The market in numbers
$351K
Typical home value across the metro's 108 ZIP codes, August 2026
+3.3%
Change in the typical home value over the past 12 months
98 of 108
ZIP codes where home values are higher than a year ago
+4.9%
Typical yearly price growth over the past five years
$1,800
Typical monthly rent, in the 51 ZIP codes with rent data
6.4%
Typical gross rental yield: a year's rent over the home value
4.4×
Typical home value as a multiple of local median household income
+2.4%
Forecast for home values over the next 12 months, typical ZIP code
Home values over the last two years
The typical home in the Virginia Beach metro was worth $336,300 in September 2024 and $351,300 in August 2026, a change of +4.5% over two years. Values are at the highest point of the period.
Where prices are rising fastest
The ten Virginia Beach ZIP codes with the strongest change in home values over the past twelve months.
| ZIP code | Area | Home value | 12 months | 5 yrs, per year |
|---|---|---|---|---|
| 27937 | Gates, NC | $270,100 | +12.9% | +8.0% |
| 27926 | Corapeake, NC | $288,500 | +10.3% | +6.0% |
| 27935 | Eure, NC | $242,600 | +9.8% | +8.3% |
| 27979 | Hobbsville, NC | $228,200 | +9.4% | +6.6% |
| 27946 | Hobbsville, NC | $242,400 | +9.3% | +7.2% |
| 27938 | Gatesville, NC | $220,300 | +8.9% | +6.3% |
| 23457 | Virginia Beach, VA | $676,600 | +5.9% | +5.7% |
| 23072 | Hayes, VA | $369,800 | +5.3% | +5.0% |
| 23062 | Gloucester Point, VA | $356,500 | +4.2% | +5.0% |
| 23898 | Zuni, VA | $346,400 | +4.2% | +4.5% |
Where prices are falling
10 of the metro's ZIP codes are below where they were a year ago. These are the ten largest declines.
| ZIP code | Area | Home value | 12 months | From its peak |
|---|---|---|---|---|
| 23827 | Boykins, VA | $173,600 | −5.4% | −12.5% |
| 23510 | Norfolk, VA | $329,200 | −1.6% | −5.2% |
| 27947 | Poplar Branch, NC | $358,100 | −1.2% | −1.2% |
| 27927 | Corolla, NC | $881,100 | −1.1% | −2.1% |
| 23874 | Newsoms, VA | $222,400 | −0.9% | −7.0% |
| 23517 | Norfolk, VA | $327,300 | −0.7% | −2.0% |
| 23704 | Portsmouth, VA | $240,000 | −0.7% | −2.4% |
| 23056 | Gloucester, VA | $355,900 | −0.6% | −2.5% |
| 23664 | Hampton, VA | $312,600 | −0.5% | −6.9% |
| 27950 | Knotts Island, NC | $407,900 | −0.3% | −0.3% |
Best rental yields
Gross yield is a year's rent divided by the home value, before costs. These are the 10 highest yields among the 51 Virginia Beach ZIP codes with a rent index.
| ZIP code | Area | Home value | Monthly rent | Gross yield | Rent, 12 months |
|---|---|---|---|---|---|
| 23607 | Newport News, VA | $188,100 | $1,600 | 10.2% | +7.0% |
| 23663 | Hampton, VA | $240,900 | $1,700 | 8.4% | −0.4% |
| 23702 | Portsmouth, VA | $228,200 | $1,600 | 8.4% | +12.3% |
| 23661 | Hampton, VA | $246,500 | $1,700 | 8.3% | +16.8% |
| 23509 | Norfolk, VA | $286,400 | $2,000 | 8.2% | +10.3% |
| 23704 | Portsmouth, VA | $240,000 | $1,600 | 8.1% | +6.4% |
| 23669 | Hampton, VA | $289,800 | $1,900 | 7.9% | +2.3% |
| 23690 | Yorktown, VA | $386,900 | $2,600 | 7.9% | n/a |
| 23605 | Newport News, VA | $231,000 | $1,500 | 7.7% | +9.2% |
| 23701 | Portsmouth, VA | $266,400 | $1,700 | 7.7% | +5.6% |
Most affordable against local incomes
Home value divided by the median household income of the people who live in the ZIP code. A lower multiple means homes cost fewer years of local earnings. The metro typical is 4.4×.
