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Area data

Virginia beach, VA — ZIP 23454

Population: 58,178 (Census ACS)

Home values & appreciation

Median home value
$463,356
1-year appreciation
+3.2%
3-year appreciation
+10.9%
5-year appreciation
+26.4%
10-year appreciation
+64.2%
All-time peak (2026-07)
$463,356
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$312,750
Median list price
$320,000
Median days on market
28 days
Sale-to-list ratio
100.2%
Active listings
30
1-year forecast
+1.4%
Days to pending
30 days
New listings (monthly)
90

Rents

Typical rent
$2,108/mo
1-year rent change
+4.4%
1BR fair-market rent
$1,740/mo
3BR fair-market rent
$2,730/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
12
Elementary schools
6
Middle schools
3
High schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, coastalFlooding, heatWave, hurricane, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
61.0°F
Average high
70.0°F
Average low
52.0°F
Annual precipitation
53.7 in

Air quality

Air quality rating
Good
Median AQI (annual)
41
Days with Good air quality
246
Days with Unhealthy air quality
1

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
6
Nearest national park
Cape Henry Memorial Part of Colonial National Historical Park (8 mi)
Nearest airport
Oceana Naval Air Station (NTU) (0 mi)
Nearest major airport
Oceana Naval Air Station (NTU) (0 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
-1,429 tax filers

Housing stock

Median year housing built
1,985
Median annual property tax
$3,355
Mean commute to work
20 min
Households with broadband internet
85.1%

Employment & development

Total county employment
149,747
Average weekly wage
$1,038
Top industries (by employment)
Accommodation & Food, Health Care, Professional Services
Annual residential building permits (county)
319

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents