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Lakeview Shores

VIRGINIA BEACH, VA 23455

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The VIRGINIA BEACH, VA real estate market (23455) currently shows 76 active listings, with 1 pending sales. Homes are averaging 20 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 20 days on market compared to 29 days last year.

The median listing price has risen 13.6% year-over-year, from $415,000 to $471,250.

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: 50,665  ·  Density: 1,289.0/mi²  ·  Median household income: $82,977

Typical home value: $373,957  ·  Homeownership: 61.0%

Market Overview

Active Listings
76
⇧ 28.8% vs 59 last year
Pending
1
1% pending ratio
Median Price
$471,250
⇧ 13.6% vs $415,000 last year
Average Price
$579,822
⇧ 1.8% vs $569,433 last year
Days on Market
20
⇩ 31% vs 29 days last year

Price Per Square Foot

Median $/sqft
$253
⇧ 5.9% vs $239/sqft last year
Median Home Size
1,836 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 76 this year vs 59 last year
  • Days on market: 20 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $471,250 (+13.6% YoY)
  • Average: $579,822 (+1.8% 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 11.3 miles — 550 listings ($243,025,923 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23455Virginia Beach, VA 234550.0 mi65$37,910,210$481,850$583,234
23502Norfolk, VA 235024.1 mi29$11,410,398$342,500$393,462
23450Virginia Beach, VA 234504.2 mi1$699,000$699,000$699,000
23513Norfolk, VA 235135.2 mi57$17,493,471$304,450$306,903
23464Virginia Beach, VA 234646.7 mi64$26,882,176$405,000$420,034
23325Chesapeake, VA 233257.4 mi20$9,582,400$340,000$479,120
23454Virginia Beach, VA 234547.6 mi77$60,135,845$427,493$780,985
23523Norfolk, VA 235238.1 mi14$4,144,252$277,500$296,018
23505Norfolk, VA 235058.3 mi46$19,165,762$318,825$416,647
23510Norfolk, VA 235108.6 mi39$15,795,351$298,750$405,009
23508Norfolk, VA 235089.1 mi33$12,000,318$349,950$363,646
23704Portsmouth, VA 2370410.3 mi68$17,330,412$259,700$254,859
23707Portsmouth, VA 2370711.3 mi37$10,476,328$280,950$283,144

Frequently Asked Questions

How many homes are for sale in VIRGINIA BEACH, VA 23455?

As of March 2026, there are 76 active listings in VIRGINIA BEACH, VA (zip code 23455), compared to 59 the prior year.

What is the median home price in VIRGINIA BEACH, VA 23455?

The median listing price in VIRGINIA BEACH, VA 23455 is $471,250 as of March 2026, a 13.6% increase from $415,000 the prior year.

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

Homes in VIRGINIA BEACH, VA 23455 spend an average of 20 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in VIRGINIA BEACH, VA 23455?

Based on current inventory and days-on-market data as of March 2026, VIRGINIA BEACH, VA 23455 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 20 days on market compared to 29 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 23455 save an estimated $9,425 compared to a typical 5% commission on the median listing price of $471,250. 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.