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Virginia Beach city, VA

ZIP 23457 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23457

Median Home Value
$556,900
Median Rent
$1,112
Affordability Snapshot
$153,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,577/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

41.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23457 in Virginia Beach city, VA, a household would need roughly $153,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,577. That is about 39% above the local median household income ($109,750), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
2.7%-73% vs US avg
x
Broadband Access
97.3%+12% vs US avg
x
4+ Bedrooms
8.3%-44% vs US avg
x
Built Pre-1939
3.1%-75% vs US avg
x
Built Post-2014
0.6%-92% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
24.2%-37% vs US avg
x
$556,900
Home Value
$1,112
Rent
1988
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached94.4%
  • 1-unit attached0.8%
  • 2-9 units0.9%
  • 10+ units0.0%
  • Mobile home & other3.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$556,900
Median rent$1,112
Owner-occupied86.3%
Vacant2.7%
Price-to-income5.1x
Est. income to buy$153,000