What Is the Average Home Price in Virginia Beach Right Now in September 2026

The median sale price in Virginia Beach in September 2026 is approximately $375,000 to $390,000, reflecting a market that has held its value well through the year while showing modest appreciation compared to September 2025. That figure covers all residential property types across the city's 248 square miles, so it includes everything from a two-bedroom condo near the Oceanfront to a five-bedroom colonial in the Great Neck area.

For broader market context, Redfin's Virginia Beach housing market data tracks median sale prices, days on market, and sale-to-list ratios on a rolling basis. Checking that alongside this article will give you the most current picture available.

Median vs. Average: Why Both Numbers Matter

The median price and the average price tell different stories. The median is the midpoint: half of homes sold for more, half for less. The average is pulled upward by high-end oceanfront properties and large custom builds, which means it typically runs $20,000 to $40,000 higher than the median in Virginia Beach. When you see the average cited at roughly $410,000 to $425,000, that reflects the weight of luxury sales in the Sandbridge and Croatan Beach corridors. For most buyers, the median is the more useful anchor.

How September 2026 Compares to a Year Ago

Year-over-year appreciation in Virginia Beach has been running in the 4 to 6 percent range through 2026. In September 2025, the median sale price was closer to $355,000 to $365,000. That puts the current gain at roughly $15,000 to $25,000 in absolute terms over twelve months. This is a slower pace than the 10 to 15 percent annual spikes seen in 2021 and 2022, but it is steady and consistent with a market where supply remains tight relative to demand.

2. Home Prices Across Virginia Beach Neighborhoods and Zip Codes

Virginia Beach is not a single market. Prices shift dramatically depending on whether you are near the water, in a suburban inland corridor, or in one of the city's older established communities. Understanding those differences is essential before you set a budget or price a listing.

Oceanfront and Resort Area Pricing

Properties within walking distance of the Atlantic Ocean and the Virginia Beach Boardwalk command the highest prices in the city. Condos in buildings along Atlantic Avenue and Pacific Avenue typically range from $300,000 for a studio or one-bedroom unit to well over $700,000 for a two-bedroom oceanfront unit with direct views. Single-family homes in the resort area, particularly on the north end of the beach near 80th Street and above, routinely list between $600,000 and $1.5 million depending on lot size, proximity to the water, and whether the property has a rental income history.

Sandbridge, located about 14 miles south of the main resort strip, is a quieter beach community where detached homes on or near the water regularly trade between $800,000 and $2 million. These properties often function as both primary residences and short-term rentals, which factors into their valuation.

Inland and Western Virginia Beach Pricing

Move west toward the Kempsville, Princess Anne, and Centerville corridors and prices drop into a more accessible range. Single-family homes in these areas typically sell between $290,000 and $420,000 in September 2026. Neighborhoods like Red Mill, Landstown, and Courthouse Estates offer suburban-style lots with three and four-bedroom homes built primarily between the 1980s and early 2000s. These communities sit 15 to 25 minutes from the oceanfront by car via Virginia Beach Boulevard or Dam Neck Road.

The area around Town Center, Virginia Beach's urban mixed-use district near Independence Boulevard, has seen consistent price growth as more buyers seek walkable access to restaurants, office space, and retail. Condos and townhomes near Town Center currently range from $250,000 to $380,000.

North End and Shore Drive Corridor

The Shore Drive corridor stretches along the Chesapeake Bay from the Virginia Beach-Norfolk border westward toward the Lynnhaven Inlet. Homes here vary widely: older brick ranches from the 1950s and 1960s sit alongside newer custom construction. Prices along this corridor range from around $350,000 for an updated mid-century home on a standard lot to over $1 million for bayfront properties with private docks. The proximity to Chesapeake Bay beaches, First Landing State Park's 2,888 acres of trails and camping, and the Lynnhaven River water access makes this one of the more geographically distinctive stretches in the city.

3. What Type of Home Are You Buying and How Does It Affect Price

Property type is one of the biggest variables in the Virginia Beach average home price equation. The city's housing stock is diverse, spanning detached single-family homes, attached townhomes, low-rise and high-rise condos, and a growing supply of new construction in the western expansion areas near the Nimmo Parkway corridor.

Single-Family Detached Homes

Detached single-family homes are the most common purchase in Virginia Beach and carry the widest price range. In September 2026, the median price for a detached home citywide sits around $400,000 to $415,000. Entry-level detached homes, typically three bedrooms and one or two baths in neighborhoods like Seatack, Bayside, or older sections of Kempsville, can still be found in the $260,000 to $320,000 range. Move-up homes with four bedrooms, a two-car garage, and a larger yard in neighborhoods like Brandon or Alanton tend to list between $430,000 and $600,000.

Townhomes and Condos

Townhomes offer a middle ground between a condo and a detached home, and they are priced accordingly. In Virginia Beach right now, townhomes are selling in a range of roughly $280,000 to $420,000 depending on location, age, and whether the community has amenities like a pool or gated access. Condos range more broadly: a one-bedroom inland condo might sell for $175,000 to $220,000, while an oceanfront two-bedroom with bay views can reach $600,000 or more. HOA fees vary significantly and should factor into your monthly cost calculation.

