Hampton Roads Housing Market Overview – September 2025
The Hampton Roads real estate market is always evolving, and staying up to date on the latest housing trends is essential whether you’re buying, selling, investing, or simply keeping an eye on your neighborhood. Below you’ll find a full market snapshot covering the entire Hampton Roads region, along with a city-by-city breakdown for Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Hampton, and Newport News. All data is sourced directly from the REIN MLS and DOMUS Analytics — giving you the same market intelligence that local REALTORS® rely on.
Hampton Roads Market at a Glance
In August 2025, Hampton Roads saw a median sale price of $365,000, homes averaging 20 days on market, and a total of 2,514 homes sold. Inventory climbed to 6,372 active listings, giving buyers more choices while sellers adjusted to slightly longer timelines.
Hampton Roads Market Overview
Regional snapshot + Southside vs Peninsula + City highlights (latest data)
Median Sale Price
Median Days on Market
Homes Sold
Sold Price / List Price Ratio
Active Inventory
Months’ Supply
New Listings
Median $/Sq Ft
Southside vs Peninsula
- Active: 3,695
- Pending: 1,715
- Sold: 1,775
- Median Sale Price: $375,500
- Months’ Supply: 2.63
- Active: 1,585
- Pending: 621
- Sold: 651
- Median Sale Price: $345,000
- Months’ Supply: 2.80
City Snapshot
Local City Market Snapshots
Each city in Hampton Roads has its own housing story. This is a quick look at how Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk, Hampton, and Newport News compared last month.
The Real Estate Market is Always Moving, Are you?
Whether you're thinking about buying, selling, or simply staying informed, understanding key trends is essential to making confident decisions.
📊 Get the latest insights on:
✔️ Interest rates, home prices & local trends
✔️ What buyers & sellers should expect
✔️ How shifts in the market may impact YOU
In a changing market, trust, connection, and community are more important than ever. My goal? To be your go-to real estate resource, offering expert-backed insights to help you navigate your next move.
Ready to Talk About Your Home’s Value?
Every home is unique — and so is every neighborhood. If you’d like a personalized market analysis for your home in Hampton Roads, contact Jennifer Dawn today. Let’s talk about your goals and create a plan that works for you.
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