Central Business District · Virginia Beach Town Center
Data as of March 2026. Source: Realtor.com.
The VIRGINIA BEACH, VA real estate market (23462) currently shows 71 active listings, with 1 pending sales. Homes are averaging 18 days on the market before going under contract.
Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 18 days on market compared to 29 days last year.
The median listing price has risen 2.4% year-over-year, from $315,000 to $322,500.
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.
Population: 68,499 · Density: 2,398.1/mi² · Median household income: $69,375
Typical home value: $258,565 · Homeownership: 50.9%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 23462 | Virginia Beach, VA 23462 | 0.0 mi | 64 | $28,094,080 | $318,000 | $438,970 |
| 23450 | Virginia Beach, VA 23450 | 3.2 mi | 1 | $699,000 | $699,000 | $699,000 |
| 23455 | Virginia Beach, VA 23455 | 3.7 mi | 65 | $37,910,210 | $481,850 | $583,234 |
| 23325 | Chesapeake, VA 23325 | 5.1 mi | 20 | $9,582,400 | $340,000 | $479,120 |
| 23513 | Norfolk, VA 23513 | 6.1 mi | 57 | $17,493,471 | $304,450 | $306,903 |
| 23518 | Norfolk, VA 23518 | 6.6 mi | 83 | $43,524,453 | $417,000 | $524,391 |
| 23509 | Norfolk, VA 23509 | 6.9 mi | 29 | $9,998,098 | $284,975 | $344,762 |
| 23320 | Chesapeake, VA 23320 | 6.9 mi | 86 | $37,215,554 | $405,975 | $432,739 |
| 23510 | Norfolk, VA 23510 | 7.8 mi | 39 | $15,795,351 | $298,750 | $405,009 |
| 23451 | Virginia Beach, VA 23451 | 8.3 mi | 139 | $143,254,651 | $722,450 | $1,030,609 |
| 23704 | Portsmouth, VA 23704 | 8.9 mi | 68 | $17,330,412 | $259,700 | $254,859 |
| 23505 | Norfolk, VA 23505 | 9.4 mi | 46 | $19,165,762 | $318,825 | $416,647 |
| 23503 | Norfolk, VA 23503 | 9.8 mi | 74 | $32,849,118 | $349,675 | $443,907 |
As of March 2026, there are 71 active listings in VIRGINIA BEACH, VA (zip code 23462), compared to 90 the prior year.
The median listing price in VIRGINIA BEACH, VA 23462 is $322,500 as of March 2026, a 2.4% increase from $315,000 the prior year.
Homes in VIRGINIA BEACH, VA 23462 spend an average of 18 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of March 2026, VIRGINIA BEACH, VA 23462 is currently a Seller's Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in VIRGINIA BEACH, VA 23462 save an estimated $6,450 compared to a typical 5% commission on the median listing price of $322,500. 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.