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Homes for Sale in Virginia Beach, VA Under $200,000

14 homes for sale in Virginia Beach, VA under $200,000, plus 12 lots, from REIN MLS · Listing data as of Oct 2, 3:08 PM ET (syncs every 2 minutes)

14 homes are for sale in Virginia Beach under $200,000 today, at a median list price of $186,450. The typical one has 2 bedrooms and about 930 sq ft, and was built in 1986.

Source: REIN MLS. For sale now and days on market include lots; median list price and new this week are for homes only. Homes under contract are excluded.

14 Virginia Beach homes and 12 lots for sale in this price range right now

(+23 under contract)
Skip the 48 listings

Showing 1–48 of 49

Homes for sale are listed first, newest listings first; homes under contract follow.

Price ranges

Virginia Beach, VA homes for sale by price range

Medians of active REIN MLS listings, October 2, 2026. Lots and land are counted separately and left out of the typical beds, size and year built. Est. payment is principal and interest only, 30-year fixed at 6.65% (an assumption, not a quote) with 20% down; taxes, insurance and HOA fees are extra. Estimates are for informational purposes only and do not constitute a loan offer or pre-approval. Compare local lenders: Hampton Roads lenders.
Price rangeHomes for saleTypical bedsTypical sizeTypical year builtEst. P&I / moListings
Under $200K14+12 lots2930 sqft1986Est. payment up to $1,027/moShown on this page
$200K–$300K137+17 lots21,268 sqft1984Est. payment $1,284/moSee all 154 listings →
$300K–$400K211+10 lots31,500 sqft1982Est. payment $1,798/moSee all 221 listings →
$400K–$500K189+1 lot31,889 sqft1979Est. payment $2,311/moSee all 190 listings →
$500K–$750K237+4 lots42,212 sqft1990Est. payment $3,210/moSee all 241 listings →
Over $750K264+9 lots43,227 sqft1996Est. payment from $3,852/moSee all 273 listings →

Market snapshot

Virginia Beach homes under $200,000: market snapshot, October 2026

Of the 26 listings for sale in Virginia Beach under $200,000, 6 (23%) have had a price cut, and another 23 are under contract. The median active listing has been on the market 42 days (REIN).

For sale now

Median price per sq ft
$199
Under contract
23
With a price cut
623% of homes for sale

Recently sold

Homes sold
78
Median sold price
$165,500
Median days on market (REIN)
27 days
Median sold price per sq ft
$177

Closed sales from REIN MLS, March 2026 – September 2026.

Virginia Beach housing market trends →Virginia Beach market report PDF →

Data: REIN MLS, October 2, 2026.

Tom and Dariya Milan

Your agents

Your Virginia Beach real estate agents: Tom & Dariya Milan

Tom & Dariya Milan, Realtors

Brokered by LPT Realty

We are Tom and Dariya Milan, a husband-and-wife team of licensed real estate agents in Virginia, serving Hampton Roads since 2005. Our office is at Town Center in Virginia Beach, and we are members of REIN MLS, the listing service behind every home on this page. In Virginia Beach our work takes us across the Oceanfront, Great Neck, Kempsville, Town Center, Sandbridge and Pungo. Call or text us about any Virginia Beach home on REIN MLS, or ask for a private showing.

Office: 249 Central Park Ave Ste 300-220, Virginia Beach, VA 23462

Call or text (757) 777-7577

What's my Virginia Beach home worth? →About Tom & Dariya →

FAQ

Homes for sale in Virginia Beach, VA under $200,000: FAQ

How many homes are for sale in Virginia Beach, VA under $200,000?

As of October 2, 2026, REIN MLS shows 14 homes for sale in Virginia Beach under $200,000, plus 12 lots. Another 23 listings are under contract. Of the 26 listings for sale, 4 have been listed since September 26 and 6 have had a price cut.

All Virginia Beach homes for sale →

What do homes under $200,000 in Virginia Beach look like?

The median list price of the 14 homes for sale in Virginia Beach under $200,000 is $186,450 as of October 2, 2026. The typical home has 2 bedrooms and about 930 sq ft, and was built in 1986. The median list price per square foot is $199.

Virginia Beach housing market trends →

How fast do homes under $200,000 sell in Virginia Beach?

From March 2026 through September 2026, 78 homes in Virginia Beach sold under $200,000 on REIN MLS, at a median sold price of $165,500. The median closed sale was on the market 27 days (REIN).

Market snapshot and recent sales →