point in months — if you wait for spring, competing buyers and tighter inventory will likely push prices higher.

Honest Caveats

Median list prices have dipped from $620K in May to $600K in August — a mild 3-month pullback that suggests some pricing softness. If rates stay elevated, that softness could continue, giving patient buyers modest negotiation room on list price.

See homes for sale in Virginia Beach, VA
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Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: September 2025 - September 2026 Market Data
Updated September 9, 2026