HousingHandbookReference data

U.S. ZIP Code · VA23455

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

Typical home value

$459,841[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.1%
5-year / yr
+5.2%
10-year / yr
+4.8%

Relative price

vs U.S.
+61.9%
vs metro
+30.5%
vs state
+40.1%
ZIP 23455 location in VA
Location of ZIP 23455 in VA

Price history

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

The typical home in 23455 is worth $459,841 — 30.5% above the Virginia Beach-Chesapeake-Norfolk, VA-NC median. Over the past year, values have risen 3.1%. Homes here rent for a typical $2,303 a month — a 6.0% 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
$2,303[2]
Gross yield
6.0%[2]
Cap rate
3.6%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$3,760[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
49,977[3]
Median household income
$94,069[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
9
Elementary
6
Middle
2
High
1
  • Bayside High

    High · Grades 9–12 · Virginia Beach City Public Schools

    1,990 students

  • Old Donation School

    Middle · Grades 2–8 · Virginia Beach City Public Schools

    1,345 students

  • Independence Middle

    Middle · Grades 6–8 · Virginia Beach City Public Schools

    1,208 students

  • Thoroughgood Elementary

    Elementary · Grades PK–5 · Virginia Beach City Public Schools

    754 students

  • Hermitage Elementary

    Elementary · Grades PK–5 · Virginia Beach City Public Schools

    549 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.

Gross yield6.0%
Net yield (after ~40% expenses)3.6%
Annual rent$27,637

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.

Monthly payment$2,325
Loan principal$367,873
Down payment$91,968
Total interest paid$469,201

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.

Own : rent ratio1.31
Monthly cost to own$3,023
Monthly rent$2,303

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
28th percentile[1]
Rental yield
31st percentile[2]
Property tax
56th percentile[3]

Frequently asked

How much is a home worth in ZIP code 23455?
The typical home in 23455 is worth $459,841, based on the Zillow Home Value Index.
Are home values rising in 23455?
Home values in 23455 are up 3.1% over the past year, and up 5.2% a year over five years.
What is the typical rent in 23455?
A typical home in 23455 rents for about $2,303 a month, a gross rental yield of 6.0%.
What is the property tax rate in 23455?
The effective property tax rate in 23455 is 0.8% — roughly $3,760 a year on a typical home.
Who lives in 23455?
ZIP code 23455 has a population of 49,977 and a median household income of $94,069.

#Comparable ZIPs

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

  • Poquoson, VA

    Typical home
    $461,131
    Gross yield
  • VA

    Typical home
    $458,009
    Gross yield
  • Virginia Beach, VA

    Typical home
    $461,742
    Gross yield
    5.4%
  • NC

    Typical home
    $462,035
    Gross yield
  • Williamsburg, VA

    Typical home
    $462,702
    Gross yield
    5.1%
  • VA

    Typical home
    $454,517
    Gross yield
    5.7%

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