While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
Oceanfront: Renowned for its picturesque coastline and lively promenade, is an area at the Virginia Beach foreclosure listings which have all good returns on investment. The properties here are much sought after because of their strategic locations and their high demand by tourists.
Kempsville: This neighborhood is quiet; a mix of city-living convenience with suburban living comfort. When looking for foreclosures suitable for families or investors who want to live near amenities and schools, Kempsville is the right place.
Great Neck: Foreclosure lists frequently appear in Great Neck due to the upscale houses it contains in addition to being located close to some of the best schools. This region is always preferred by those who can afford the plush environments typical of suburbia.
Lynnhaven: This area provides options for different kinds of housing such as foreclosure properties that are close to shopping malls and recreational grounds. Its an ideal place for first time home buyers due to its affordability and central nature.
Bayside: Represents a variety of communities with many cheap foreclosures available. Bayside is perfect for those looking to settle down in a family-oriented neighborhood that has access to parks and a good school system alike.
Median Home Price (12 Mo): $375,000
Median Single-Family Home Price: $400,000
Median Townhouse Price: $340,000
Median 2-Bedroom Price: $320,000
Median 1-Bedroom Price: $250,000
Average Price Per Sq Ft: $205
Number of Homes for Sale: Approximately 1,250
Last 12 Months Home Sales: Approximately 5,200 units (down 3% YoY)
Months of Supply: 2.8 months
Median List Price: $379,000
Median Discount From 1st List Price: 2.8%
Median Home Sale Price YoY Change: -2.3%
Percentage Rate of Foreclosure: 0.2%
Foreclosure Data:
Here are the top three schools in Virginia Beach, renowned for their excellence in education: