Market Overview
Home Prices in Virginia Beach, VA
The median home value in Virginia Beach, VA is $432,734 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Virginia Beach are priced6% above average. Virginia Beach is part of the Virginia Beach-Norfolk-Newport News, VA-NC metro area.
Over the past five years, Virginia Beach home values have risen by approximately25.3%, reflecting strong long-term appreciation in this market.
Price History
Virginia Beach Home Price Trend
City Comparison
Virginia Beach vs. National Median
At $432,734, homes in Virginia Beach cost 6% above the national median of $410,000. Buyers in Virginia Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Virginia Beach?
20% Down Payment
$86,547
on $432,734
Monthly P&I
$2,257/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,866/mo
incl. taxes & insurance
Income Needed
$114,640
gross annual (30% rule)
10% Down Option
$43,273
+ PMI applies
Loan Amount (20% dn)
$346,187
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Virginia Beach, VA?
The median home value in Virginia Beach is $432,734 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Virginia Beach?
Over the past year, home values in Virginia Beach have increased by 3.2%. Over five years, prices have risen approximately 25.3%.
How much do I need to earn to buy a home in Virginia Beach?
To comfortably afford the median home price of $432,734 with a 20% down payment ($86,547) at today's rates (6.8%), you'd need a gross annual income of approximately $114,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Virginia Beach compare to the national average home price?
The national median home value is approximately $410,000. At $432,734, homes in Virginia Beach are 6% above the national average.
What metro area is Virginia Beach part of?
Virginia Beach is part of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area. Home prices and market conditions can vary across the broader metro region.