Housing in Virginia Beach-Norfolk-Newport News Metro Area, Virginia
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| Median Home Age | 31.9 | 35.1 |
| Median Home Cost | $194,700 | $153,800 |
| Home Appreciation | -2.66% | 1.62% |
| Homes Owned | 57.83% | 57.69% |
| Housing Vacant | 8.41% | 11.38% |
| Homes Rented | 33.76% | 30.93% |
| Property Tax Rate | $11.09 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 1.07% | 2.72% |
| $20,000 to $39,999 | 1.02% | 4.03% |
| $40,000 to $59,999 | 1.05% | 5.58% |
| $60,000 to $79,999 | 1.55% | 7.09% |
| $80,000 to $99,999 | 2.81% | 8.80% |
| $100,000 to $149,999 | 17.41% | 21.26% |
| $150,000 to $199,999 | 24.53% | 14.87% |
| $200,000 to $299,999 | 28.41% | 16.82% |
| $300,000 to $399,999 | 11.47% | 7.83% |
| $400,000 to $499,999 | 4.87% | 4.04% |
| $500,000 to $749,999 | 3.80% | 4.05% |
| $750,000 to $999,999 | 1.01% | 1.26% |
| $1,000,000 or more | 1.00% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 12.38% | 13.71% |
| 1995 to 1998 | 15.41% | 14.31% |
| 1990 to 1994 | 15.41% | 14.31% |
| 1980 to 1989 | 19.51% | 13.87% |
| 1970 to 1979 | 17.08% | 16.17% |
| 1960 to 1969 | 13.37% | 11.70% |
| 1950 to 1959 | 11.11% | 11.08% |
| 1940 to 1949 | 5.39% | 6.02% |
| 1939 or Earlier | 5.76% | 13.15% |
The median home value in Virginia Beach-Norfolk-Newport News Metro Area, VA, is $194,700. Home appreciation is -2.66% over the last year. The median age of Virginia Beach-Norfolk-Newport News Metro Area, VA, real estate is 32 years.
Virginia Beach-Norfolk-Newport News Metro Area, VA Apartments and Rentals
Renters make up 33.76% of the Virginia Beach-Norfolk-Newport News Metro Area, VA, population. 8.41% of houses and apartments in Virginia Beach-Norfolk-Newport News Metro Area, VA, are unoccupied (vacancy rate).
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