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Virginia Beach-Norfolk-Newport News Housing Market

$357,852

1.8% 1-yr

The average Virginia Beach-Norfolk-Newport News home value is $357,852, up 1.8% over the past year and goes to pending in around 35 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Virginia Beach-Norfolk-Newport News Key Takeaways

Typical Home Values: $357,852

1-year Value Change: +1.8%

(Data through November 30, 2025)

Virginia Beach-Norfolk-Newport News Housing Market Overview

2.2%1-year Market Forecast(December 31, 2025)
6,441For sale inventory(December 31, 2025)
1,674New listings(December 31, 2025)
1.000Median sale to list ratio(November 30, 2025)
$344,967Median sale price(November 30, 2025)
$364,300Median list price(December 31, 2025)
31.3%Percent of sales over list price(November 30, 2025)
35.2%Percent of sales under list price(November 30, 2025)
35Median days to pending(December 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Redart

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Virginia Beach-Norfolk-Newport News Rental Market Trends

$1,782Average rent in Virginia Beach-Norfolk-Newport News(December 31, 2025)
$1,901National average rent(December 31, 2025)
0.5%Month-over-month change(December 31, 2025)
5.4%Year-over-year change(December 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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