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How competitive is the Virginia Beach-Chesapeake-Norfolk housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 26/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.14
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 33
- YoY days on market
- Price cuts
- 27.4%
- YoY of active listings
Virginia Beach-Chesapeake-Norfolk is soft for sellers as of May 2026, with a Sold Score of 26/100 (Difficult Selling Environment).
**Pending ratio** is 0.14 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +13.7% — more choices for buyers than a year ago.
**Median days on market** is 33. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 27.4% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 26/100 (Difficult Selling Environment) · Pending ratio: 0.14 · Inventory YoY: +13.7% · Median days on market: 33 · Sellers cutting price: 27.4% · Median listing price: $439,100 (+5.8% YoY)
Virginia Beach-Chesapeake-Norfolk snapshot
As of the latest 2026 data- Median listing
- $439K
- YoY +0.1%
- Active inventory
- 5,234
- YoY +0.1%
- Median DOM
- 37
- YoY -0.0%
- Pending ratio
- 0.13
- YoY +0.0%
- Price-reduced
- 18.5%
- YoY -0.0%