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Virginia Beach, VA Housing

 
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As of 2010-2014, median price of a house in Virginia Beach is $263,200, which is higher than the state average of $243,500 and is higher than the national average of $175,700. The Virginia Beach median house value has grown by 113.64% since 2000. The growth rate for the price of a house in Virginia Beach is higher than the state average rate of 94.18% and is much higher than the national average rate of 46.91%. The median year that a house in Virginia Beach was built is 1982, which is newer than the median year for a house built in the state which is 1980 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 105,999 Owner Occupied Houses in Virginia Beach, VA, #159
Virginia Beach, VA
263,200 USD
Virginia
243,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #65
Virginia Beach, VA
113.64%
Virginia
94.18%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Virginia Beach, VAVirginiaU.S.
Total Housing Units179,842, see rank, 100%3,403,241132,741,033
Occupied Housing Units165,296, 91.91%, see rank89.38%87.55%
Owner Occupied105,999, 58.94%, see rank59.60%56.34%
Renter Occupied59,297, 32.97%, see rank29.78%31.21%
Vacant Housing Units14,546, 8.09%, see rank10.62%12.45%
For Rent3,416, 1.90%, see rank2.10%2.34%
For Sale Only2,131, 1.18%, see rank1.09%1.20%
Rented or Sold, Not Occupied2,345, 1.30%, see rank1.20%0.92%
For Seasonal, Recreational, or Occasional Use3,288, 1.83%, see rank2.67%3.97%
For Migrant Workers24, 0.01%, see rank0.02%0.03%
Other Vacant3,342, 1.86%, see rank3.55%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #171
Virginia Beach, VAVirginiaU.S.
198219801976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Virginia Beach, VA%VirginiaU.S.
Owner-Occupied Units105,999100%2,028,24474,787,460
With a Mortgage84,49779.71%, see rank71.14%65.58%
Without a Mortgage21,50220.29%, see rank28.86%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Virginia Beach, VA
1,826 USD
Virginia
1,742 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsVirginia Beach, VA%VirginiaU.S.
$299 or Less740.09%, see rank0.23%0.20%
$300 to $4995150.61%, see rank1.45%1.59%
$500 to $6991,2711.50%, see rank3.72%5.01%
$700 to $9995,6236.65%, see rank10.40%14.32%
$1,000 to $1,49918,92822.40%, see rank23.15%27.90%
$1,500 to $1,99923,90128.29%, see rank21.20%20.35%
$2,000 to $2,99924,62029.14%, see rank24.77%19.52%
$3,000 or More9,56511.32%, see rank15.06%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Virginia Beach, VA
25.80% of the Total Income
Virginia
23.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Virginia Beach, VA%VirginiaU.S.
10% or Less3,2453.84%, see rank6.18%5.86%
10% to 20%23,56727.89%, see rank32.74%31.95%
20% to 30%24,85229.41%, see rank29.30%27.64%
30% to 40%13,49415.97%, see rank13.96%13.74%
40% or More18,93122.40%, see rank17.46%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Virginia Beach, VA
566 USD
Virginia
429 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsVirginia Beach, VA%VirginiaU.S.
$199 or Less6162.86%, see rank8.34%7.76%
$200 to $2991,3136.11%, see rank17.18%14.70%
$300 to $4996,16128.65%, see rank35.90%34.63%
$500 to $6996,85931.90%, see rank20.27%21.16%
$700 or More6,55330.48%, see rank18.31%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Virginia Beach, VA
11.90% of the Total Income
Virginia
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Virginia Beach, VA%VirginiaU.S.
10% or Less8,97341.73%, see rank46.49%40.19%
10% to 20%6,66430.99%, see rank29.97%31.47%
20% to 30%2,66712.40%, see rank10.53%12.24%
30% to 40%1,1245.23%, see rank4.67%5.64%
40% or More1,8478.59%, see rank7.24%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Virginia Beach, VAVirginiaU.S.
