Virginia Beach, VA is gaining attention. The Realtor.com® November 2025 Housing Trends Report sees buyers recalibrating their expectations in a market shaped by higher financing costs and weakening national momentum.
The report highlights softening buyer activity, longer selling times, and elevated delistings—factors that continue pushing shoppers toward more affordable metros now recognized as refuge markets.
Virginia Beach stands out in this group, offering relative affordability for a coastal region paired with steady price growth.
Virginia Beach’s prices and pace illustrate its rising appeal
Virginia Beach recorded a median list price of $400,000 in November, up 2.6% year-over-year. Price per square foot rose 2.1% during the same period, outpacing the national decline of 1.0%. The metro also posted 16.2% PPSF growth since 2022, one of the stronger long-term gains among the refuge markets identified in the report. These metrics place Virginia Beach firmly within the cohort of traditionally affordable cities that continue to attract buyers despite broader affordability constraints…