How much is a home worth in ZIP code 23454?

The typical home in 23454 is worth $461,742, based on the Zillow Home Value Index.

Are home values rising in 23454?

Home values in 23454 are up 2.7% over the past year, and up 5.5% a year over five years.

What is the typical rent in 23454?

A typical home in 23454 rents for about $2,089 a month, a gross rental yield of 5.4%.

What is the property tax rate in 23454?

The effective property tax rate in 23454 is 0.8% — roughly $3,543 a year on a typical home.

ZIP code 23454 has a population of 58,178 and a median household income of $102,796.

HousingHandbookReference data

…

U.S. ZIP Code · VA23454

Virginia Beach city · Virginia Beach-Chesapeake-Norfolk, VA-NC

Typical home value

$461,742^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.7%
5-year / yr: +5.5%
10-year / yr: +5.1%

Relative price

vs U.S.: +62.5%
vs metro: +31.1%
vs state: +40.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 23454 is worth $461,742 — 31.1% above the Virginia Beach-Chesapeake-Norfolk, VA-NC median. Over the past year, values have risen 2.7%. Homes here rent for a typical $2,089 a month — a 5.4% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,089^[2]
Gross yield: 5.4%^[2]
Cap rate: 3.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,543^[3]

#Climate risk

FEMA National Risk Index ratings for Virginia Beach city. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Very Low
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively Low

#Who lives here

Population: 58,178^[3]
Median household income: $102,796^[3]

#Migration

Household moves in and out of Virginia Beach city over a year, from IRS tax-return data.

Net migration: -873^[5]
Moved in: 16,768
Moved out: 17,641

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 12
Elementary: 6
Middle: 3
High: 3

Ocean Lakes High
High · Grades 9–12 · Virginia Beach City Public Schools
1,814 students
First Colonial High
High · Grades 9–12 · Virginia Beach City Public Schools
1,732 students
Frank W. Cox High
High · Grades 9–12 · Virginia Beach City Public Schools
1,648 students
Great Neck Middle
Middle · Grades 6–8 · Virginia Beach City Public Schools
1,059 students
Corporate Landing Middle
Middle · Grades 6–8 · Virginia Beach City Public Schools
1,039 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.4%

Net yield (after ~40% expenses)3.3%

Annual rent$25,062

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,335

Loan principal$369,393

Down payment$92,348

Total interest paid$471,141

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.44

Monthly cost to own$3,016

Monthly rent$2,089

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 44th percentile^[1]
Rental yield: 15th percentile^[2]
Property tax: 47th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 23454?: The typical home in 23454 is worth $461,742, based on the Zillow Home Value Index.
Are home values rising in 23454?: Home values in 23454 are up 2.7% over the past year, and up 5.5% a year over five years.
What is the typical rent in 23454?: A typical home in 23454 rents for about $2,089 a month, a gross rental yield of 5.4%.
What is the property tax rate in 23454?: The effective property tax rate in 23454 is 0.8% — roughly $3,543 a year on a typical home.
Who lives in 23454?: ZIP code 23454 has a population of 58,178 and a median household income of $102,796.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

27964 vs 23454 →
NC
Typical home
$462,035
Gross yield
—
23662 vs 23454 →
Poquoson, VA
Typical home
$461,131
Gross yield
—
23185
Williamsburg, VA
Typical home
$462,702
Gross yield
5.1%
23455
Virginia Beach, VA
Typical home
$459,841
Gross yield
6.0%
23168
VA
Typical home
$458,009
Gross yield
—
23692
VA
Typical home
$454,517
Gross yield
5.7%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 23454 against any other ZIP — full side-by-side table.

Compare 23454 →

#Jump to section

U.S. ZIP Code · VA23454

Get more data on ZIPs like this

Get more data on ZIPs like this