Is Virginia Beach, VA 23451 a buyer’s or seller’s market?
Virginia Beach is a seller’s market. With about 3.1 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score38/ 100
More competitive than 36% of U.S. ZIP codes, and #296 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply3.1Under 4 months = seller’s market
Sold above original list14.7%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$349▼ −2.8% vs. last year
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Nearby markets
Virginia Beach 23452Seller’s market $250 /sq ftVirginia Beach 23453Seller’s market $234 /sq ftVirginia Beach 23454Seller’s market $262 /sq ftVirginia Beach 23455Seller’s market $247 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology