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Virginia Beach, VA 23462 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: 0.14
ActiveActive listings: 5050PendingPending 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): $312k$312kSoldMedian sold price (last 6 months): $320k$320k
What homes actually sell for in Virginia Beach, VA
Distribution of 429 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $258k to $385k
$160k to $202k: 30 sales$160k$202k to $245k: 35 sales$245k to $287k: 77 sales77sales$245k$287k to $330k: 67 sales$330k to $372k: 77 sales$330k$372k to $415k: 58 sales$415k to $457k: 33 sales$415k$457k to $500k: 9 salesMedian $320k

What the numbers say

As of September 14, 2026, Resideline is tracking 50 active listings and 7 pending sales in ZIP code 23462. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $311,972, while the median of the 429 closed sales Resideline tracked over the last six months was $320,380. 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 53 days.

Frequently asked questions

What is the median home price in 23462?

The median closed sale price in Virginia Beach, VA 23462 was $320,380 over the last six months, based on 429 closed sales tracked by Resideline. The middle half of those sales ranged from $258,000 to $385,000.

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

Resideline is currently tracking 7 pending sales against 50 active listings in 23462, a pending-to-active ratio of 0.14. 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, 23462 currently looks like a balanced market.

Nearby ZIP code market data

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