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VIRGINIA BEACH, VA 23464

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The VIRGINIA BEACH, VA real estate market (23464) currently shows 64 active listings. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 30 days last year.

The median listing price has risen 4.3% year-over-year, from $388,450 to $405,000.

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.

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Market Context

Market Context

Population: 76,131  ·  Density: 1,763.6/mi²  ·  Median household income: $90,535

Typical home value: $315,109  ·  Homeownership: 70.0%

Market Overview

Active Listings
64
⇩ 14.7% vs 75 last year
Pending
0
0% pending ratio
Median Price
$405,000
⇧ 4.3% vs $388,450 last year
Average Price
$420,034
⇧ 2.8% vs $408,689 last year
Days on Market
28
⇩ 6.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$229
⇧ 5% vs $218/sqft last year
Median Home Size
1,757 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 75 last year
  • Days on market: 28 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $405,000 (+4.3% YoY)
  • Average: $420,034 (+2.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 456 listings ($197,349,213 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23464Virginia Beach, VA 234640.0 mi73$31,454,021$424,500$430,877
23325Chesapeake, VA 233253.5 mi18$5,699,880$299,999$316,660
23502Norfolk, VA 235024.8 mi25$10,047,150$357,500$401,886
23523Norfolk, VA 235235.7 mi12$3,965,508$330,000$330,459
23450Virginia Beach, VA 234505.7 mi1$200,000$200,000$200,000
23504Norfolk, VA 235046.3 mi50$15,550,500$287,250$311,010
23513Norfolk, VA 235137.2 mi48$14,308,368$292,500$298,091
23509Norfolk, VA 235097.4 mi28$9,176,608$281,450$327,736
23517Norfolk, VA 235178.0 mi11$3,461,832$292,450$314,712
23507Norfolk, VA 235078.3 mi21$9,285,234$250,000$442,154
23454Virginia Beach, VA 234548.8 mi81$60,058,989$425,000$741,469
23508Norfolk, VA 235089.4 mi43$16,661,683$364,900$387,481
23505Norfolk, VA 2350510.2 mi45$17,479,440$325,000$388,432

Frequently Asked Questions

How many homes are for sale in VIRGINIA BEACH, VA 23464?

As of February 2026, there are 64 active listings in VIRGINIA BEACH, VA (zip code 23464), compared to 75 the prior year.

What is the median home price in VIRGINIA BEACH, VA 23464?

The median listing price in VIRGINIA BEACH, VA 23464 is $405,000 as of February 2026, a 4.3% increase from $388,450 the prior year.

How long do homes stay on the market in VIRGINIA BEACH, VA?

Homes in VIRGINIA BEACH, VA 23464 spend an average of 28 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in VIRGINIA BEACH, VA 23464?

Based on current inventory and days-on-market data as of February 2026, VIRGINIA BEACH, VA 23464 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 28 days on market compared to 30 days last year.

How much can I save on real estate commission in VIRGINIA BEACH, VA?

With SELL123.com's maximum 3% commission, sellers in VIRGINIA BEACH, VA 23464 save an estimated $8,100 compared to a typical 5% commission on the median listing price of $405,000. 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.