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VIRGINIA BEACH, VA 23457

Real Estate Market Report
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇧ 118.2% vs 11 last year
Pending
0
0% pending ratio
Median Price
$733,600
⇩ 4.8% vs $770,750 last year
Average Price
$866,015
⇧ 1.6% vs $852,341 last year
Days on Market
61
⇧ 19.6% vs 51 days last year

Market Context

Population: 4,746  ·  Density: 27.0/mi²  ·  Median household income: $100,927

Typical home value: $494,934  ·  Homeownership: 85.9%

Market Analysis

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

The VIRGINIA BEACH, VA real estate market (23457) currently shows 24 active listings. Homes are averaging 61 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 61 days on market compared to 51 days last year.

The median listing price has fallen 4.8% year-over-year, from $770,750 to $733,600.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 11 last year
  • Days on market: 61 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $733,600 (-4.8% YoY)
  • Average: $866,015 (+1.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.3 miles — 981 listings ($771,821,387 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23457Virginia Beach, VA 234570.0 mi24$20,784,360$733,600$866,015
23456Virginia Beach, VA 234568.2 mi123$108,716,748$640,000$883,876
23453Virginia Beach, VA 2345312.1 mi34$13,438,636$362,450$395,254
23322Chesapeake, VA 2332214.1 mi144$101,792,448$664,000$706,892
23454Virginia Beach, VA 2345414.9 mi81$60,058,989$425,000$741,469
23464Virginia Beach, VA 2346415.4 mi73$31,454,021$424,500$430,877
23452Virginia Beach, VA 2345216.4 mi50$24,090,800$377,500$481,816
27927Corolla, NC 2792716.8 mi155$203,860,495$925,000$1,315,229
23451Virginia Beach, VA 2345117.6 mi136$135,012,776$695,000$992,741
27917Barco, NC 2791717.8 mi6$2,568,768$415,000$428,128
23324Chesapeake, VA 2332419.1 mi55$16,439,995$290,000$298,909
23455Virginia Beach, VA 2345520.1 mi69$38,448,939$463,750$557,231
27921Camden, NC 2792120.3 mi31$15,154,412$449,900$488,852

Frequently Asked Questions

How many homes are for sale in VIRGINIA BEACH, VA 23457?

As of January 2026, there are 24 active listings in VIRGINIA BEACH, VA (zip code 23457), compared to 11 the prior year.

What is the median home price in VIRGINIA BEACH, VA 23457?

The median listing price in VIRGINIA BEACH, VA 23457 is $733,600 as of January 2026, a 4.8% decrease from $770,750 the prior year.

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

Homes in VIRGINIA BEACH, VA 23457 spend an average of 61 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in VIRGINIA BEACH, VA 23457?

Based on current inventory and days-on-market data as of January 2026, VIRGINIA BEACH, VA 23457 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 61 days on market compared to 51 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 23457 save an estimated $14,672 compared to a typical 5% commission on the median listing price of $733,600. 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.