Virginia Beach home prices range from the low $300s in inland zip codes to over $1.2 million near the Oceanfront. The citywide median sits at $405,000 — but that number hides a spread wide enough to define entirely different financial decisions depending on which neighborhood you're searching.
The Virginia Beach Neighborhood Price Guide: What Each Area Actually Costs
Virginia Beach is one city with dramatically different submarkets, and understanding where each falls on the price spectrum is the foundation of a smart buying or selling strategy in 2025.
Here's how the major neighborhoods and zip codes stack up based on July–August 2025 data:
• **Zip code 23464 (Kempsville area):** Median prices in the low-to-mid $300s. This is one of the most accessible entry points in the city — more inventory, more competition from first-time buyers, and stronger cash flow potential for investors.
• **Citywide median:** $405,000, up roughly 5% year over year. Homes are moving fast — average 25 days to contract — which means serious buyers need to be pre-approved and ready.
• **Zip code 23451 / Oceanfront corridor:** Median around $600,000 as of July 2025, down about 4.8% year over year. Average days on market: 32 days. Prices pulled back slightly, but demand remains steady.
• **Oceanfront neighborhood:** Median of approximately $612,000, down 11.7% year over year. That year-over-year dip matters — it reflects both seasonal softness and some affordability ceiling pressure at this price point. If you're a seller here, knowing your current value is critical. Find out what your home is worth →
• **Town Center / CBD:** Median jumped to $761,750 in July 2025. Important caveat: only 4 homes sold that month, so treat this figure as directional rather than definitive. Still, it confirms that Town Center condos and attached homes command a significant premium.
• **North End:** The top of the Virginia Beach market. Median of $1.22 million as of July 2025, down 7% year over year, with homes averaging 37 days on market. This is a luxury segment with its own pace and buyer pool.
What This Price Spread Means for Buyers and Sellers
• **For buyers:** Your pre-approval amount only tells you what you can borrow — neighborhood-level data tells you what that buys. $500K in Kempsville gets you a substantially different home than $500K near the Oceanfront.
• **For PCS/military buyers:** BAH rates for Virginia Beach are calibrated to the regional median, not neighborhood premiums. If your orders bring you here, zip code 23464 and similar inland areas typically offer the most purchasing power within your housing allowance.
• **For sellers in premium zip codes:** Year-over-year softness in North End and the Oceanfront doesn't mean the market is broken — it means pricing strategy matters more than it did two years ago. Find out what your home is worth →
• **For investors:** The spread between 23464 and 23451 creates opportunities. Lower acquisition costs inland combined with Virginia Beach's rental demand can produce better cap rates than Oceanfront properties at peak pricing.
Virginia Beach rewards buyers and sellers who understand the neighborhood-level data. The citywide median is a starting point — not a strategy. Explore more on our Virginia Beach community pages to go deeper on specific areas.
Frequently Asked Questions
What is the median home price in Virginia Beach in 2025?
The citywide median home sale price in Virginia Beach is approximately $405,000 as of mid-2025, up roughly 5% year over year. However, prices vary significantly by neighborhood — from the low $300s in zip code 23464 to over $1.2 million in the North End.
Which Virginia Beach neighborhood has the highest home prices?
North End Virginia Beach recorded the highest median sale price in July 2025 at approximately $1.22 million, making it the most expensive submarket in the city. The Oceanfront corridor and Town Center area follow, with medians in the $600,000–$760,000 range.
Is Virginia Beach a good market for first-time buyers in 2025?
Yes, depending on which neighborhood you target. Zip codes like 23464 in the Kempsville area offer entry-level pricing in the low-to-mid $300s, which aligns more closely with FHA and VA loan limits. The citywide average of 25 days to contract means competition is real, so getting pre-approved before you search is essential.