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Virginia Beach, VA 23462 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: 0.09
ActiveActive listings: 4747PendingPending sales: 44
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): $349k$349kSoldMedian sold price (last 6 months): $326k$326k
What homes actually sell for in Virginia Beach, VA
Distribution of 392 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $265k to $385k
$170k to $210k: 19 sales$170k$210k to $250k: 31 sales$250k to $290k: 76 sales76sales$250k$290k to $330k: 56 sales$330k to $370k: 68 sales$330k$370k to $410k: 58 sales$410k to $450k: 35 sales$410k$450k to $490k: 11 salesMedian $326k

What the numbers say

As of October 26, 2026, Resideline is tracking 47 active listings and 4 pending sales in ZIP code 23462. That pending-to-active ratio of 0.09 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 $349,000, while the median of the 392 closed sales Resideline tracked over the last six months was $326,000. 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 23462 for 73 days.

Frequently asked questions

What is the median home price in 23462?

The median closed sale price in Virginia Beach, VA 23462 was $326,000 over the last six months, based on 392 closed sales tracked by Resideline. The middle half of those sales ranged from $265,360 to $385,000.

Is 23462 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 47 active listings in 23462, a pending-to-active ratio of 0.09. 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, 23462 is currently a typical-pace market.

Nearby ZIP code market data

Full Virginia Beach, VA housing market report →

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