Zip 23451 (Virginia Beach, VA) Housing

The housing market in 23451 Virginia Beach, VA is doing significantly better than average. The median value of homes in the area is $561,500, which is far higher than the US median house price of $338,100. Furthermore, the 1-year appreciation rate in this area has been 11.30%, much higher than the national average of 8.27%. This indicates that those living in 23451 Virginia Beach, VA can expect a good return on their real estate investments over time.

The median home cost in Virginia Beach (zip 23451) is $561,500. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Virginia Beach (zip 23451) is up 13.1%.

Average Age of Homes

- The median age of Virginia Beach (zip 23451) real estate is 37 years old

The Rental Market in Virginia Beach (zip 23451)

- Renters make up 42.2% of the Virginia Beach (zip 23451) population
- 2.7% of houses and apartments in Virginia Beach (zip 23451), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Virginia Beach, Virginia	United States
	24,482.0	139,647,020.0
	39	42
	$561,500	$338,100
	13.1%	16.6%
	42.0%	57.0%
	58.5%	101.1%
	$8.34	$10.98
	$3,985	$2,690
	45.0%	57.4%
	14.9%	11.2%
	40.1%	31.4%
Vacant Housing
	2.7%	1.9%
	0.8%	0.4%
	1.1%	0.7%
	0.3%	0.4%
	7.2%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.8%	2.4%
	0.4%	2.8%
	0.1%	3.9%
	0.7%	4.5%
	1.6%	11.3%
	3.8%	13.0%
	16.5%	20.1%
	14.5%	13.6%
	13.7%	8.3%
	20.4%	9.7%
	12.6%	3.9%
	6.3%	2.2%
	2.5%	0.8%
	5.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.5%	13.6%
	11.5%	13.6%
	12.1%	13.6%
	21.3%	13.2%
	18.7%	14.8%
	12.1%	13.6%
	8.4%	10.0%
	3.9%	4.7%
	3.0%	12.2%

Reviews for Virginia Beach

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Kaycee · Virginia Beach, VA

The Most Fun I've EVER Had!

Over 13 years ago

I have lived all over the US - Kansas, Oklahoma, Texas, Florida... and now I've been in Virginia Beach for 3 years. I can honestly say that Virginia Beach is the place More