| ZIP code | Area | Home value | Median income | Price to income |
|---|---|---|---|---|
| 23436 | Suffolk, VA | $523,200 | $202,700 | 2.6× |
| 23829 | Capron, VA | $238,100 | $88,800 | 2.7× |
| 23827 | Boykins, VA | $173,600 | $62,700 | 2.8× |
| 23828 | Branchville, VA | $185,800 | $63,700 | 2.9× |
| 23603 | Newport News, VA | $276,200 | $88,200 | 3.1× |
| 23878 | Sedley, VA | $281,400 | $87,100 | 3.2× |
| 27946 | Hobbsville, NC | $242,400 | $74,400 | 3.3× |
| 23168 | Toano, VA | $459,800 | $137,500 | 3.3× |
| 27929 | Currituck, NC | $452,500 | $132,700 | 3.4× |
| 23076 | Gwynn, VA | $372,300 | $106,400 | 3.5× |
Who is moving in
Household moves between the 2022 and 2023 tax years. Migration is measured by county, so the figures cover each county in the metro rather than single ZIP codes. 10 of the metro's 17 counties gained households. The last column is how much more, or less, the average arriving household earned than the average household that left.
| County | Net households | Net income moved | Arrivals vs leavers, per household |
|---|---|---|---|
| Suffolk City, VA | +1,252 | +$90.2M | +$1,264 |
| Currituck County, NC | +390 | +$84.9M | +$25,763 |
| Isle of Wight County, VA | +266 | +$22.2M | +$1,108 |
| Gloucester County, VA | +154 | +$36.6M | +$11,352 |
| James City County, VA | +152 | +$55.5M | +$6,807 |
| Southampton County, VA | +110 | +$11.8M | +$7,459 |
| Camden County, NC | +40 | +$6.6M | +$6,237 |
| Poquoson City, VA | +32 | +$3.8M | +$1,308 |
| Mathews County, VA | +28 | −$1.1M | −$6,888 |
| Gates County, NC | +8 | +$3.9M | +$8,019 |
| Portsmouth City, VA | −116 | −$33.7M | −$3,219 |
| James City County, VA | −254 | −$21.4M | −$485 |
What CITIZEN sees
CITIZEN grades every US ZIP code on one national scale, reading price and its direction, rent, local earnings, resident equity and where buyers and their money are arriving from. Grades are ranks: an A is the top 10% of the country, an F the bottom 10%. In the Virginia Beach metro, 6 of 108 ZIP codes grade A and 1 grade F. Which ones, and why, is in CITIZEN.
All 108 ZIP codes
Every ZIP code in the metro with a home value, in numerical order.
Show all 108 ZIP codes
| ZIP code | Area | Home value | 12 months | 5 yrs, per year | Monthly rent | Gross yield |
|---|---|---|---|---|---|---|
| 23035 | Hardyville, VA | $357,000 | +1.7% | +3.8% | n/a | n/a |
| 23050 | Dutton, VA | $351,800 | +3.8% | +5.2% | n/a | n/a |
| 23056 | Gloucester, VA | $355,900 | −0.6% | n/a | n/a | n/a |
| 23061 | Gloucester, VA | $383,100 | +3.6% | +5.7% | n/a | n/a |
| 23062 | Gloucester Point, VA | $356,500 | +4.2% | +5.0% | n/a | n/a |
| 23072 | Hayes, VA | $369,800 | +5.3% | +5.0% | n/a | n/a |
| 23076 | Gwynn, VA | $372,300 | +2.6% | +3.2% | n/a | n/a |
