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Virginia Beach, VA
Full City Profile · Virginia · Virginia Beach city County
3.6
/5.0
B+
Good
457,066
Population
1,868/sq mi density
$90,685
Median Income
$47,372 per capita
$366,300
Home Value
$418,508 Zillow
$1,649
Median Rent
31.1% income on rent
62°F
Avg Temperature
303 sunny days/yr
129
Violent Crime/100K
1,761 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$90,685 median income, 2.7% unemployment
A
Affordability
4.4 / 5.0
$366,300 home value, $1,649/mo rent
F
Safety
1.0 / 5.0
129 violent crimes/100K
A
Education
4.2 / 5.0
40.4% bachelor's degree or higher
Housing Overview
Median Home Value
$366,300
30% above
US avg: $281,900
Median Rent
$1,649/mo
42% above
US avg: $1,163/mo
Homeownership Rate
64.9%
1% below US avg (65.4%)
Total Housing Units
189,951
Median year built: 1983
Home Value by Source
Census Median
$366,300
Zillow (ZHVI)
$418,508
Median Sale Price
$388,750
Median List Price
$399,949
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.9%
Owner-Occupied
35.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,492/mo
1 Bedroom
$1,512/mo
2 Bedroom
$1,713/mo
3 Bedroom
$2,376/mo
4 Bedroom
$2,797/mo
Census median rent:
$1,649/mo
· Zillow rent:
$1,953/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
402
Price Drops
16.8%
of listings with price reduction
Price Per Sq Ft
$239
Active Inventory
643
homes for sale
Affordability & Housing Stock
Rent Burden
31.1%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
64.9%
Complete Housing Data
Home Values
| Census Median Value | $366,300 |
| Zillow Home Value (ZHVI) | $418,508 |
| Median Sale Price | $388,750 |
| Median List Price | $399,949 |
| Price Per Sq Ft | $239 |
Rent
| Census Median Rent | $1,649 |
| Zillow Rent (ZORI) | $1,953 |
| FMR Studio | $1,492 |
| FMR 1-Bedroom | $1,512 |
| FMR 2-Bedroom | $1,713 |
| FMR 3-Bedroom | $2,376 |
| FMR 4-Bedroom | $2,797 |
Market
| Days on Market | 32 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 16.8% |
| Homes Sold | 402 |
| Active Inventory | 643 |
| Price Per Sq Ft | $239 |
Ownership & Stock
| Owner-Occupied | 64.9% |
| Renter-Occupied | 35.1% |
| Homeownership Rate | 64.9% |
| Total Housing Units | 189,951 |
| Median Year Built | 1983 |
| Rent Burden | 31.1% |