23454 — Virginia Beach city, Virginia Market Snapshot
Housing market data for zip code 23454 in Virginia Beach city, Virginia. Updated monthly with median prices, days on market, and more.
Market Sales Data
198 sales in 2026 (year to date)
Median Sale Price
$434,000
Days to Sell
22
Homes Sold
198
Inventory
93
Sale-to-List
100.5%
New Listings
237
Price/SqFt
$257
Pending Sales
233
Conforming Loan Available
Most homebuyers in 23454 can comfortably use conventional financing. The median home price of $434,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 23454 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 23454 (100.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 23454 can comfortably use conventional financing. The median home price of $434,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 23454 are set at the county level.
2026 Loan Limits — Virginia Beach city
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $757,850 |
| 2 Units | $1,066,250 | $970,200 |
| 3 Units | $1,288,800 | $1,172,750 |
| 4 Units | $1,601,750 | $1,457,450 |
Affordability Snapshot — Zip 23454
To purchase the median home at $434,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,475.
Monthly Payment
$3,475
Income Required
$148,936
Principal & Interest
$2,674/mo
Down Payment (5%)
$21,700
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 23454.
Estimated Monthly Payment
$2,836
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