Virginia Beach, VA home prices
Typical home $371,181 · +2.9% in a year · income needed $104,200
The Virginia Beach, VA metro area ranks 191 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.9% in a year and +25.7% over five years. With 20% down at 7.11%, the typical home costs about $2,431 a month including 0.8% property tax (Virginia Beach City rate).
Mortgage on the typical Virginia Beach home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $74,236 | $296,945 | $1,998 | $0 | $433 | $2,431 | $104,200 |
| 10% down | $37,118 | $334,063 | $2,247 | $139 | $433 | $2,820 | $120,800 |
| 5% down | $18,559 | $352,622 | $2,372 | $147 | $433 | $2,952 | $126,500 |
| 3.5% down (FHA) | $12,991 | $364,458 | $2,452 | $164 | $433 | $3,049 | $130,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.8% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Virginia Beach area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Virginia Beach City, VA | $424,664 | +3.1% | 0.8% |
| Chesapeake City, VA | $424,806 | +3.6% | 0.82% |
| Norfolk City, VA | $310,877 | +1.5% | 1% |
| Newport News City, VA | $291,426 | +2.8% | 1.01% |
| Hampton City, VA | $279,270 | +2.5% | 0.95% |
| Portsmouth City, VA | $266,486 | +2.5% | 1.04% |
| Suffolk City, VA | $387,665 | +2.8% | 0.93% |
| James City County, VA | $484,205 | +1.8% | 0.65% |
| York County, VA | $463,575 | +2.8% | 0.64% |
| Gloucester County, VA | $375,131 | +4.0% | 0.57% |
| Isle of Wight County, VA | $383,688 | +2.2% | 0.7% |
| Currituck County, NC | $543,963 | +0.7% | 0.46% |
| Southampton County, VA | $273,820 | +2.4% | 0.66% |
| Williamsburg City, VA | $414,600 | +3.4% | 0.59% |
| Poquoson City, VA | $460,122 | +1.8% | 0.92% |
| Gates County, NC | $255,286 | +10.6% | 0.76% |
| Camden County, NC | $394,319 | +2.2% | 0.58% |
| Mathews County, VA | $349,114 | +1.5% | 0.43% |
| Franklin City, VA | $235,735 | +2.4% | 0.71% |
What can you afford in Virginia on your salary? · Virginia home prices · Salaries in Virginia
Frequently asked questions
How much is a house in Virginia Beach?
The typical home in the Virginia Beach, VA metro area is worth $371,181 (Zillow, September 2026).
What salary do you need to buy a house in Virginia Beach?
About $104,200 a year for the typical home with 20% down at 7.11%.