52Alpha

Virginia Beach, VA metro area Housing Market Brief

metro · VA · as of July 2026

Balanced

What is Virginia Beach, VA metro area’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%
72
Inventory Health25%
33
Affordability20%
40
Economic Strength20%
63
Rental Yield15%
60

Where is Virginia Beach, VA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Virginia Beach, VA metro area is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Virginia Beach, VA metro area?

Our model forecasts Virginia Beach, VA metro area’s home prices to rise about 4.9% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Virginia Beach, VA metro area housing market data

MetricValueYoY
Median Sale Price$383K▲ +5.6%
Median Days on Market37 days-2.6%
Months of Supply2.2-15.4%
Homes for Sale5,192-5%
Homes Sold2,410▲ +11.5%
Median Price / Sq Ft$216▲ +3.3%

How has Virginia Beach, VA metro area’s Alpha Score moved?

Now: 52
12-period trend
Median sale price · 12 mo

Markets like Virginia Beach, VA metro area

Frequently asked questions

Is Virginia Beach, VA metro area a buyer's or seller's market?

As of July 2026, Virginia Beach, VA metro area is classified as a Balanced Market, based on its Alpha Score of 52 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Virginia Beach, VA metro area?

The median sale price in Virginia Beach, VA metro area is $383K, having risen 5.6% over the past year.

How affordable is Virginia Beach, VA metro area?

Virginia Beach, VA metro area scores 40 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Virginia Beach, VA metro area's Alpha Score?

Virginia Beach, VA metro area's strongest dimension is Price Momentum (72/100) and its weakest is Inventory Health (33/100). The Alpha Score is a weighted blend of all five dimensions.

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