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How competitive is the Virginia Beach-Chesapeake-Norfolk housing market?
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
Virginia Beach-Chesapeake-Norfolk is soft for sellers as of September 2026, with a Sold Score of 25/100 (Difficult Selling Environment).
**Pending ratio** is 0.09 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +14.6% — more choices for buyers than a year ago.
**Median days on market** is 44. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 33.0% of active listings — above 25% signals sellers are widely overshooting list price.
— 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%