| 23109 | Mathews, VA | $340,400 | +1.3% | +3.0% | n/a | n/a |
| 23128 | Gloucester, VA | $369,700 | +2.6% | +5.9% | n/a | n/a |
| 23138 | Susan, VA | $341,200 | +1.1% | +3.1% | n/a | n/a |
| 23149 | Saluda, VA | $326,100 | +2.6% | +5.3% | n/a | n/a |
| 23168 | Toano, VA | $459,800 | +2.3% | +4.5% | n/a | n/a |
| 23185 | Williamsburg, VA | $464,200 | +2.8% | +5.3% | $2,100 | 5.4% |
| 23188 | Williamsburg, VA | $471,300 | +1.1% | +4.9% | $2,100 | 5.4% |
| 23314 | Carrollton, VA | $420,500 | +1.8% | +2.9% | $1,900 | 5.3% |
| 23315 | Carrsville, VA | $317,400 | +1.5% | +3.0% | n/a | n/a |
| 23320 | Chesapeake, VA | $391,200 | +3.6% | +4.9% | $2,100 | 6.4% |
| 23321 | Chesapeake, VA | $404,200 | +3.5% | +5.0% | $1,900 | 5.6% |
| 23322 | Chesapeake, VA | $553,700 | +3.3% | +4.9% | $2,800 | 6.0% |
| 23323 | Chesapeake, VA | $427,200 | +3.5% | +4.8% | $2,300 | 6.6% |
| 23324 | Chesapeake, VA | $286,300 | +2.6% | +5.5% | $1,800 | 7.5% |
| 23325 | Chesapeake, VA | $331,000 | +3.9% | +5.0% | $2,000 | 7.1% |
| 23430 | Smithfield, VA | $412,400 | +2.8% | +2.9% | n/a | n/a |
| 23432 | Suffolk, VA | $458,400 | +3.5% | +4.8% | n/a | n/a |
| 23433 | Suffolk, VA | $564,200 | +2.5% | +5.9% | n/a | n/a |
| 23434 | Suffolk, VA | $344,400 | +2.8% | +4.8% | $1,900 | 6.5% |
| 23435 | Suffolk, VA | $453,100 | +2.1% | +4.8% | $2,500 | 6.5% |
| 23436 | Suffolk, VA | $523,200 | +1.4% | +4.4% | n/a | n/a |
| 23437 | Suffolk, VA | $353,900 | +3.5% | +4.3% | n/a | n/a |
| 23438 | Suffolk, VA | $361,800 | +4.0% | +5.2% | n/a | n/a |
| 23451 | Virginia Beach, VA | $661,900 | +3.8% | +5.0% | $2,100 | 3.9% |
| 23452 | Virginia Beach, VA | $385,700 | +3.8% | +4.5% | $1,800 | 5.7% |
| 23453 | Virginia Beach, VA | $372,800 | +3.5% | +4.5% | $1,900 | 6.2% |
| 23454 | Virginia Beach, VA | $461,900 | +3.4% | +4.8% | $2,100 | 5.5% |
| 23455 | Virginia Beach, VA | $462,000 | +3.7% | +4.6% | $2,200 | 5.8% |
| 23456 | Virginia Beach, VA | $558,800 | +3.9% | +4.8% | $2,600 | 5.7% |
| 23457 | Virginia Beach, VA | $676,600 | +5.9% | +5.7% | n/a | n/a |
| 23462 | Virginia Beach, VA | $326,900 | +4.0% | +5.1% | $2,000 | 7.4% |
| 23464 | Virginia Beach, VA | $409,100 | +3.2% | +4.6% | $2,000 | 5.9% |
| 23487 | Windsor, VA | $350,900 | +4.2% | +3.2% | n/a | n/a |
| 23502 | Norfolk, VA | $311,700 | +1.4% | +3.6% | $1,700 | 6.7% |
| 23503 | Norfolk, VA | $316,500 | +1.6% | +4.1% | $1,700 | 6.3% |
| 23504 | Norfolk, VA | $273,300 | +0.8% | +4.2% | $1,700 | 7.6% |
| 23505 | Norfolk, VA | $329,200 | +2.0% | +3.7% | $1,600 | 5.8% |
| 23507 | Norfolk, VA | $480,300 | +0.9% | +3.0% | $1,600 | 3.9% |
| 23508 | Norfolk, VA | $382,100 | +0.3% | +3.1% | $1,900 | 6.1% |
| 23509 | Norfolk, VA | $286,400 | +2.5% | +4.0% | $2,000 | 8.2% |
| 23510 | Norfolk, VA | $329,200 | −1.6% | +1.6% | $1,800 | 6.6% |
