Veterans United in
Virginia Beach-Chesapeake-Norfolk, VA
in the VA, NC metro area
The Virginia Beach housing market in February has strengthened compared to last year with the median home price around $399,900 — up 2.6% from last year. Homes for sale in Virginia Beach* now spend an average of 51 days on the market, and nearly 23% sell below asking price, giving buyers more negotiating power.
Just a few of the 773,720 Veterans we've helped get into homes.
17,651 Veterans in the Virginia Beach-Chesapeake-Norfolk, VA-NC area alone!
Based on Veterans United and Veterans United Realty's internal data.
Jabril M. | U.S. Army
Jessica L. | U.S. Coast Guard
Joshua D. | U.S. Army
Mark L. | U.S. Navy
Reginald F. | U.S. Air Force
Whitney S. | U.S. Marine Corps
Rhianna H. | U.S. Air Force
Virginia Beach Metro Housing Market in February 2026
Median Days on Market
51 days
Homes are staying on the market 13.33% longer than last month.
Average Listing Price
$514,163
Average home prices are down 0.64% since last month.
Active Listings
4,390 homes
Number of houses on the market are down 11.14% since last month.
Homes in the Virginia Beach region sell at a moderate pace.
23% of listings reduced price last month.
1,396
New listings
Down 34.6% from last month
4,390
Active listings
Down 11.1% from last month
VA Loan Market Share
40.4% of originations last year were VA loans.
14,246
Sold last year
1/2
Were VA loans
Virginia Beach Area
Own vs Rent Trends
A higher share of owner-occupied homes often reflects stronger long-term ties to the community, since homeowners are more likely to stay in one place and invest in their neighborhoods. By contrast, areas with a larger renter population may be more transient, offering flexibility but sometimes less stability in housing markets.
It could also be an indication of market health, as affordable markets often have higher owner-occupancy rates.
The home listing price-to-income ratio in the Virginia Beach area is 5
The ratio compares how expensive homes are in Virginia Beach relative to household income. A higher ratio means homes cost more compared to what people earn.
A healthy price-to-income ratio is generally around 3 times your household's annual income (or less), but higher ratios can be sustainable depending on your rate, DTI, and more.
Median Home Prices by Neighborhood in the Virginia Beach Region
This section breaks down median home prices by neighborhood. Use these insights to see where housing costs trend higher or lower, and to better understand the market at the zip code level.
The Virginia Beach metro median income is $79,325.
Explore Virginia Beach Area Neighborhoods
See how median home prices in individual Virginia Beach neighborhoods compare to the overall metro median.
View this chart to learn about the median listing price and the number of active listings in Virginia Beach over time.
Month
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Listing Price
$327,000
$339,000
$349,995
$350,000
$350,000
$349,900
$348,950
$359,500
$359,400
$359,900
$365,000
$371,522
$373,463
$384,000
$386,973
$395,000
$394,900
$383,600
$379,500
$374,450
$377,000
$379,000
$375,000
$384,504
$391,410
$390,000
$395,000
$399,000
$399,846
$392,800
$390,000
$393,115
$389,900
$387,450
$389,450
$392,500
$399,966
$409,950
$415,000
$415,000
$415,000
$413,000
$410,000
$407,000
$400,000
$399,900
Month
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Active Listings
2,234
2,379
2,854
3,243
3,651
3,745
3,652
3,564
3,669
3,389
3,035
2,843
2,749
2,776
2,778
2,927
3,056
3,694
3,556
3,487
3,623
3,463
3,141
3,106
3,142
3,242
3,547
3,746
4,072
4,438
4,494
4,533
4,645
4,109
3,809
3,921
3,944
4,271
4,481
4,809
5,020
5,093
5,033
4,933
4,946
4,390
Median Days on Market
Days on Market
This chart shows the median days on market for active listings over time. In other words: how quickly homes move in the market. A declining rate means rising competition among buyers, while an increase means listings are sitting longer.
Month
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Median Days on Market
23
22
22
24
27
34
37
38
40
50
54
40
39
30
29
29
33
31
36
39
38
45
50
36
34
32
30
31
34
36
41
43
44
47
52
39
38
35
36
38
39
41
44
44
45
51
Market Hotness Score
Market Hotness
Based on Realtor.com's Market Hotness Index, this measure reflects how competitive the housing market is by comparing buyer demand with available inventory. Rising hotness scores point to more competition, while declining scores signal cooling conditions.
