Central Business District · Virginia Beach Town Center
Data as of February 2026. Source: Realtor.com.
The VIRGINIA BEACH, VA real estate market (23462) currently shows 64 active listings, with 1 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 25 days on market compared to 30 days last year.
The median listing price has risen 0.7% year-over-year, from $315,750 to $318,000.
Whether you are buying or selling in VIRGINIA BEACH, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 68,499 · Density: 2,398.1/mi² · Median household income: $69,375
Typical home value: $258,565 · Homeownership: 50.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23462 | Virginia Beach, VA 23462 | 0.0 mi | 76 | $36,130,400 | $330,000 | $475,400 |
| 23450 | Virginia Beach, VA 23450 | 3.2 mi | 1 | $200,000 | $200,000 | $200,000 |
| 23455 | Virginia Beach, VA 23455 | 3.7 mi | 69 | $38,448,939 | $463,750 | $557,231 |
| 23325 | Chesapeake, VA 23325 | 5.1 mi | 18 | $5,699,880 | $299,999 | $316,660 |
| 23513 | Norfolk, VA 23513 | 6.1 mi | 48 | $14,308,368 | $292,500 | $298,091 |
| 23518 | Norfolk, VA 23518 | 6.6 mi | 88 | $44,206,008 | $395,000 | $502,341 |
| 23509 | Norfolk, VA 23509 | 6.9 mi | 28 | $9,176,608 | $281,450 | $327,736 |
| 23320 | Chesapeake, VA 23320 | 6.9 mi | 95 | $41,889,300 | $425,000 | $440,940 |
| 23510 | Norfolk, VA 23510 | 7.8 mi | 40 | $16,822,480 | $327,250 | $420,562 |
| 23451 | Virginia Beach, VA 23451 | 8.3 mi | 136 | $135,012,776 | $695,000 | $992,741 |
| 23704 | Portsmouth, VA 23704 | 8.9 mi | 67 | $16,890,700 | $259,900 | $252,100 |
| 23505 | Norfolk, VA 23505 | 9.4 mi | 45 | $17,479,440 | $325,000 | $388,432 |
| 23503 | Norfolk, VA 23503 | 9.8 mi | 67 | $29,425,864 | $350,000 | $439,192 |
As of February 2026, there are 64 active listings in VIRGINIA BEACH, VA (zip code 23462), compared to 93 the prior year.
The median listing price in VIRGINIA BEACH, VA 23462 is $318,000 as of February 2026, a 0.7% increase from $315,750 the prior year.
Homes in VIRGINIA BEACH, VA 23462 spend an average of 25 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of February 2026, VIRGINIA BEACH, VA 23462 is currently a Seller's Market. Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 25 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in VIRGINIA BEACH, VA 23462 save an estimated $6,360 compared to a typical 5% commission on the median listing price of $318,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.