The story of this market
The typical home in ZIP 23457 sells for about $405,000, or $215 per square foot.
Prices are up +7.7% from a year ago, so sellers still have some momentum. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,110 a month.
ZIP 23457 — Virginia Beach
The housing market in ZIP 23457 remains stable, characterized by low inventory and steady demand for rural residential properties. Prices have seen modest year-over-year growth, consistent with the broader Virginia Beach market, though the rural nature of the area limits the pace of new development.
This ZIP is best suited for families and individuals seeking a rural, quiet lifestyle with large lot sizes, who are willing to accept longer commute times to reach major employment centers.
Median prices moved up 7.7% year over year.
Homes spend a median of 28 days on market with 3.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.8% · poverty 12.7% — 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 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 23457, 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.
Crime rates in the 23457 area are generally lower than the Virginia Beach city average, reflecting its more rural and agricultural character.
Schools serving this area are part of the Virginia Beach City Public Schools district, which maintains a generally positive reputation for academic performance.
The area is subject to flood risks due to its proximity to Back Bay and coastal waterways, necessitating flood insurance for many properties.
Development is primarily focused on agricultural preservation and low-density residential growth, with limited commercial expansion compared to the urban core.
Property taxes are assessed by the City of Virginia Beach at a uniform rate applied to the fair market value of real estate, with no additional special district taxes typically attached to residential parcels in this rural ZIP.
Commutes are primarily car-dependent, with residents traveling north toward the Virginia Beach Town Center or Norfolk employment hubs via major arterial roads.
The area is defined by its proximity to Back Bay National Wildlife Refuge and False Cape State Park, offering extensive outdoor recreation including hiking, birdwatching, and water access.
The rental market is limited in depth, consisting mostly of single-family homes; vacancy pressure is low due to the scarcity of rental inventory.
The local economy is heavily influenced by agriculture and tourism, with many residents commuting to the broader Virginia Beach-Norfolk-Newport News metropolitan area for employment in defense, healthcare, and retail.
Public transit access is non-existent in this rural ZIP; residents rely entirely on personal vehicles for transportation.
Development is strictly managed by the city's comprehensive plan to preserve the rural character of the southern portion of the city.
The City of Virginia Beach Real Estate Assessor's Office conducts annual assessments of all real property to determine fair market value for tax purposes.
Parcels are served by the Virginia Beach City Public Schools district and standard municipal utility services where available.
Property insurance premiums are influenced by the area's high flood risk and proximity to the Atlantic coast, often requiring specialized coverage.
Virginia experiences a net domestic migration trend that is slightly negative, though the Hampton Roads region remains a stable population center.
Virginia is a non-judicial foreclosure state, allowing for relatively fast processing of foreclosures through a trustee sale process.
Virginia is a 'caveat emptor' (buyer beware) state, though sellers are required to provide a residential property disclosure statement regarding the physical condition of the property.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Apex Entertainment Virginia Beach4.517.5 mi
- Dave & Buster's4.115.2 mi
- Hunt Club Farm4.612 mi
- Sky Zone Trampoline Park4.216.8 mi
- Motor World4.115.2 mi
- Virginia Aquarium & Marine Science Center4.415.6 mi
- Virginia Beach Convention Center4.517.3 mi
- Veterans United Home Loans Amphitheater at Virginia Beach4.412.3 mi
- Topgolf Virginia Beach4.418.3 mi
- Golden Corral Buffet & Grill416.7 mi
- Cinema Cafe Edinburgh4.711.2 mi
- Virginia Beach Field House4.512 mi
- Hunt Club Farm4.612 mi
- Military Aviation Museum4.85.5 mi
- Little Island Park4.79.1 mi
- Virginia Aquarium & Marine Science Center4.415.6 mi
- Currituck Beach Lighthouse4.719.3 mi
- Military Aviation Museum4.85.5 mi
- Neptune Statue4.918.3 mi
- Whalehead Club4.719.4 mi
- Princess Anne Athletic Complex4.611.7 mi
- Little Island Park4.79.1 mi
- False Cape State Park4.88 mi
- Back Bay National Wildlife Refuge4.88.9 mi
- Northwest River Park4.76.4 mi
- Coinjock Marina Restaurant4.618 mi
- Cavalier Golf & Yacht Club4.718.7 mi
- Virginia Beach Watersports4.99.1 mi
- Virginia Beach Fishing Center4.716.5 mi
- West Neck Marina4.76.4 mi
- Virginia Beach National Golf Club4.511.2 mi
- Heron Ridge Golf Club4.39.3 mi
- Battlefield Golf Club410.2 mi
- Hell's Point Golf Club3.510.4 mi
- Publix Super Market at Hickman Place4.311.5 mi
- Ross Dress for Less4.212.4 mi
- Cullipher Farm4.51.9 mi
- Virginia Beach Farmers Market4.712.6 mi
- Margie & Ray's Crabhouse and Restaurant4.59.6 mi
- Norfolk International Airport4.322.2 mi
- Naval Air Station Oceana4.314.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major protected area for migratory birds and wildlife.
Offers primitive camping and beach access in a secluded setting.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.