The story of this market
The typical home in ZIP 23453 sells for about $350,000, or $227 per square foot.
Prices are down 7.3% from a year ago, which gives buyers more room to negotiate. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,774 a month.
ZIP 23453 — Virginia Beach
The 23453 housing market is currently experiencing a price correction with a year-over-year decline of 7.3% to a median price of $350,000. While the market remains competitive, specific data points such as rent, tax rates, and detailed demographic profiles for this specific ZIP code are not currently published in the available sources.
This area is well-suited for family buyers and military-affiliated households seeking proximity to regional employment centers and established residential communities.
Median prices moved down 7.3% year over year.
Homes spend a median of 23 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 8.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23453, Virginia Beach city, Virginia
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area benefits from proximity to major military installations and a stable white-collar employment base within the broader Virginia Beach economy.
Property taxes are assessed by the City of Virginia Beach based on fair market value; specific district levies may apply for utility or special service zones.
Residents typically commute via major regional corridors toward the Virginia Beach and Norfolk employment hubs.
The area features local parks and proximity to regional shopping and dining districts within the Virginia Beach city limits.
The rental market is characterized by steady demand driven by military personnel and local workforce needs, with moderate vacancy pressure.
The economy is anchored by the military, tourism, and a growing professional services sector in the Hampton Roads region.
The area is served by a network of arterial roads connecting to the broader Virginia Beach and Norfolk transit infrastructure.
The City of Virginia Beach Assessor's Office conducts annual assessments of real property based on market value.
Parcels are subject to city-wide tax levies and may fall within specific utility or service districts.
Data retrieved from US Census Bureau profile for Virginia Beach city.
- Apex Entertainment Virginia Beach4.55.2 mi
- Dave & Buster's4.12.4 mi
- Hunt Club Farm4.63 mi
- Sky Zone Trampoline Park4.28.6 mi
- Motor World4.14.9 mi
- Virginia Aquarium & Marine Science Center4.45.6 mi
- Virginia Zoo4.512.9 mi
- First Landing State Park4.79 mi
- Norfolk Botanical Garden4.810.7 mi
- Mount Trashmore Park4.74.2 mi
- Virginia Aquarium & Marine Science Center4.45.6 mi
- Chrysler Museum of Art4.813.1 mi
- Nauticus4.713 mi
- Cape Henry Lighthouse4.410.5 mi
- USS Wisconsin BB-644.813 mi
- First Landing State Park4.79 mi
- Norfolk Botanical Garden4.810.7 mi
- Mount Trashmore Park4.74.2 mi
- Virginia Beach Oceanfront Boardwalk4.77.5 mi
- Oak Grove Park4.710.4 mi
- VIG Portsmouth3.416.9 mi
- Cavalier Golf & Yacht Club4.77 mi
- Tidewater Yacht Marina4.713 mi
- Bay Point Marina4.511.4 mi
- Morningstar Marinas4.411.6 mi
- Topgolf Virginia Beach4.46.8 mi
- Virginia Beach National Golf Club4.51.7 mi
- Greenbrier Country Club4.57.9 mi
- Cavalier Golf & Yacht Club4.77 mi
- Heron Ridge Golf Club4.34.2 mi
- Lynnhaven Mall4.42.3 mi
- Norfolk Premium Outlets4.49.7 mi
- Greenbrier Mall4.18.5 mi
- Grand Mart4.47.8 mi
- Town Center of Virginia Beach4.55.3 mi
- Norfolk International Airport4.310.3 mi
- Naval Air Station Oceana4.33.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Various neighborhood parks serving the residential community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.