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Virginia Beach, VA 23451 Housing Market

Data snapshot: October 26, 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: 107107PendingPending sales: 77
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): $739k$739kSoldMedian sold price (last 6 months): $640k$640k
What homes actually sell for in Virginia Beach, VA
Distribution of 297 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $375k to $1.06M
$240k to $516k: 104 sales104sales$240k$516k to $792k: 61 sales$792k to $1.07M: 45 sales$792k$1.07M to $1.34M: 33 sales$1.34M to $1.62M: 13 sales$1.34M$1.62M to $1.9M: 10 sales$1.9M to $2.17M: 2 sales$1.9M$2.17M to $2.45M: 1 salesMedian $640k

What the numbers say

As of October 26, 2026, Resideline is tracking 107 active listings and 7 pending sales in ZIP code 23451. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $739,000, while the median of the 297 closed sales Resideline tracked over the last six months was $640,000. 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 93 days.

Frequently asked questions

What is the median home price in 23451?

The median closed sale price in Virginia Beach, VA 23451 was $640,000 over the last six months, based on 297 closed sales tracked by Resideline. The middle half of those sales ranged from $375,000 to $1,061,000.

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

Resideline is currently tracking 7 pending sales against 107 active listings in 23451, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 23451 is currently a typical-pace market.

Nearby ZIP code market data

Full Virginia Beach, VA housing market report →

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