| 23513 | Norfolk, VA | $274,700 | +1.9% | +3.9% | $1,700 | 7.3% |
| 23517 | Norfolk, VA | $327,300 | −0.7% | +2.2% | $1,700 | 6.3% |
| 23518 | Norfolk, VA | $343,100 | +1.1% | +3.7% | $1,900 | 6.8% |
| 23523 | Norfolk, VA | $259,600 | +1.2% | +3.9% | n/a | n/a |
| 23601 | Newport News, VA | $295,600 | +2.5% | +5.2% | $1,500 | 6.0% |
| 23602 | Newport News, VA | $313,500 | +3.3% | +5.4% | $1,700 | 6.4% |
| 23603 | Newport News, VA | $276,200 | +2.0% | +5.1% | n/a | n/a |
| 23605 | Newport News, VA | $231,000 | +1.4% | +6.6% | $1,500 | 7.7% |
| 23606 | Newport News, VA | $367,100 | +2.8% | +4.9% | $1,700 | 5.5% |
| 23607 | Newport News, VA | $188,100 | +2.9% | +9.5% | $1,600 | 10.2% |
| 23608 | Newport News, VA | $306,500 | +3.0% | +5.5% | $1,600 | 6.2% |
| 23661 | Hampton, VA | $246,500 | +1.1% | +4.7% | $1,700 | 8.3% |
| 23662 | Poquoson, VA | $463,600 | +1.6% | +4.1% | $1,700 | 4.4% |
| 23663 | Hampton, VA | $240,900 | +2.6% | +6.0% | $1,700 | 8.4% |
| 23664 | Hampton, VA | $312,600 | −0.5% | +2.8% | $1,600 | 6.3% |
| 23666 | Hampton, VA | $296,800 | +1.8% | +4.9% | $1,700 | 6.9% |
| 23669 | Hampton, VA | $289,800 | +2.4% | +5.1% | $1,900 | 7.9% |
| 23690 | Yorktown, VA | $386,900 | +2.2% | +5.2% | $2,600 | 7.9% |
| 23692 | Yorktown, VA | $457,200 | +2.3% | +4.6% | $2,300 | 5.9% |
| 23693 | Yorktown, VA | $536,400 | +2.2% | +5.1% | $2,000 | 4.5% |
| 23696 | Seaford, VA | $502,600 | +2.0% | +4.7% | n/a | n/a |
| 23701 | Portsmouth, VA | $266,400 | +2.6% | +5.0% | $1,700 | 7.7% |
| 23702 | Portsmouth, VA | $228,200 | +0.2% | +5.1% | $1,600 | 8.4% |
| 23703 | Portsmouth, VA | $324,700 | +3.2% | +4.8% | $2,000 | 7.3% |
| 23704 | Portsmouth, VA | $240,000 | −0.7% | +4.7% | $1,600 | 8.1% |
| 23707 | Portsmouth, VA | $256,700 | +1.5% | +4.8% | $1,400 | 6.5% |
| 23827 | Boykins, VA | $173,600 | −5.4% | +2.6% | n/a | n/a |
| 23828 | Branchville, VA | $185,800 | +0.8% | +2.4% | n/a | n/a |
| 23829 | Capron, VA | $238,100 | +0.9% | +3.4% | n/a | n/a |
| 23837 | Courtland, VA | $293,600 | +2.4% | +4.9% | n/a | n/a |
| 23844 | Drewryville, VA | $226,200 | +1.6% | +3.3% | n/a | n/a |
| 23851 | Franklin, VA | $250,300 | +1.6% | +5.8% | $1,300 | 6.3% |
| 23866 | Ivor, VA | $306,500 | +3.9% | +5.1% | n/a | n/a |
| 23874 | Newsoms, VA | $222,400 | −0.9% | +3.7% | n/a | n/a |
| 23878 | Sedley, VA | $281,400 | +1.8% | +3.9% | n/a | n/a |
| 23898 | Zuni, VA | $346,400 | +4.2% | +4.5% | n/a | n/a |
| 27916 | Aydlett, NC | $423,500 | +1.8% | +4.1% | n/a | n/a |
| 27917 | Barco, NC | $347,200 | +1.9% | +6.1% | n/a | n/a |
| 27921 | Camden, NC | $393,100 | +2.7% | +5.7% | n/a | n/a |
| 27923 | Coinjock, NC | $418,900 | +1.5% | +4.4% | n/a | n/a |
| 27926 | Corapeake, NC | $288,500 | +10.3% | +6.0% | n/a | n/a |
