
“To them it’s not about the sale, it’s about trying to help families move on. They treated me like I was their only client, and I had that one-on-one attention.”Read more
Charlisa Boyd
Sold to Opendoor in Raleigh, NC
Get an instant offer, choose your close date, skip repairs.

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“To them it’s not about the sale, it’s about trying to help families move on. They treated me like I was their only client, and I had that one-on-one attention.”Read more
Charlisa Boyd
Sold to Opendoor in Raleigh, NC

“Opendoor’s offer came in right near our appraisal, but we never had to list the house or do showings. For the kind of value Opendoor gives you, it’s just a no-brainer.”Read more
Adam Leon
Sold to Opendoor in Phoenix, AZ
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Home Sale CalculatorSelling to Opendoor:
Traditional listing:
Virginia Beach homes typically spend 20-35 days on market before going under contract, with VA loan purchases adding 2-3 weeks for appraisal - a significant risk for sellers with PCS report dates. Virginia's grantor's tax is 0.1% of sale price (one of the lowest in the region), but total seller costs including commissions and attorney fees typically run 7-9% of the sale price.
Virginia Beach Oceanfront - avg ~$520,000 (Zillow). Beachfront and near-beach properties; vacation rental potential, strong appreciation near ocean.
Chesapeake Beach - avg ~$450,000. Established residential area near the water; popular with naval base families, consistent resale.
Great Neck - avg ~$485,000. Upscale peninsula neighborhood; waterfront access, boating, top schools.
Red Mill - avg ~$420,000. Master-planned community in Virginia Beach suburbs; modern construction, family-friendly amenities.
Kempsville - avg ~$355,000. Central Virginia Beach; affordable entry point, strong rental demand from military families.
Princess Anne - avg ~$530,000. Rural-feel with larger lots near Virginia Beach's rural enclave; horse properties.
Hilltop - avg ~$395,000. Shopping and dining hub area; convenient to military bases, consistent demand.
Shore Drive Corridor - avg ~$440,000. Inland waterway and beachside mix; popular retirement area, vacation rentals.
Virginia Beach sellers need the following documents to complete a sale: the Virginia Residential Property Disclosure Act statement (§55.1-700 et seq.), which covers 18 required disclosure categories and must be delivered to the buyer before contract ratification; the deed to the property; a mortgage payoff statement from your lender; title documents (the settlement attorney orders the title examination from the circuit court land records); a property survey (if available - required for some lenders); HOA governing documents and resale disclosure packet (if applicable - Virginia law requires HOA resale disclosure under the Property Owners Association Act); permits and certificates of occupancy for any additions or renovations; and recent utility bills. If your property is within a military air installation noise or accident zone near NAS Oceana, additional disclosure under §55.1-704 is required. The Virginia Real Estate Board provides the standardized disclosure form - sellers need only disclose conditions within their actual knowledge, but the obligation applies before contract ratification, not just at closing.
Virginia sellers pay a grantor's tax of $0.50 per $500 (0.1% of the sale price) under Virginia Code §58.1-802, split equally between the state treasury and Virginia Beach city. On a $481,000 sale, that is approximately $481 in grantor's tax. The state recordation tax under §58.1-801 is $0.25 per $100 (0.25%) and is typically paid by the buyer, though it can be negotiated. Virginia Beach also imposes a local recordation tax. Virginia is an attorney-closing state - settlement attorney fees typically run $500-$1,000 for the seller's side, and an owner's title insurance policy typically costs $800-$1,500 depending on sale price.
Total seller closing costs in Virginia Beach typically run 7-9% of sale price: agent commissions (5-6%), grantor's tax (~0.1%), owner's title insurance (~$900-$1,500), settlement attorney fees (~$500-$1,000), property tax proration (Virginia real estate taxes paid in arrears), HOA resale disclosure fees (if applicable, typically $200-$500), and recording fees (~$50-$100). At Virginia Beach's approximately $481,000 median, total seller costs run approximately $33,670-$43,290. Use Opendoor's home sale calculator to estimate your specific net proceeds.
Net proceeds are the amount you walk away with after every cost is subtracted. Here is the formula:
Net proceeds = sale price - mortgage payoff - closing costs - commissions - repairs/concessions
Using Virginia Beach's median sale price of $481,000 as an example: if you owe $280,000 on your mortgage, pay 5.5% agent commissions ($26,455), Virginia grantor's tax ($481), settlement attorney fees ($750), owner's title insurance ($1,100), property tax proration ($1,600), HOA resale disclosure ($300), and miscellaneous recording and closing costs ($500), your estimated net proceeds would be approximately $169,814. Virginia's grantor's tax is one of the lowest seller transfer tax burdens in the mid-Atlantic region at just 0.1% of sale price. Use our home sale calculator to run the numbers for your specific situation.
Virginia Beach has one of the most active cash buyer and iBuyer markets in the Mid-Atlantic, driven primarily by military PCS relocation demand. Sellers receiving PCS orders from NAS Oceana, Joint Expeditionary Base Little Creek-Fort Story, or nearby Naval Station Norfolk frequently need to sell on a defined timeline that aligns with their report date - making a cash offer with a flexible closing date especially valuable. Virginia Beach's consistent military demand and coastal lifestyle desirability also attract investor and relocation buyers across all price points.
