Virginia Beach, VA 23471 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Virginia Beach, VA — 23471
Median Listing Price
--
Population
--
Households
179,851
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
191K
units
Occupied
179,851
94.0%
Vacant
11,443
6.0%
2024 Tenure
180K
occupied
Owner
117,165
65.1%
Renter
62,686
34.9%
Renter Share
34.9%
-0.6% YoY
Total Housing Units
191,294
+0.3% YoY
FY2026 Fair Market Rent — Virginia Beach city
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,492
/month
1 BR
$1,512
/month
2 BR
$1,713
/month
3 BR
$2,376
/month
4 BR
$2,797
/month
FMR Trends — Virginia Beach city
Source: HUD Fair Market Rents
County Demographics
Median Age
37.9
2024
Population
Virginia Beach city Population
454,808
+0.2% YoY
Households
Total Households
179,851
0.0% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.49
-0.4% YoY
Age
2024 Age Mix
456K
residents
Under 18
99,859
21.9%
Adults 18–64
283,975
62.2%
65 & Over
72,515
15.9%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
99,859
-1.1% YoY
Population 65 & Over
72,515
+3.2% YoY
Median Age
37.90
+1.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
84.9%
Moved (within US)
14.2%
Other
0.9%
Veterans
15.7%
-1.9% YoY
County Economy
Income
Median Household Income
$93K
+2.5% YoY
Per-Capita Income
$49K
+2.9% YoY
Mean Household Income
$121K
+2.3% YoY
Poverty
Below Poverty Level
8.6%
+2.4% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
74.0%
Public transit
0.8%
Worked from home
14.3%
Other
10.9%
Worked From Home
14.3%
+12.6% YoY
Mean Commute
23.40
+0.9% YoY
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