| 27927 | Corolla, NC | $881,100 | −1.1% | +4.5% | n/a | n/a |
| 27929 | Currituck, NC | $452,500 | +1.2% | +4.4% | n/a | n/a |
| 27935 | Eure, NC | $242,600 | +9.8% | +8.3% | n/a | n/a |
| 27937 | Gates, NC | $270,100 | +12.9% | +8.0% | n/a | n/a |
| 27938 | Gatesville, NC | $220,300 | +8.9% | +6.3% | n/a | n/a |
| 27939 | Grandy, NC | $396,400 | +0.5% | +5.6% | n/a | n/a |
| 27941 | Harbinger, NC | $517,500 | +2.3% | +7.9% | n/a | n/a |
| 27946 | Hobbsville, NC | $242,400 | +9.3% | +7.2% | n/a | n/a |
| 27947 | Poplar Branch, NC | $358,100 | −1.2% | +5.7% | n/a | n/a |
| 27950 | Knotts Island, NC | $407,900 | −0.3% | +4.9% | n/a | n/a |
| 27956 | Maple, NC | $388,900 | +0.7% | +4.5% | n/a | n/a |
| 27958 | Moyock, NC | $497,700 | +1.8% | +5.0% | n/a | n/a |
| 27964 | Point Harbor, NC | $479,700 | +4.0% | +7.5% | n/a | n/a |
| 27965 | Aydlett, NC | $339,400 | +0.9% | +5.4% | n/a | n/a |
| 27966 | Harbinger, NC | $417,100 | +2.5% | +5.6% | n/a | n/a |
| 27973 | Shawboro, NC | $402,000 | +1.5% | +5.0% | n/a | n/a |
| 27974 | Shawboro, NC | $335,600 | +2.4% | +6.7% | n/a | n/a |
| 27976 | South Mills, NC | $418,500 | +2.5% | +5.9% | n/a | n/a |
| 27979 | Hobbsville, NC | $228,200 | +9.4% | +6.6% | n/a | n/a |
Questions
Are home prices going up or down in Virginia Beach?
Up. Home values across the Virginia Beach-Norfolk-Newport News metro are up 3.3% over the past twelve months, to a typical $351K, and 98 of its 108 ZIP codes are higher than a year ago.
What is the typical home value in Virginia Beach?
$351,300 across the metro's 108 ZIP codes, as of August 2026. It ranges from $173,600 in ZIP 23827 to $881,100 in ZIP 27927.
What is the typical rent in Virginia Beach?
About $1,800 a month, across the 51 ZIP codes with rent data, up 6.7% over the past year.
Which Virginia Beach ZIP codes are rising fastest?
27937 (Gates, NC, +12.9%), 27926 (Corapeake, NC, +10.3%), 27935 (Eure, NC, +9.8%), over the past twelve months.
What is the forecast for Virginia Beach home prices?
The forecast for the typical ZIP code in the metro is +2.4% over the next twelve months. Forecasts are estimates and change every month.
Other housing markets
- Richmond, VA
- Raleigh, NC
- Washington, DC
- Durham, NC
- Baltimore, MD
- Greensboro, NC
- Winston-Salem, NC
- Philadelphia, PA
- All markets
Sources and method
- Source: CITIZEN, Lualdi Advisors' US housing market intelligence. Home values, rents and forecasts through August 2026; household incomes 2020 to 2024; migration for tax years 2022 to 2023; new homes permitted in 2025.
- Metro figures are medians across the ZIP codes in the metro, not a separate metro index. The two-year chart is the median ZIP value for each month. Grades and scores are CITIZEN's own.
- Updated monthly. Last updated 2026-10-14.
