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Virginia Beach, VA 23451 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Virginia Beach, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 119119PendingPending sales: 88
Virginia Beach, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $588k$588kSoldMedian sold price (last 6 months): $615k$615k
What homes actually sell for in Virginia Beach, VA
Distribution of 336 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $373k to $957k
$230k to $476k: 107 sales107sales$230k$476k to $722k: 76 sales$722k to $969k: 55 sales$722k$969k to $1.22M: 25 sales$1.22M to $1.46M: 22 sales$1.22M$1.46M to $1.71M: 9 sales$1.71M to $1.95M: 4 sales$1.71M$1.95M to $2.2M: 5 salesMedian $615k

What the numbers say

As of September 14, 2026, Resideline is tracking 119 active listings and 8 pending sales in ZIP code 23451. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $587,860, while the median of the 336 closed sales Resideline tracked over the last six months was $615,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 23451 for 62 days.

Frequently asked questions

What is the median home price in 23451?

The median closed sale price in Virginia Beach, VA 23451 was $615,000 over the last six months, based on 336 closed sales tracked by Resideline. The middle half of those sales ranged from $373,000 to $957,000.

Is 23451 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 119 active listings in 23451, a pending-to-active ratio of 0.07. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 23451 currently looks like a balanced market.

Nearby ZIP code market data

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