Veterans United in
Virginia Beach-Chesapeake-Norfolk, VA
in the VA, NC metro area
The Virginia Beach housing market in October has strengthened compared to last year with the median home price around $434,000 — up 5.1% from last year. Homes for sale in Virginia Beach* now spend an average of 40 days on the market, and nearly 35% sell below asking price, giving buyers more negotiating power.
Just a few of the 834,154 Veterans we've helped get into homes.
19,070 Veterans in the Virginia Beach-Chesapeake-Norfolk, VA-NC area alone!
Based on Veterans United and Veterans United Realty's internal data.
Jabril M. | U.S. Army
Jessica L. | U.S. Coast Guard
Joshua D. | U.S. Army
Mark L. | U.S. Navy
Reginald F. | U.S. Air Force
Whitney S. | U.S. Marine Corps
Rhianna H. | U.S. Air Force
Virginia Beach Metro Housing Market in September 2026
Median Days on Market
40 days
Homes are staying on the market 3.9% longer than last month.
Average Listing Price
$554,182
Average home prices are down 0.99% since last month.
Active Listings
5,712 homes
Number of houses on the market are up 5.66% since last month.
Homes in the Virginia Beach region sell at a moderate pace.
35% of listings reduced price last month.
2,840
New listings
Up 3.1% from last month
5,712
Active listings
Up 5.7% from last month
VA Loan Market Share
40.4% of originations last year were VA loans.
14,246
Sold last year
1/2
Were VA loans
Virginia Beach Area
Own vs Rent Trends
A higher share of owner-occupied homes often reflects stronger long-term ties to the community, since homeowners are more likely to stay in one place and invest in their neighborhoods. By contrast, areas with a larger renter population may be more transient, offering flexibility but sometimes less stability in housing markets.
It could also be an indication of market health, as affordable markets often have higher owner-occupancy rates.
The home listing price-to-income ratio in the Virginia Beach area is 5.5
The ratio compares how expensive homes are in Virginia Beach relative to household income. A higher ratio means homes cost more compared to what people earn.
A healthy price-to-income ratio is generally around 3 times your household's annual income (or less), but higher ratios can be sustainable depending on your rate, DTI, and more.
Median Home Prices by Neighborhood in the Virginia Beach Region
This section breaks down median home prices by neighborhood. Use these insights to see where housing costs trend higher or lower, and to better understand the market at the zip code level.
The Virginia Beach metro median income is $79,325.
Explore Virginia Beach Area Neighborhoods
See how median home prices in individual Virginia Beach neighborhoods compare to the overall metro median.
View this chart to learn about the median listing price and the number of active listings in Virginia Beach over time.
Month
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Listing Price
$359,400
$359,900
$365,000
$371,522
$373,463
$384,000
$386,973
$395,000
$394,900
$383,600
$379,500
$374,450
$377,000
$379,000
$375,000
$384,504
$391,410
$390,000
$395,000
$399,000
$399,846
$392,800
$390,000
$393,115
$389,900
$387,450
$389,450
$392,500
$399,966
$409,950
$415,000
$415,000
$415,000
$413,000
$410,000
$407,000
$400,000
$399,900
$399,900
$400,000
$412,500
$425,000
$436,000
$439,100
$439,000
$434,000
Month
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Active Listings
3,669
3,389
3,035
2,843
2,749
2,776
2,778
2,927
3,056
3,694
3,556
3,487
3,623
3,463
3,141
3,106
3,142
3,242
3,547
3,746
4,072
4,438
4,494
4,533
4,645
4,109
3,809
3,921
3,944
4,271
4,481
4,809
5,020
5,093
5,033
4,933
4,946
4,390
3,987
3,934
4,235
4,441
5,093
5,234
5,406
5,712
Median Days on Market
Days on Market
This chart shows the median days on market for active listings over time. In other words: how quickly homes move in the market. A declining rate means rising competition among buyers, while an increase means listings are sitting longer.
Month
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Median Days on Market
40
50
54
40
39
30
29
29
33
31
36
39
38
45
50
36
34
32
30
31
34
36
41
43
44
47
52
39
38
35
36
38
39
41
44
44
45
51
57
40
36
35
33
37
39
40
Market Hotness Score
Market Hotness
Based on Realtor.com's Market Hotness Index, this measure reflects how competitive the housing market is by comparing buyer demand with available inventory. Rising hotness scores point to more competition, while declining scores signal cooling conditions.
Month
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Jan 2026
Feb 2026
Mar 2026
Apr 2026
May 2026
Jun 2026
Jul 2026
Aug 2026
Hotness Score
54.0134
54.3478
56.8562
56.1873
51.3378
54.5151
54.6823
54.8495
53.5117
56.5217
49.8328
45.4849
52.6756
52.1739
54.3478
54.1806
53.8462
52.3411
50.8361
54.1806
55.5184
54.5151
46.6555
48.495
49.1639
56.0201
55.8528
53.1773
49.8328
49.6656
48.6622
50
51.1706
50.1672
47.3244
46.6555
48.9967
54.1806
53.3445
53.01
51.6722
48.8294
49.4983
48.8294
50.8361
49.4983
Pending Homes-for-Sale %
Percentage of Homes Sold per Month
This chart shows the percentage of homes that sold each month, highlighting buyer demand and long-term market trends. In most markets, around 20% of listings selling each month is considered balanced. Higher percentages point to a strong sellers' market, while lower percentages indicate more favorable conditions for buyers.
