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

Why now is the right time to buy in Virginia Beach, VA.

Virginia Beach is a strong seller's market with the Market Action Index at 48.64 — but prices have softened from their spring peak, giving buyers a rare entry window before competition tightens again.

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.
Loading…
Market Action Index
48.64
Seller's market territory at 48.64, but down from a peak of 56.54 in Apr — momentum is easing, giving buyers more leverage right now.
Median List Price
$600K
Down from $619K peak in May, off -3.2% in 3mo. Prices are softer now than spring — lock in before the next seasonal run-up.
Days on Market
28 days
Median DOM held steady at 28 days for 4 straight months, down sharply from 42–49 days in Jan–Mar — homes move fast, act decisively.
Price Per Sq Ft
$279
Up +3.4% from $270 in Mar and +1.7% YoY vs $275 last Sep — per-foot value is climbing steadily; buying now costs less than waiting.
What This Means

Prices are off their peak — but the window won't stay open long.

With median prices dipping to $600K from a $620K spring high and days on market holding at just 28 days, you have a brief chance to buy below peak pricing in a market that consistently rewards owners. Every month you wait, per-foot values inch higher.

Honest Caveats

Inventory has risen 66% since March (284 to 472 homes), giving you more choices but also signaling sellers may face more competition ahead. If inventory keeps climbing, prices could soften further — though supply at 1.52 months remains extremely tight by any measure.

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