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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 limited inventory and rapid selling pace. Homes are moving faster than new supply is coming in, giving you pricing leverage if you act strategically.

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
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Data provided by Altos
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Months of Inventory
1.44
Down to 1.44 months, well below the 4-month buyer threshold. Down -0.08 mo in 1mo and -0.09 mo YoY—supply tightening.
Days on Market
28 days
Median time to sale is just 28 days, down from 35 last August. Fast-moving market means active homes don't linger.
Median Home Price
$610K
Holding steady at $610K after dipping in early 2026. Up +2.4K YoY from $608K; modest stability supports your offer.
New Listings
80.08
80 new listings monthly keep pace with 81 sales. Fresh inventory arriving means more choice and better negotiating angles.
What This Means

Move now, not later.

Inventory is lean and homes sell in under a month. Waiting means less selection and potentially higher prices. New listings are arriving steadily, but they're absorbed almost as fast. Lock in your purchase now while you still have leverage and options to choose from.

Honest Caveats

Price per square foot is climbing—up to $282 from $264 year ago. Rising cost per sqft means the market is pricing in value gains, so waiting won't necessarily save you money.

See homes for sale in Virginia Beach, VA
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Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: August 2025 - August 2026 Market Data
Updated August 22, 2026