Largest overall VA lender (purchase and refinance) for four consecutive years.
More VA purchase loans than any other lender for the past 10 consecutive years
Over the last six fiscal years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.
We have 2,299 Veterans ready to buy your home right now!
VA buyers moving to the Virginia Beach area should work with someone who knows the seven cities inside and out, especially when buying from a different duty station. While the VA loan doesn't require a down payment, closing costs still apply unless covered by the seller. Being prepared with cash on hand can make a big difference in competitive situations.
Matt S.Veterans United Network Realty Agent
1-800-985-5723 | 1512 Heriford Road, Columbia, MO 65202. Not affiliated with any government agency including the VA. Missouri Licensed Real Estate Brokerage; for license information, visit VeteransUnitedRealty.com. Equal Housing Opportunity.
Start Your VA Loan With Veterans United
Not sure where to begin? Whether you're stationed nearby or planning to move near Virginia Beach, we’ll help you understand what to expect.
Ross and his team was highly professional, kind, and hard working. if it wasn’t for their timely responses and hard work, i wouldn’t have closed on my house in just only a month! thank you veterans united!!!!!
Zarrieya P. | Navy
Verified Customer
Our loan officer, Harry Basnight, was excellent to work with! He was knowledgeable and helped us navigate the home buying process as first timers. He negotiated low rates on our behalf and was available and communicative throughout the experience. His commitment to his work and his clients is eviden...
Jeremy-Edward J. | Navy
Verified Customer
The whole process was very smooth. Really enjoyed working directly with Alex. The whole team was great.
Ronald B. | Air Force
Verified Customer
I truly cannot say enough good things about Harry Basnight and his team at Veterans United. From start to finish, Harry absolutely crushed it.He was professional, knowledgeable, responsive, and ALWAYS available when I had a question — or one of my routine home-buying meltdowns. 😂 He never made ...
Sara Z. | Army
Verified Customer
Robert and his team have been amazing. He’s answered all my questions and kept superb rate tracking which made buying our home extremely smooth. The app is very nice completing task but could use adjustments with viewing documents. At least on my IPhone, the mobile view was weird and you can’t z...
Siani B. | Navy
Verified Customer
⭐⭐⭐⭐⭐I honestly cannot say enough amazing things about Drew Tillman! My wife and I were going through a military PCS move, and with such a limited amount of time to get everything figured out, buying a home could have easily been one of the most stressful experiences we've faced. Thankfull...
Charles D. | Air Force
Verified Customer
The whole team at VU were very professional and helpful! This was the third mortgage that I worked with VU! Great job!
Thank you!
Timothy D. | Air Force
Verified Customer
Rob, John and Tina were excellent to work with. They understood our concerns and answered all our questions and made this a smooth and easy process. I would definitely recommend them to all veteran friends.
Susan D. | Army
Verified Customer
If you’re trying to buy a home and scared by the whole process. Don’t worry Wendy will make it painless and quick. Any questions you have she will answer them quickly. She really makes your journey to home ownership easier than renting. I advise all Vets to reach out to her and stop waiting.
Terrence M. | Navy
Verified Customer
Everything in this process was seamless and the members of the Veterans United team are top notch.
Michael M. | Navy
Verified Customer
Great team that made home buying hassle free and went above and beyond to help wherever and did great on explaining and walking through the home buying process. 11/10 recommend VU
Gaberial H. | Marine Corps
Verified Customer
10/10 experience with Veterans United. Buying my first home was a huge milestone for me, and I honestly couldn’t have asked for a better team to help me through the process. From the very beginning, they made me feel supported, informed, and confident that everything was being handled the right wa...
Nicholas S. | Navy
Verified Customer
Dave Michaud and his team at Veterans United are phenomenal, and exhibited strong business acumen throughout the entire loan process. I am completely satisfied with everything they have done for me. I will certainly refer them to other fellow veterans.
*Unless stated otherwise, data for the metro refers to the CBSA ("Core-Based Statistical Area"), the defined geography that makes up the surrounding metropolitan and micropolitan areas.
Estimate Accuracy Rating
Start Here: 0% Down VA Home Loans
2,541
Veterans started their VA Loan today.
Cookies and Related Technologies
Notice of Right to Opt-Out of Sale/Sharing
Your Privacy Choices
You can always choose to opt out of us sharing your name, email address, or other personal information with third parties for advertising purposes.
Cookies are small text files that store bits of information (such as usernames or preferences) to help recognize your device. We use cookies to keep our site running properly and to enhance your experience.
You can manage your cookie preferences at any time, including turning off advertising cookies. Please note that disabling some cookies may impact your experience on the site. Essential cookies, which are necessary for basic site functions, cannot be turned off.