Total Housing Units179,842, 100%3,403,241132,741,033
1-unit, Detached99,237, 55.18%, see rank61.97%61.65%
1-unit, Attached37,362, 20.77%, see rank10.88%5.82%
2 Units2,701, 1.50%, see rank1.67%3.75%
3 or 4 Units7,402, 4.12%, see rank2.74%4.43%
5 to 9 Units13,221, 7.35%, see rank4.64%4.78%
10 or More Units18,000, 10.01%, see rank12.76%13.08%
Mobile Home, Boat, RV, Van, etc.1,919, 1.07%, see rank5.34%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Virginia Beach, VAVirginiaU.S.
Total Housing Units179,842, 100%3,403,241132,741,033
1 Room1,423, 0.79%, see rank1.33%1.95%
2 Rooms2,047, 1.14%, see rank1.73%2.48%
3 Rooms9,781, 5.44%, see rank6.92%9.13%
4 Rooms25,959, 14.43%, see rank14.48%16.60%
5 Rooms31,170, 17.33%, see rank17.82%20.41%
6 Rooms32,501, 18.07%, see rank16.80%18.06%
7 Rooms27,133, 15.09%, see rank13.06%12.27%
8 Rooms24,520, 13.63%, see rank10.92%8.48%
9 Rooms or More25,308, 14.07%, see rank16.94%10.60%
Median Rooms6.10, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Virginia Beach, VAVirginiaU.S.
Total Housing Units179,842, 100%3,403,241132,741,033
No Bedroom1,450, 0.81%, see rank1.46%2.17%
1 Bedroom10,874, 6.05%, see rank8.47%11.16%
2 Bedrooms41,384, 23.01%, see rank23.83%26.69%
3 Bedrooms72,616, 40.38%, see rank39.65%39.70%
4 Bedrooms42,691, 23.74%, see rank20.28%16.05%
5 or More Bedrooms10,827, 6.02%, see rank6.31%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Virginia Beach, VAVirginiaU.S.
Total Housing Units165,296, 100%3,041,710116,211,092
Utility Gas56,717, 34.31%, see rank33.74%48.85%
Bottled, Tank, or LP Gas1,489, 0.90%, see rank4.51%4.86%
Electricity100,640, 60.88%, see rank52.28%36.68%
Fuel Oil, Kerosene, etc.5,076, 3.07%, see rank6.01%5.86%
Coal or Coke0, 0.00%, see rank0.08%0.12%
Wood532, 0.32%, see rank2.76%2.12%
Solar Energy10, 0.01%, see rank0.02%0.05%
Other Fuel398, 0.24%, see rank0.29%0.47%
No Fuel Used434, 0.26%, see rank0.30%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalVirginia Beach, VAVirginiaU.S.
Occupied Units Paying Rent57,584, 100%957,68639,201,928
$199 or Less201, 0.35%, see rank1.61%1.50%
$200 to $299414, 0.72%, see rank2.46%3.18%
$300 to $4991,016, 1.76%, see rank5.54%7.37%
$500 to $6991,392, 2.42%, see rank10.39%16.01%
$700 to $99910,262, 17.82%, see rank22.57%29.17%
$1,000 to $1,49928,029, 48.67%, see rank30.50%26.88%
$1,500 to $1,99911,681, 20.29%, see rank15.76%9.79%
$2,000 or More4,589, 7.97%, see rank11.16%6.10%
Median$1,239, see rank$1,108$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Virginia Beach, VAVirginiaU.S.
Occupied Housing Units165,296, 100%3,041,710116,211,092
No Vehicles Available6,484, 3.92%, see rank6.38%9.12%
1 Vehicles Available50,597, 30.61%, see rank30.54%33.80%
2 Vehicles Available71,498, 43.25%, see rank38.24%37.48%
3 or More Vehicles Available36,717, 22.21%, see rank24.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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