Virginia Beach, VA metro area Housing Market Brief
metro · VA · as of August 2026
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.
Where is Virginia Beach, VA metro area in its market cycle?
Virginia Beach, VA metro area is classified as Mature — holding near a healthy peak. 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 3.0% 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
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $389K | ▲ +5.1% |
| Median Days on Market | 39 days | 0% |
| Months of Supply | 2.7 | 0% |
| Homes for Sale | 5,502 | ▼ -1.6% |
| Homes Sold | 2,161 | ▲ +0.3% |
| Median Price / Sq Ft | $217 | ▲ +2% |
How has Virginia Beach, VA metro area’s Alpha Score moved?
Markets like Virginia Beach, VA metro area
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- Lawrence, KS metro area, KSmetro47
- Wilmington, DE metro area, DEmetro50
- Shreveport, LA metro area, LAmetro49
- Camden, NJ metro area, NJmetro56
- Albany, NY metro area, NYmetro59
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Frequently asked questions
Is Virginia Beach, VA metro area a buyer's or seller's market?
As of August 2026, Virginia Beach, VA metro area is classified as a Balanced Market, based on its Alpha Score of 54 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 $389K, having risen 5.1% over the past year.
How affordable is Virginia Beach, VA metro area?
Virginia Beach, VA metro area scores 39 out of 100 on affordability — relatively unaffordable 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 (77/100) and its weakest is Inventory Health (38/100). 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.