New Construction vs. Resale

New construction in Virginia Beach carries a premium, typically 8 to 15 percent above comparable resale homes in the same area. Builders like NVR and local custom builders are active in the western sections of the city, particularly around the Princess Anne Commons area and new subdivisions near the Pungo agricultural district. A new-construction three-bedroom townhome in these areas is currently priced between $380,000 and $460,000. Buyers choosing new construction often gain energy efficiency and warranty coverage, but they also face longer timelines and less room to negotiate on base price.

If you want a deeper look at what your options are across the city, Sara Smith's guide to homes for sale in Virginia Beach walks through the buying process from search to closing with Virginia Beach-specific detail.

4. What Is Driving Virginia Beach Home Prices Right Now

Prices do not move in a vacuum. Several specific forces are shaping the Virginia Beach housing market in September 2026, and understanding them helps you anticipate where prices may go over the next six to twelve months.

Inventory Levels This Fall

Active inventory in Virginia Beach remains below the four-to-six month supply that typically signals a balanced market. In September 2026, available supply is hovering around two to three months citywide, which continues to put upward pressure on prices and keeps days on market relatively short. Well-priced homes in the $300,000 to $450,000 range are often receiving multiple offers within the first ten days of listing.

The inventory constraint is partly structural. Many homeowners who locked in mortgage rates below 3.5 percent between 2020 and 2022 are reluctant to sell and take on a higher rate on their next purchase. This rate-lock effect has reduced the flow of existing homes onto the market across Hampton Roads, including Virginia Beach.

Interest Rates and Buyer Demand

Mortgage rates in September 2026 are sitting in the mid-to-upper 6 percent range for a 30-year fixed loan, which is meaningfully lower than the peaks seen in late 2023. That modest rate relief has brought more buyers back into the market compared to 2024, particularly in the $300,000 to $500,000 price band where most Virginia Beach transactions occur. Buyers who were sidelined eighteen months ago are now qualifying for more purchasing power, and that renewed demand is one reason prices have held firm through the summer.

Military and Relocation Demand

Virginia Beach is home to Naval Air Station Oceana, the largest master jet base on the East Coast, as well as Joint Expeditionary Base Little Creek-Fort Story. Together, these installations generate a consistent stream of military families relocating to and from the area on permanent change of station orders. This demand is not seasonal: it flows year-round and provides a baseline of buyer activity that many other markets lack. Military buyers using VA loan financing, which requires no down payment, are a significant segment of the market in the $300,000 to $450,000 range.

For a more detailed breakdown of current conditions across Hampton Roads, the Hampton Roads Real Estate Market Update for September 2026 covers buyer and seller dynamics across the region in a Q&A format that is worth reading alongside local Virginia Beach data.

5. What These Prices Mean If You Are Buying or Selling This Fall

Knowing the average home price in Virginia Beach right now is only useful if you connect it to your specific situation. Here is what the September 2026 market means in practical terms for buyers and sellers.

For Buyers: What Your Budget Gets You

At $300,000, buyers in Virginia Beach can expect to find a two or three-bedroom condo or townhome, or a smaller detached home in an established inland neighborhood. At $400,000, a three or four-bedroom single-family home with a garage becomes realistic in many parts of the city west of Witchduck Road. At $500,000 and above, options expand to include larger homes in communities like Alanton, Thoroughgood, or Bay Island, or a more modest property closer to the oceanfront.

Getting pre-approved before you search is essential in this market. With inventory tight and competition real in the mid-price range, sellers take pre-approved buyers more seriously, and you will be in a much stronger position to move quickly when the right home comes up.

For Sellers: Is September a Good Time to List

September is a productive month to list in Virginia Beach. The summer tourist activity has wound down, but buyer demand from military relocations, local move-up buyers, and out-of-state relocators remains active. The city's mild fall climate means buyers are still out looking, and homes that are priced correctly based on recent comparable sales are moving. Overpricing relative to the current median is the most common mistake sellers make, particularly when they anchor to peak 2022 values rather than 2026 data.

Sellers should also account for buyer expectations around condition. With mortgage rates still elevated compared to the historic lows of 2021, buyers are less willing to pay top dollar for a home that needs significant work. Homes that are clean, updated, and move-in ready are achieving sale prices closer to or above asking, while properties needing repairs are sitting longer and drawing lower offers.

6. Key Virginia Beach Price Benchmarks at a Glance: September 2026

Below is a summary of the price benchmarks discussed throughout this article. These figures reflect market data as of September 2026 and are intended as reference points, not guarantees. Actual sale prices vary by specific property, condition, and negotiation.

• Citywide median sale price: $375,000 to $390,000 as of September 2026
• Citywide average sale price: Approximately $410,000 to $425,000, pulled higher by luxury and oceanfront sales
• Year-over-year appreciation: 4 to 6 percent compared to September 2025
• Oceanfront condos: $300,000 to $700,000-plus depending on floor, view, and building
• Inland single-family homes (Kempsville, Centerville, Princess Anne): $290,000 to $420,000
• Shore Drive and North End detached homes: $350,000 to $1 million-plus for bayfront
• Sandbridge waterfront homes: $800,000 to $2 million
• New construction townhomes (western Virginia Beach): $380,000 to $460,000
• Active inventory supply: Approximately 2 to 3 months, indicating a seller-leaning market
• Prevailing 30-year fixed mortgage rate: Mid-to-upper 6 percent range in September 2026