23455 — Virginia Beach city, Virginia Market Snapshot

Housing market data for zip code 23455 in Virginia Beach city, Virginia. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

89 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$519,000

10.4% YoYClosed sales

Days to Sell

21

Median, listing to close

Homes Sold

89

Closed in 2026

Inventory

47

Sale-to-List

100.1%

New Listings

118

Price/SqFt

$251

Pending Sales

113

Conforming Loan Available

Most homebuyers in 23455 can comfortably use conventional financing. The median home price of $519,000 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 23455 are moving quickly at 21 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 23455 (100.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.

Conforming Loan Feasibility

Most homebuyers in 23455 can comfortably use conventional financing. The median home price of $519,000 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 23455 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 23455

To purchase the median home at $519,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $4,126.

Monthly Payment

$4,126

Income Required

$176,846

Principal & Interest

$3,198/mo

Down Payment (5%)

$25,950

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 23455.

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Estimated Monthly Payment

$3,362

Principal & Interest$2,693
Property Tax$519
Insurance$150
Loan Amount$415,200
Total Interest$554,273
Income Required$144,085/yr

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