The story of this market
The typical home in ZIP 23463 sells for about $429,785, or $247 per square foot.
Prices are up +7.4% from a year ago, so sellers still have some momentum. Homes take about 23 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,950 a month.
This ZIP has no home sales of its own, so its market figures come from Virginia Beach, Virginia (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 23463 — Virginia Beach
ZIP 23463 does not currently have published residential market data or demographic profiles available in standard reporting sources. Consequently, all specific market metrics, including pricing, inventory, and census-based demographics, are null. This area appears to be a non-residential or specialized zone within the Virginia Beach market.
This area is ideal for military families, retirees, and professionals seeking a balance between coastal lifestyle and suburban convenience. It attracts buyers looking for stable, long-term residential value in a well-established community.
Median prices moved up 7.4% year over year.
Homes spend a median of 23 days on market with 1.9 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
unemployment 3.2% · poverty 7.8% — 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 6.4%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 23463, Virginia Beach city, Virginia
Virginia Beach generally maintains crime rates lower than many similarly sized coastal cities, with ongoing efforts by local law enforcement to address property crime trends. Safety perceptions remain a key factor for the area's residential stability.
The area is served by Virginia Beach City Public Schools, which is widely regarded for its strong academic performance and diverse extracurricular offerings. Many schools in the district consistently meet or exceed state accreditation standards.
The region faces moderate to high exposure to coastal flooding and hurricane-related wind events, necessitating robust property insurance coverage. Local planning emphasizes flood mitigation and resilient infrastructure to manage these environmental risks.
Economic momentum is driven by a mix of military installations, tourism, and a growing professional services sector. Infrastructure investments continue to support residential development and commercial expansion across the city.
Property taxes are assessed by the City of Virginia Beach based on fair market value, with rates set annually by the City Council. The jurisdiction does not utilize special MUD or PID districts common in other states, simplifying the tax structure for homeowners.
Residents typically rely on personal vehicles for commuting, with major corridors like I-264 and I-64 providing access to the broader Hampton Roads employment centers. Public transit options are available but limited compared to major metropolitan hubs.
The area offers extensive access to public beaches, local parks, and trail systems, alongside proximity to major shopping districts like Town Center. Golf courses and sports complexes are well-integrated into the suburban landscape.
The rental market remains competitive with steady demand, driven by the area's transient military population and lifestyle appeal. Vacancy rates are generally low, supporting consistent rent growth.
The economy is anchored by the military (Naval Air Station Oceana), tourism, and a growing healthcare and technology sector. The diverse industry mix provides a stable employment base for the region.
The city is served by a network of highways and arterial roads, with limited public transit infrastructure. Commuting is primarily car-dependent, with ongoing efforts to improve traffic flow on major corridors.
Development is focused on infill projects and the revitalization of older commercial corridors. City planning emphasizes sustainable growth and the preservation of open spaces.
The City of Virginia Beach Assessor's Office conducts annual assessments of all real property to ensure tax equity. Assessments are based on market data and property characteristics.
Parcels are subject to city-wide taxation and school district levies; there are no independent MUD or PID districts in this jurisdiction.
Property insurance premiums are influenced by the area's coastal location and associated flood risks. Homeowners are encouraged to maintain comprehensive coverage, including flood insurance.
Data retrieved from US Census Bureau profile for Virginia Beach city.
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 Beach4.53.8 mi
- Dave & Buster's4.16.5 mi
- Hunt Club Farm4.69.3 mi
- Sky Zone Trampoline Park4.22.6 mi
- Motor World4.110.6 mi
- Virginia Aquarium & Marine Science Center4.411.3 mi
- Virginia Beach Convention Center4.511.4 mi
- Veterans United Home Loans Amphitheater at Virginia Beach4.45.2 mi
- Hampton Coliseum4.419.3 mi
- Topgolf Virginia Beach4.42.8 mi
- Virginia Aquarium & Marine Science Center4.411.3 mi
- Virginia Zoo4.57.1 mi
- First Landing State Park4.711.6 mi
- Norfolk Botanical Garden4.86.8 mi
- Mount Trashmore Park4.73.9 mi
- Virginia Aquarium & Marine Science Center4.411.3 mi
- Chrysler Museum of Art4.86.9 mi
- Nauticus4.76.7 mi
- Cape Henry Lighthouse4.413 mi
- USS Wisconsin BB-644.86.8 mi
- First Landing State Park4.711.6 mi
- Norfolk Botanical Garden4.86.8 mi
- Mount Trashmore Park4.73.9 mi
- Virginia Beach Oceanfront Boardwalk4.712.2 mi
- Oak Grove Park4.75.2 mi
- VIG Portsmouth3.410.6 mi
- Cavalier Golf & Yacht Club4.711 mi
- Hampton Yacht Club4.617.3 mi
- Tidewater Yacht Marina4.76.7 mi
- Bay Point Marina4.58.3 mi
- Topgolf Virginia Beach4.42.8 mi
- Virginia Beach National Golf Club4.56.9 mi
- Greenbrier Country Club4.53 mi
- Sewells Point Golf Course4.39.9 mi
- Bide-A-Wee Golf Course4.48.4 mi
- Lynnhaven Mall4.46.5 mi
- Norfolk Premium Outlets4.45.5 mi
- Greenbrier Mall4.12.8 mi
- Navy Exchange Main4.511.8 mi
- Grand Mart4.44.1 mi
- Norfolk International Airport4.36.3 mi
- Naval Air Station Oceana4.39 mi
- Newport News/Williamsburg International Airport4.428.5 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 regional attraction featuring a boardwalk, public beaches, and entertainment venues.
The city's primary urban core for retail, dining, and professional services.