Recent quarters have shown that the housing market is going through periods of slow growth or decline in different places throughout the country. However, that’s not true of every market. Even in places that have had a turbulent last few months (or years), there are often pockets in the market showing signs of improvement.
With this in mind, House Buyers of America set out to identify the places where residents have seen the greatest 1-year appreciation in their home values. This specific analysis identifies the ZIP Codes in the Virginia Beach metropolitan area which have experienced the sharpest one-year rise:
Sourcing: Data was sourced from the ZIP Code level data in Zillow’s Home Value Index. Locations that were part of the Virginia Beach metropolitan area were included in the analysis.
Time: The data measures growth which occurred between 2-28-25 and 2-28-26.
Key Findings:
- Seven of the top 10 fastest growing ZIP Codes in the Virginia Beach metro area were in North Carolina, led by 27979 in Hobbsville, NC.
- The average home value across every ZIP in the Virginia Beach area rose from $349,241.96 to $353,330.80, an increase of approximately 1.2%.
- The average value increase among ZIP codes in the top 10 was 5.51%.
Sources: Zillow.com Home Value Index (ZHVI)