36Alpha

Virginia Beach-Norfolk-Newport News, VA Housing Market Brief

metro · VA · as of May 2026

Buyer's

What is Virginia Beach-Norfolk-Newport News, VA’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
50
Inventory Health25%
4
Affordability20%
23
Economic Strength20%
-3.561
Rental Yield15%
52

Where is Virginia Beach-Norfolk-Newport News, VA in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Virginia Beach-Norfolk-Newport News, VA is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Virginia Beach-Norfolk-Newport News, VA housing market data

MetricValueYoY
Median Days on Market35 days0%

How has Virginia Beach-Norfolk-Newport News, VA’s Alpha Score moved?

Now: 36
3-period trend

Markets like Virginia Beach-Norfolk-Newport News, VA

Frequently asked questions

Is Virginia Beach-Norfolk-Newport News, VA a buyer's or seller's market?

As of May 2026, Virginia Beach-Norfolk-Newport News, VA is classified as a Buyer's Market, based on its Alpha Score of 36 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

How affordable is Virginia Beach-Norfolk-Newport News, VA?

Virginia Beach-Norfolk-Newport News, VA scores 23 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Virginia Beach-Norfolk-Newport News, VA's Alpha Score?

Virginia Beach-Norfolk-Newport News, VA's strongest dimension is Economic Strength (61/100) and its weakest is Inventory Health (4/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Virginia Beach-Norfolk-Newport News, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.