Home Affordability in 23451
Virginia Beach, VA — Virginia Beach City
The median home price in ZIP code 23451 (Virginia Beach) is $325,000 with a median household income of $68,000. The price-to-income ratio is 4.8x.
Median Home Price
$325,000
Median Income
$68,000
Price-to-Income
4.8x
Est. Affordable Home
$264,000
Property Tax Rate
0.84%
Annual Property Tax
$2,730
Cost of Living
100
Metro Area
Virginia Beach MSA
Down Payment Scenarios for ZIP 23451
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $9,750 | $315,250 | Yes |
| 5% | $16,250 | $308,750 | Yes |
| 10% | $32,500 | $292,500 | Yes |
| 20% | $65,000 | $260,000 | No |
Get a Personalized Estimate
Use our Home Affordability Calculator with your actual income, debts, and down payment.
Calculate Now