Local Market0 views · 1 answer
Are buyers active in Virginia Beach-Chesapeake-Norfolk?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 25/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.09
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 44
- YoY days on market
- Price cuts
- 33.0%
- YoY of active listings
Buyer demand in Virginia Beach-Chesapeake-Norfolk is **cautious** as of September 2026. The pending ratio is 0.09 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 44 days to go under contract. Active inventory is +14.6% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 33.0% of listings have cut price. Overall, the Primpted Sold Score for Virginia Beach-Chesapeake-Norfolk is 25/100 (Difficult Selling Environment).
— Live indicators (September 2026): Sold Score: 25/100 (Difficult Selling Environment) · Pending ratio: 0.09 · Inventory YoY: +14.6% · Median days on market: 44 · Sellers cutting price: 33.0% · Median listing price: $429,950 (+4.9% YoY)
Virginia Beach-Chesapeake-Norfolk snapshot
As of the latest 2026 data- Median listing
- $430K
- YoY +0.0%
- Active inventory
- 5,760
- YoY +0.1%
- Median DOM
- 44
- YoY 0.0%
- Pending ratio
- 0.09
- YoY -0.0%
- Price-reduced
- 21.6%
- YoY -0.0%