The housing median value in 23456 Virginia Beach, VA is $478,300, which is significantly higher than the US house median value of $338,100. In addition to this discrepancy in median values between Virginia Beach and the rest of the United States, there is also a large difference in 1 year house appreciation rates with the US being 8.27% and Virginia Beach being 11.30%. This indicates that the housing market in 23456 Virginia Beach, VA is performing better than average across the country and may be a good place for potential home buyers to look.
The median home cost in Virginia Beach (zip 23456) is $478,300. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Virginia Beach (zip 23456) is up 13.1%.
Average Age of Homes
- The median age of Virginia Beach (zip 23456) real estate is 25 years old
The Rental Market in Virginia Beach (zip 23456)
- Renters make up 11.0% of the Virginia Beach (zip 23456) population
- 2.7% of houses and apartments in Virginia Beach (zip 23456), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.