The story of this market
The typical home in ZIP 23467 sells for about $439,100, or $215 per square foot.
Prices are up +5.8% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $2,065 a month.
ZIP 23467 — Virginia Beach
The housing market in 23467 remains competitive with steady price appreciation and low inventory levels. Demand is supported by a strong local economy and limited new construction, keeping the market firmly in favor of sellers.
This ZIP code is ideal for families and professionals seeking a suburban lifestyle with convenient access to major retail hubs, schools, and regional employment centers.
Median prices moved up 5.8% year over year.
Homes spend a median of 37 days on market with 4.2 months of supply — a fast-moving market.
19% 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 3.8% · poverty 6.5% — 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 5.8%/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 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 23467, Virginia Beach city, Virginia
Crime trends in Virginia Beach are generally stable, with the city maintaining a lower violent crime rate compared to many other large urban centers in the region.
The area is served by Virginia Beach City Public Schools, which is widely regarded for its strong academic performance and diverse extracurricular offerings.
The region faces significant flood and hurricane risks due to its coastal location, necessitating mandatory flood insurance for many properties in low-lying areas.
Economic momentum is driven by a robust military presence, tourism, and a growing technology and healthcare sector, with ongoing infrastructure improvements to support coastal resilience.
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.
Residents in 23467 typically rely on personal vehicles for commuting, with major access provided by I-264 and local arterials connecting to the Virginia Beach Town Center and Norfolk employment hubs.
The area features proximity to Mount Trashmore Park, various local golf courses, and extensive shopping options at the nearby Lynnhaven Mall.
The rental market is characterized by high demand and low vacancy rates, with rents trending upward due to limited new supply and a strong local employment base.
The economy is anchored by the military, tourism, and a growing professional services sector, with significant employment provided by local government and healthcare systems.
The area is primarily served by a network of highways and arterial roads, with limited public transit options compared to larger metropolitan areas.
Development is focused on infill projects and the revitalization of existing commercial corridors to increase density and housing supply.
The City of Virginia Beach Assessor's Office conducts annual assessments of all real property to ensure fair market value taxation.
Parcels are subject to standard city-wide tax levies with no significant special utility or improvement districts reported.
Property insurance premiums are influenced by coastal hazard exposure, with many homeowners requiring separate flood insurance policies.
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Data retrieved from data.census.gov ZCTA-level profiles.
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 Beach4.53.4 mi
- Dave & Buster's4.15.6 mi
- Hunt Club Farm4.68.4 mi
- Sky Zone Trampoline Park4.23.4 mi
- Motor World4.19.7 mi
- Virginia Aquarium & Marine Science Center4.410.4 mi
- Virginia Beach Convention Center4.510.6 mi
- Veterans United Home Loans Amphitheater at Virginia Beach4.44.2 mi
- Hampton Coliseum4.420 mi
- Topgolf Virginia Beach4.42.9 mi
- Virginia Aquarium & Marine Science Center4.410.4 mi
- Virginia Zoo4.58 mi
- First Landing State Park4.711 mi
- Norfolk Botanical Garden4.87.2 mi
- Mount Trashmore Park4.73.2 mi
- Virginia Aquarium & Marine Science Center4.410.4 mi
- Chrysler Museum of Art4.87.8 mi
- Nauticus4.77.7 mi
- Cape Henry Lighthouse4.412.5 mi
- USS Wisconsin BB-644.87.7 mi
- First Landing State Park4.711 mi
- Norfolk Botanical Garden4.87.2 mi
- Mount Trashmore Park4.73.2 mi
- Virginia Beach Oceanfront Boardwalk4.711.4 mi
- Oak Grove Park4.75.8 mi
- VIG Portsmouth3.411.6 mi
- Cavalier Golf & Yacht Club4.710.3 mi
- Hampton Yacht Club4.618 mi
- Tidewater Yacht Marina4.77.6 mi
- Bay Point Marina4.58.6 mi
- Topgolf Virginia Beach4.42.9 mi
- Virginia Beach National Golf Club4.55.9 mi
- Greenbrier Country Club4.53.4 mi
- Sewells Point Golf Course4.310.6 mi
- Bide-A-Wee Golf Course4.49.4 mi
- Lynnhaven Mall4.45.6 mi
- Norfolk Premium Outlets4.45.9 mi
- Greenbrier Mall4.13.5 mi
- Grand Mart4.44.3 mi
- Navy Exchange Main4.512.6 mi
- Norfolk International Airport4.36.7 mi
- Naval Air Station Oceana4.38.1 mi
- Newport News/Williamsburg International Airport4.429.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A world-renowned park built on a former landfill, featuring playgrounds, walking trails, and lakes.
A major regional shopping destination with numerous retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.