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

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

Virginia Beach is a strong seller's market with only 1.52 months of inventory — but days on market are falling fast, signaling the window to act on current listings is narrowing.

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, this is firmly a seller's market (>30). Up from 48.37 a year ago, demand has held strong — act before competition tightens further.
Months of Inventory
1.52 months
Only 1.52 months of supply — deep seller's territory. Inventory has risen from 1.25 in June, giving buyers a rare, brief window of slightly more options.
Median Days on Market
28 days
Homes are selling in just 28 days, down sharply from 42 days in March 2026 and 35 days YoY — the pace is accelerating, so hesitation costs you deals.
Price Per Sq Ft
$279
Price per sq ft is $279, up +3.4% vs. 3mo ago ($270) and up +1.7% YoY ($275). Buying now locks in today's rate before per-foot costs climb further.
What This Means

Conditions Favor Moving Now, Not Later

With under 1.6 months of supply and homes gone in 28 days, Virginia Beach rewards decisive buyers. Prices and per-foot costs are both rising — every month you wait likely means paying more for the same home. Get pre-approved and make your move.

Honest Caveats

Median list price has dipped from $620K in May to $600K in August — a mild softening that gives negotiation room on some listings. Price-cut rates are also ticking up slightly (33% of listings), so targeted offers below ask can still work.

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 12, 2026