Investor-grade market analytics for Virginia Beach-Norfolk-Newport News, Virginia. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$373,040
+2.9% year-over-year
6.1%
gross annual
+2.8%
base case (Zillow ZHVF)
+2.8% year-over-year
18/100
Very LowNet migration: Bottom 3% nationally
In-migrants avg $68,183 AGI vs out-migrants $65,270
Opportunity Zone Market
47 ZIP codes in Virginia Beach-Norfolk-Newport News are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Virginia Beach-Norfolk-Newport News, VA-NC shows steady growth at 2.9% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 4.63x, below the national average of 4.8x. Net negative migration (-1,457 returns/year) is reducing housing demand pressure. Climate risk remains low (18/100), favorable for long-term investment stability. Rental yield of 6.08% is strong, making this market attractive for buy-and-hold investors.
12-month projection (Zillow ZHVF model)
Virginia Beach-Norfolk-Newport News, VA-NC's primary climate exposure is hurricanes (39/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.