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Virginia Beach, VA 23456 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: 0.17
ActiveActive listings: 7070PendingPending sales: 1212
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): $520k$520kSoldMedian sold price (last 6 months): $560k$560k
What homes actually sell for in Virginia Beach, VA
Distribution of 404 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $408k to $789k
$300k to $438k: 110 sales110sales$300k$438k to $575k: 80 sales$575k to $712k: 67 sales$575k$712k to $850k: 35 sales$850k to $988k: 36 sales$850k$988k to $1.12M: 10 sales$1.12M to $1.26M: 17 sales$1.12M$1.26M to $1.4M: 8 salesMedian $560k

What the numbers say

As of September 14, 2026, Resideline is tracking 70 active listings and 12 pending sales in ZIP code 23456. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $520,000, while the median of the 404 closed sales Resideline tracked over the last six months was $560,000. 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 23456 for 56 days.

Frequently asked questions

What is the median home price in 23456?

The median closed sale price in Virginia Beach, VA 23456 was $560,000 over the last six months, based on 404 closed sales tracked by Resideline. The middle half of those sales ranged from $407,500 to $789,000.

Is 23456 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 70 active listings in 23456, a pending-to-active ratio of 0.17. 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, 23456 currently looks like a balanced market.

Nearby ZIP code market data

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