Month
Mar 2022
Apr 2022
May 2022
Jun 2022
Jul 2022
Aug 2022
Sep 2022
Oct 2022
Nov 2022
Dec 2022
Jan 2023
Feb 2023
Mar 2023
Apr 2023
May 2023
Jun 2023
Jul 2023
Aug 2023
Sep 2023
Oct 2023
Nov 2023
Dec 2023
Jan 2024
Feb 2024
Mar 2024
Apr 2024
May 2024
Jun 2024
Jul 2024
Aug 2024
Sep 2024
Oct 2024
Nov 2024
Dec 2024
Jan 2025
Feb 2025
Mar 2025
Apr 2025
May 2025
Jun 2025
Jul 2025
Aug 2025
Sep 2025
Oct 2025
Nov 2025
Dec 2025
Hotness Score
46.6555
46.8227
43.6455
45.4849
50.5017
49.8328
52.1739
50.3344
54.0134
54.3478
56.8562
56.0201
51.0033
54.3478
54.5151
54.6823
53.3445
56.1873
49.8328
45.4849
52.6756
52.1739
54.3478
54.1806
53.8462
52.3411
50.8361
54.1806
55.5184
54.3478
46.4883
48.495
49.1639
55.8528
55.3512
53.01
49.4983
49.6656
48.495
49.8328
51.0033
50
47.1572
46.4883
48.8294
53.8462
Pending Homes-for-Sale %
Percentage of Homes Sold per Month
This chart shows the percentage of homes that sold each month, highlighting buyer demand and long-term market trends. In most markets, around 20% of listings selling each month is considered balanced. Higher percentages point to a strong sellers' market, while lower percentages indicate more favorable conditions for buyers.
Largest overall VA lender (purchase and refinance) for seven of the last ten years.
More VA purchase loans than any other lender for the past 10 consecutive years
Over the last six years, Veterans United made more VA purchase loans than USAA, Navy Federal Credit Union, Rocket Mortgage, Wells Fargo and Freedom Mortgage combined.
VA buyers moving to the Virginia Beach area should work with someone who knows the seven cities inside and out, especially when buying from a different duty station. While the VA loan doesn't require a down payment, closing costs still apply unless covered by the seller. Being prepared with cash on hand can make a big difference in competitive situations.
Matt S.Veterans United Network Realty Agent
1-800-985-5723 | 1512 Heriford Road, Columbia, MO 65202. Not affiliated with any government agency including the VA. Missouri Licensed Real Estate Brokerage; for license information, visit VeteransUnitedRealty.com. Equal Housing Opportunity.
Start Your VA Loan With Veterans United
Not sure where to begin? Whether you're stationed nearby or planning to move near Virginia Beach, we’ll help you understand what to expect.
Scott and the whole team were amazing. Anytime I had any questions or needed extra clarification they were on it. They kept me in the loop and aware of everything going on every step of the way
Nathan R. | Army
Verified Customer
Justin and the team were very attentive and proactive with communication throughout the loam process. Justin and Mike were very available to walk me through the numbers, address concerns and work to achieve my goals. As a first time home buyer, I couldn't ask for a better team.
Alexander O. | Navy
Verified Customer
I'm very glad I chose Veterans United to purchase my first home. The whole home buying process seemed very overwhelming but they somehow made it understandable in bite size pieces. I was super anxious and lost at the beginning and they held my hand at each step. With their insurance brokerage, I fou...
Rhianna H. | Air Force
Verified Customer
As a first time homebuyer, I really didn't know where to turn. Veterans United made it easy and turned an overwhelming experience into a "that was easy" moment. Almost "too easy" was what I said to the awesome duo of Colin and Ofelia who walked us through the loan process with ease. Impressive was t...
Mark R. | Air Force
Verified Customer
From my first inquiry to signing the final documents, Veterans United was engaged and supportive every step of the way. To top it off, we were greeted with a thoughtful home‑warming gift when we walked in for closing—a wonderful touch that really stood out.
Beyond the excellent customer service,...
Robert A. | Army
Verified Customer
Bobby Moss and his whole team -especially Lynette- were wonderful to work with. They answered all of our questions and returned all emails and phone calls quickly.
Jeffrey H. | Army
Verified Customer
We really appreciated being treated so special through the whole process! Most importantly they listened to what we had to say and acted on it! We were at peace with the team!
Reginald F. | Air Force
Verified Customer
Rich and his team are absolutely amazing. Their teamwork made my dreams work! I love would recommend his team to complete strangers as long as they are Veterans or Active Duty.
Aletha H. | Army
Verified Customer
Austin Butler was there all the way to the end! Great and easy to communicate with, had my best interest in hand, and made the difficult and stressful process easy!
William P. | Navy
Verified Customer
I’m very satisfied with the guidance Melissa Kunkel has provided me. She’s very attentive and promptly responds after every texts/call. Down to Earth and very informative. Thank you Melissa.
Roderick O. | Army
Verified Customer
Veterans United made a dream come true that I thought was impossible! I stepped into the home buying process with no knowledge, and now I feel confident and comfortable with everything that has happened throughout the process. From the very beginning to the day I received the keys to my home, Veter...
Joshua D. | Army
Verified Customer
Mrs. Wendy Edde and her team were superb and tried their best to help me close as fast as possible even through the holidays.Could not have wished for a better experience. Thanks
Ricardo G. | Navy
Verified Customer
10/10 highly recommend. The had the best experience buying a home with Veterans United.was it stressful yes but overall I’m happy and I got the house. James Walrod was phenomenal. James followed up every week even after my file went over to the underwriting team. He explained the process and made ...
*Unless stated otherwise, data for the metro refers to the CBSA ("Core-Based Statistical Area"), the defined geography that makes up the surrounding metropolitan and micropolitan areas.
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