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$345,000
Median Price
+3.8%
YoY Change
892
Active Listings
22
Avg DOM
Virginia Beach's housing market is balanced heading into spring 2026, with a median price of $345,000 and 3.8% year-over-year growth. The city benefits from constant military housing demand near Naval Air Station Oceana and Joint Expeditionary Base Little Creek, combined with a strong tourism economy along the oceanfront. Inventory at 2.1 months of supply gives both buyers and sellers room to negotiate, though waterfront and military-adjacent properties move faster.
$345,000
Median Sale Price
98.4%
List-to-Sale Ratio
2.1 mo
Months of Inventory
$195
Price / Sq Ft
Tracking median price, inventory, and days on market over the past six months in Virginia Beach.
How each Virginia Beach neighborhood is performing in the current market.
| Neighborhood | Median Price | YoY Change | Avg DOM | Inventory |
|---|---|---|---|---|
| Oceanfront | $520,000 | +2.5% | 28 days | 65 |
| Town Center | $410,000 | +4.2% | 16 days | 42 |
| Great Neck | $485,000 | +3.1% | 18 days | 38 |
| Kempsville | $310,000 | +4.8% | 15 days | 98 |
| Pungo | $425,000 | +5% | 24 days | 45 |
| Sandbridge | $680,000 | +1.8% | 35 days | 28 |
| Red Mill | $395,000 | +3.9% | 14 days | 52 |
| Hilltop | $365,000 | +3.5% | 19 days | 48 |
Based on current inventory, days on market, and list-to-sale ratios.
Months of Inventory
2.1
List-to-Sale Ratio
98.4%
Avg Days on Market
22 days
Virginia Beach should see moderate appreciation of 3-4% through 2026. Military housing demand stays constant, and the oceanfront market has its own seasonal rhythms. Expect increased inventory in spring and summer with tighter supply in winter. New development in the Town Center area will add mixed-use options at higher price points.
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Yes. Virginia Beach has high BAH rates, constant demand for housing near NAS Oceana and Little Creek, and a strong VA loan market. Properties near military installations hold value well and rent quickly when owners PCS.
Kempsville ($310K median) and the inland neighborhoods offer the most affordable options. Red Mill and Hilltop provide a balance of value and amenities. The Oceanfront and Sandbridge command premium prices for waterfront access.
Rental demand is strong year-round due to military rotations and a steady population. Seasonal vacation rentals in Sandbridge and the Oceanfront can generate significant income during summer months. Long-term rentals near military bases rarely sit vacant.
Whether you are buying, selling, or investing in Virginia Beach, Settle's data-driven approach gives you the edge in today's market.