Welcome to our 23453 real estate data hub, tailored for investors in Virginia Beach, VA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 23453 in Virginia Beach, VA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in VIRGINIA BEACH CITY.
Leverage our comprehensive, zip code-specific data to excel in Virginia Beach, VA real estate investing. Uncover the wealth of information available, and position yourself for success in the Virginia Beach property market.
-
Location Overview
- Zip Code: 23453
- City: Virginia Beach
- State: VA
- Metro Area: Virginia Beach-Norfolk-Newport News, VA-NC
- County Name: VIRGINIA BEACH CITY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $322,603
- Average Home Price (Single Family Homes): $333,489
- Average Monthly Rental Price (All Types): $1,730
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 0.1%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,510
- Average 3 Bedroom Section 8 Rental Rates: $2,110
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.8
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.74
- Number of Units Offered in Section 8 in the County: 1319
- Number of Occupied Units in Section 8 in the County: 1287
- Percentage of Section 8 Units Occupied in the County: 97.59999847%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 259.39
- Total % Appreciation since 2000 (Government Data): 174.48
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.32%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.7%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.12%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.67%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 53.79%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.37%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 150.58%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.75%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%