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VIRGINIA BEACH, VA 23462

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

Market Overview

Active Listings
76
⇩ 12.6% vs 87 last year
Pending
1
1% pending ratio
Median Price
$330,000
⇧ 3.1% vs $320,000 last year
Average Price
$475,400
⇧ 36.7% vs $347,725 last year
Days on Market
36
vs 36 days last year

Market Context

Population: 68,499  ·  Density: 2,398.1/mi²  ·  Median household income: $69,375

Typical home value: $258,565  ·  Homeownership: 50.9%

Market Analysis

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

The VIRGINIA BEACH, VA real estate market (23462) currently shows 76 active listings, with 1 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

The median listing price has risen 3.1% year-over-year, from $320,000 to $330,000.

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: 76 this year vs 87 last year
  • Days on market: 36 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $330,000 (+3.1% YoY)
  • Average: $475,400 (+36.7% 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 9.8 miles — 778 listings ($405,690,763 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
23462Virginia Beach, VA 234620.0 mi76$36,130,400$330,000$475,400
23450Virginia Beach, VA 234503.2 mi1$200,000$200,000$200,000
23455Virginia Beach, VA 234553.7 mi69$38,448,939$463,750$557,231
23325Chesapeake, VA 233255.1 mi18$5,699,880$299,999$316,660
23513Norfolk, VA 235136.1 mi48$14,308,368$292,500$298,091
23518Norfolk, VA 235186.6 mi88$44,206,008$395,000$502,341
23509Norfolk, VA 235096.9 mi28$9,176,608$281,450$327,736
23320Chesapeake, VA 233206.9 mi95$41,889,300$425,000$440,940
23510Norfolk, VA 235107.8 mi40$16,822,480$327,250$420,562
23451Virginia Beach, VA 234518.3 mi136$135,012,776$695,000$992,741
23704Portsmouth, VA 237048.9 mi67$16,890,700$259,900$252,100
23505Norfolk, VA 235059.4 mi45$17,479,440$325,000$388,432
23503Norfolk, VA 235039.8 mi67$29,425,864$350,000$439,192

Frequently Asked Questions

How many homes are for sale in VIRGINIA BEACH, VA 23462?

As of January 2026, there are 76 active listings in VIRGINIA BEACH, VA (zip code 23462), compared to 87 the prior year.

What is the median home price in VIRGINIA BEACH, VA 23462?

The median listing price in VIRGINIA BEACH, VA 23462 is $330,000 as of January 2026, a 3.1% increase from $320,000 the prior year.

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

Homes in VIRGINIA BEACH, VA 23462 spend an average of 36 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in VIRGINIA BEACH, VA 23462?

Based on current inventory and days-on-market data as of January 2026, VIRGINIA BEACH, VA 23462 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

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 23462 save an estimated $6,600 compared to a typical 5% commission on the median listing price of $330,000. 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.