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

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

This is a buyer's market with tight inventory and moderate pace. Homes are moving faster, giving you negotiating leverage before competition tightens.

Median Price

Midpoint listing price across the market. The single most important benchmark for understanding overall market value and tracking price trends over time.
Market Data
Loading…
CTRL+Click to display two data sets
Data provided by Altos
Loading…
Months of Inventory
1.39
Down to 1.39 months, well below the 4-month buyer threshold. Supply remains tight, indicating limited negotiating leverage.
Days on Market
28 days
Improved to 28 days, down from 49 days in Jan. Faster-moving market means act decisively to avoid being outbid.
Median Home Price
$610K
Up to $610K from $568K in Jan; +7.4% YoY. Prices rising—waiting means paying more. Lock in rates now.
Price Per Sq Ft
$283
Up +7.2% YoY to $283/sqft. Per-foot value climbing. Every month delayed increases your total cost of entry.
What This Means

Lock in your rate and price now.

Inventory is shrinking and prices are rising fast. The window to buy at lower per-foot value is closing. Fresh listings are coming at higher asking prices, and homes are selling in weeks, not months. Move decisively.

Honest Caveats

Days-on-market improvement is notable, but it masks underlying weakness: inventory dropped 11% in just one month. Fewer homes for sale means fewer choices and less negotiating room, especially at higher price points.

See homes for sale in Virginia Beach, VA
Image
Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: August 2025 - August 2026 Market Data
Updated August 14, 2026