Virginia Beach, Virginia
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Data-driven estimates for Virginia Beach — with the methodology behind every number.
Virginia Beach market snapshot
- Median Sale Price
- $689K
- Median Days on Market
- 35 days
- Active Listings
- 354
RentCast market data · City of Virginia Beach County, Virginia
About Virginia Beach, Virginia
Virginia Beach (colloquially VB) is the most populous city in the U.S. commonwealth of Virginia. The city is located on the Atlantic Ocean at the mouth of the Chesapeake Bay in southeastern Virginia. It is the sixth-most populous city in the Mid-Atlantic, ninth-most populous in the Southeast, and the 42nd-most populous city in the U.S. with a population of 459,470 at the 2020 census. Virginia Beach is a principal city in the Hampton Roads metropolitan area, which has more than 1.8 million inhabitants and is the 37th-largest metropolitan area in the U.S.
Virginia Beach is a resort city with miles of beaches and hundreds of hotels, motels, and restaurants along its oceanfront. Near the point where the Chesapeake Bay and the Atlantic Ocean meet, Cape Henry was the site of the first landing of the English colonists who eventually settled in Jamestown; modern Virginia Beach was established in 1906. It is home to several state parks, protected beaches, and military bases. Virginia Wesleyan University, Regent University, Christian Broadcasting Network, the U.S. headquarters of Stihl, and the Association for Research and Enlightenment are based in Virginia Beach. It also hosts the annual East Coast Surfing Championships and Neptune Festival.
The city is listed in the Guinness Book of Records as having the longest pleasure beach in the world. It is located at the southern end of the Chesapeake Bay Bridge–Tunnel, which was the world's longest bridge–tunnel complex until the Hong Kong–Zhuhai–Macau Bridge opened in 2018.
Virginia Beach by the numbers
Population 457,066 · Median age 37.4 yrs · Census ACS 2023
Median household income
Virginia Beach's median household income of $90,685 compares to $90,974 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.
Median age (years)
The median age in Virginia Beach is 37.4 yrs, compared to 38.8 yrs for Virginia and 38.7 yrs nationally.
Gender split
Virginia Beach is 49.1% male and 50.9% female, per Census ACS estimates.
Population trend — Virginia Beach
Virginia Beach's population grew 1.5% from 2019 to 2023, per Census ACS 5-year estimates.
Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.
Virginia government
Governor
Abigail Spanberger
Democrat
U.S. Senators
House Representatives (11)
- Wittman, Robert J. (D-1)(R)
- Kiggans, Jennifer A. (D-2)(R)
- Scott, Robert C. "Bobby" (D-3)(D)
- McClellan, Jennifer L. (D-4)(D)
- McGuire, John J. (D-5)(R)
- Cline, Ben (D-6)(R)
- Vindman, Eugene Simon (D-7)(D)
- Beyer, Donald S. (D-8)(D)
- Griffith, H. Morgan (D-9)(R)
- Subramanyam, Suhas (D-10)(D)
- Walkinshaw, James R. (D-11)(D)
Source: Congress.gov, Wikidata. Federal legislators represent Virginia statewide or by congressional district.
Virginia Beach economy
Virginia Beach is composed of a variety of industries, including national and international corporate headquarters, advanced manufacturers, defense contractors and locally owned businesses. The city's location and business climate have made it a hub of international commerce, as nearly 200 foreign firms have established a presence, an office location or their North American headquarters in Hampton Roads. Twenty internationally based firms have their U.S. or North American headquarters in Virginia Beach, including companies like Stihl, London Bridge Trading Company, Busch Vacuum Solutions, IMS Gear, and Sanjo Corte Fino. Other major companies headquartered in Virginia Beach include Amerigroup, the Christian Broadcasting Network and Operation Blessing International. Other major employers include GEICO, VT and Navy Exchange Service Command. In addition, Virginia Beach is home to a number of small, innovative companies, such as Morphix Technologies, who cater for military industry. In September 2023, it was announced that Amazon will build 2 new operational delivery facilities in Virginia Beach. Virginia Beach was ranked at number 45 on Forbes list of best places for business and careers. Tourism produces a large share of Virginia Beach's economy. With an estimated $857 million spent in tourism related industries, 14,900 jobs cater to 2.75 million visitors. City coffers benefit as visitors provide $73 million in revenue. Virginia Beach opened a Convention Center in 2005 which cat…
Source: Wikipedia article on Virginia Beach under CC BY-SA 4.0.
Climate in Virginia Beach
Monthly climate — Virginia Beach
Source: NOAA Climate Data Online, 1991–2020 climate normals, station GHCND:USC00440385.
Virginia Beach real estate news
Recent news about the Virginia Beach housing market. Source: Google News.
- Cavalier Hotel property could be sold to real estate investment firm - The Virginian-PilotThe Virginian-Pilot·
- Historic Cavalier Hotel and resort could be sold - WAVY.comWAVY.com·
- Real estate market trends in Virginia Beach, VA: Prices rise - MSNMSN·
- In HelloNation, Real Estate Expert Robert Ramey of Virginia Beach Explains Coastal Home Value and Waterfront Living - Yahoo FinanceYahoo Finance·
- Virginia Beach homeowners feel the financial squeeze as property assessments rise - 13newsnow.com13newsnow.com·
Virginia Beach real estate — frequently asked questions
- What is the median home price in Virginia Beach?
- The median home sale price in Virginia Beach, VA is $689,000, based on the most recent available sales data.
- How long do homes stay on the market in Virginia Beach?
- Homes in Virginia Beach sell in a median of 35 days.
- What is the cost of living like in Virginia Beach?
- Virginia Beach has a median household income of $90,685, per U.S. Census Bureau ACS estimates.
- Who lives in Virginia Beach?
- Virginia Beach has a population of 457,066 with a median age of 37.4 years, per U.S. Census Bureau ACS estimates.
- How do I sell my home in Virginia Beach?
- Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Virginia Beach market within 24 hours.
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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in Virginia. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.
