Veterans United in
Virginia Beach-Chesapeake-Norfolk, VA
in the VA, NC metro area
The Virginia Beach housing market in August has strengthened compared to last year with the median home price around $439,100 — up 5.8% from last year. Homes for sale in Virginia Beach* now spend an average of 37 days on the market, and nearly 31% sell below asking price, giving buyers more negotiating power.
Just a few of the 822,879 Veterans we've helped get into homes.
18,727 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 July 2026
Median Days on Market
37 days
Homes are staying on the market 12.12% longer than last month.
Average Listing Price
$561,659
Average home prices are up 0.03% since last month.
Active Listings
5,234 homes
Number of houses on the market are up 2.76% since last month.
Homes in the Virginia Beach region sell at a moderate pace.
31% of listings reduced price last month.
3,018
New listings
Down 2.4% from last month
5,234
Active listings
Up 2.8% 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
Sep 2022
Oct 2022
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
Listing Price
$348,950
$359,500
$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
Month
Sep 2022
Oct 2022
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
Active Listings
3,652
3,564
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
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
Sep 2022
Oct 2022
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
Median Days on Market
37
38
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
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
Sep 2022
Oct 2022
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
Hotness Score
52.1739
50.3344
54.0134
54.3478
56.8562
56.1873
51.1706
54.5151
54.6823
54.8495
53.5117
56.1873
49.8328
45.4849
52.6756
52.1739
54.3478
54.1806
53.8462
52.3411
50.8361
54.1806
55.5184
54.3478
46.4883
48.495
49.1639
55.8528
55.3512
53.01
49.4983
49.6656
48.495
49.8328
51.0033
50
47.1572
46.4883
48.8294
53.8462
53.3445
53.01
51.8395
48.9967
49.3311
48.8294
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 2,446 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.
Billy and his team were incredible. They were always available to answer questions and made the entire process easy and understandable.
Joseph M. | Marine Corps
Verified Customer
Kevin and his team were amazing yet again. This is my second home loan with him and veterans united and I will most likely be coming back again.
Brian H. |
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
Our loan officers, Marlon and Tori were very helpful to my wife and I throughout the process. They let us know whenever we needed to submit any documents and kept us up to date when there were delays due to underwriting. Marlon and Tori worked extremely hard to make sure we were able to get the loan...
Shaun H. | Other VA Eligibility
Verified Customer
Aaron and his team were very attentive and answered all my questions in detail. I took time to decide whether to refinance with VU or switch. Hands down it was the customer service that brought me to my conclusion and stay with VU. Also they are realistic and will be honest with your affairs. That m...
Heather D. | Army
Verified Customer
Jeff and his team has been outstanding since the very first call. I never felt lost in the process as far as financing was concerned. Jeff was very proactive in tackling any issues and got me to the closing table more smoother then an apartment rental can lease. Yes I recommend because VA United is ...
Shawn C. | Army
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
Our experience working with Ellis and his team was so great. He always answered my continuous questions with kindness and never made me feel “less than” or a bother. Once we went under contract, he and Curtis moved everything through so quickly and smoothly. We are so grateful and love our new h...
Val P. | Marine Corps
Verified Customer
Veterans United made buying my first home incredibly easy. As a 22 year old, I knew almost nothing about the home buying process, but their team made everything simple, straightforward, and stress free. They guided me through every step with clear recommendations and were always available to answer ...
Nicholas S. | Navy
Verified Customer
I have used Veterans United two times with excellent service. I highly recommend them.
Lamarr P. | Navy
Verified Customer
I'm very glad I chose Veterans United to purchase my first home. The whole home buying process seemed very overwhelming but they somehow made it understandable in bite size pieces. I was super anxious and lost at the beginning and they held my hand at each step. With their insurance brokerage, I fou...
Rhianna H. | Air Force
Verified Customer
Derek Harmon, Travis Crowley, and Megan Rector were my team, and to say they helped me would be a total understatement. Not only did they help me, but they understood my needs and frustrations. They answered every question I had from day one — they always had the answer. They were also always reac...
Jaime L. | Navy
Verified Customer
If i could go back in time i wouldn’t change a thing! Melissa Kunkel’s team and Veterans United were amazing to work with. Their experience and expertise was way above expectations, and they not only made us feel confident and comfortable buying a home, but they also made it SUPER EASY! 10/10
*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.
Enter to win $75,000 toward your new home!No purchase necessary; see official rules for details.
2026 Home Field Advantage $75K Veteran Homebuyer Giveaway
1. realtor.com is hosting and helping to administer and promote the sweepstakes.
2. NMLS #1907 (nmlsconsumeraccess.org). Not affiliated with Dept. of Veterans Affairs or any government agency.
3. May be subject to tax withholding. See Official Rules for details.
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