Opendoor provides a competitive, data-driven cash offer for Virginia Beach homes with a flexible 14-60+ day closing timeline. With Virginia Beach posting 7.71% YoY appreciation, an Opendoor offer reflects current market data. You skip repairs, staging, agent commissions, and the uncertainty of waiting for a VA or conventional loan buyer to clear underwriting.
Selling a home in Virginia Beach involves Virginia-specific requirements including the Residential Property Disclosure Act statement, an attorney-closing process, and grantor's tax - but Virginia's 0.1% grantor's tax rate is one of the lowest seller transfer tax burdens in the region. Opendoor simplifies it further - receive a cash offer, choose your closing date, and Opendoor coordinates with a licensed Virginia settlement attorney to handle the full closing process.
Opendoor makes selling your Virginia Beach home simple - no listings, no showings, no waiting on buyer financing or VA loan appraisal contingencies. Learn more about how a cash offer works.
Opendoor's service fee is competitive with traditional agent commissions. You avoid repair costs, staging, showings, and months of carrying costs. The closing is handled through a licensed Virginia attorney - the same process as a traditional sale, just faster and without the listing uncertainty.
Virginia Beach is one of the most militarily concentrated cities in the United States.
Virginia Beach's active market - with approximately 7.71% YoY home value appreciation - means sellers who price correctly are in a strong position.
Virginia Beach sellers also avoid the disruption of showing a home that may be occupied by active-duty military personnel working irregular schedules, or that requires repairs the owner does not have time to complete before a PCS departure.
Virginia Beach's housing market is one of the stronger-performing mid-Atlantic coastal markets in 2025-2026. The Zillow Home Value Index for Virginia Beach is approximately $400,000-$481,000 (varying by source and data vintage), with NeighborhoodScout reporting a median home value of $481,207 and 7.71% appreciation over the trailing 12 months - placing Virginia Beach in the top 10% nationally for appreciation rate. The 5-year cumulative appreciation of 52.89% reflects sustained demand from military, civilian, and coastal lifestyle buyers. Virginia Beach's market has largely avoided the sharp correction seen in pandemic-boom markets like Phoenix, Austin, and Boise.
Homes in Virginia Beach sell at a healthy pace relative to national norms. The market shows consistent demand across the $300K-$600K range, which captures the bulk of single-family inventory and aligns with VA loan limits that active-duty buyers from NAS Oceana and JEB Little Creek-Fort Story use. Inventory remains constrained relative to demand, with months of supply running below the 4-6 month balanced threshold that characterizes a neutral market. This supply tightness is structural - Virginia Beach is largely built out, with limited new development land outside the Pungo agricultural corridor and infill redevelopment near the resort area.
Virginia Beach's economy is anchored by one of the largest concentrations of military installations on the East Coast. Naval Air Station Oceana - the sole East Coast Master Jet Base for the U.S. Navy's F/A-18 Hornet and Super Hornet strike fighter fleet - employs approximately 20,000 military and civilian personnel and conducts approximately 219,000 flight training operations annually. Joint Expeditionary Base Little Creek-Fort Story, a joint Navy-Army facility, supports amphibious warfare training and is one of the largest Naval amphibious bases in the world. Together with nearby Naval Station Norfolk (the world's largest naval base, across the city line in Norfolk), these installations create an employment and relocation demand base that is entirely immune to economic cycles - military assignments continue regardless of interest rates, recessions, or housing market conditions.
Beyond defense, Virginia Beach's economy is diversified across healthcare, corporate headquarters, tourism, and agribusiness. Sentara Healthcare is the dominant healthcare employer in Hampton Roads, with Sentara Virginia Beach General Hospital and multiple outpatient facilities serving the city. GEICO maintains a major regional operations center employing thousands. Stihl (the chainsaw and outdoor power equipment manufacturer) chose Virginia Beach for its North American headquarters and manufacturing plant - one of the region's largest private employers. The Christian Broadcasting Network (CBN) and Regent University provide an education and media sector employment base. Tourism generates an estimated $857 million annually and supports approximately 14,900 jobs, driven by the 3-mile resort area oceanfront that attracts 2.75 million visitors per year. The city's agricultural corridor (Pungo, Blackwater) adds 172 farms generating approximately $80 million in agricultural output.
The military PCS cycle creates Virginia Beach's defining seller advantage: a buyer pool that is both large and non-seasonal. PCS orders are issued year-round, meaning military buyers are actively purchasing in January and February just as they are in June and July. This compresses seasonality compared to non-military markets and means well-priced homes face competition regardless of when they list. VA loan buyers - who require no down payment and can be competitive in Virginia Beach's price range - represent a significant share of the active buyer pool, and Virginia Beach's military-heavy population makes sellers comfortable with VA purchase contracts.
Virginia Beach's pricing dynamics require neighborhood-level precision. Oceanfront and resort-area properties in the Virginia Beach proper borough (east of Birdneck Road) command substantial premiums over inland neighborhoods. Great Neck in the Lynnhaven borough is among the most desirable residential areas in the city. Kempsville and Bayside offer more accessible price points and see strong demand from civilian buyers and entry-level military buyers. Princess Anne and Pungo offer larger lots and more rural character at lower price-per-square-foot. Sellers who understand their specific micro-market - not just the city-wide ZHVI - price more accurately and capture more of their appreciation. A direct cash sale to Opendoor offers a defined outcome based on current data, without the risk of pricing above the market in a neighborhood where buyer competition is more modest.