“William was not only patient but very knowledgeable, informative, and supportive throughout the whole process. We got our dream home and I thank William for helping secure it.”
Iron Valley Real Estate
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We analyze thousands of real estate agents in Virginia Beach’s Ocean Lakes neighborhood and nationwide to find you proven local professionals, for free.
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Ocean Lakes real estate Market Report.
Information and statistics on the latest trends in the Ocean Lakes real estate market. *
Latest Rolling 3-Month Snapshot
Feb 1, 2026 - Apr 30, 2026
Median sale price
$420K
+9.1%
from
Q1 '26
Median list price
$433K
+1%
from
Q1 '26
Active listings
56
+24%
from
Q1 '26
Homes sold
26
-16%
from
Q1 '26
New pendings
45
+36%
from
Q1 '26
New listings
38
+36%
from
Q1 '26
Quarterly Pricing Trends for Ocean Lakes
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Ocean Lakes
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Ocean Lakes
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Ocean Lakes
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Ocean Lakes
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Ocean Lakes
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
12
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Feb 2026 - Apr 2026).
Year over year, Ocean Lakes home values have climbed faster than the broader Virginia Beach area, with the typical home value up about 10 percent compared with roughly 4 percent citywide. At the same time, the share of homes selling above list price has fallen notably from a year ago, signaling buyers may have a bit more leverage than in prior seasons.
In the latest rolling three-month period ending in April 2026, the typical home value is just under $420,000 while the median list price sits slightly higher. Inventory has expanded, with active listings up more than 30 percent from last year and months of supply doubling to about two months, yet the market gauge still categorizes conditions as a seller’s market.
Buyer activity remains solid, as pending sales have jumped more than 35 percent year over year even though the number of homes sold is roughly flat. Homes now take around 36 days to go under contract on a typical basis, much longer than a year ago, but nearly 70 percent still go off the market within two weeks and sale-to-list ratios hover right at 100 percent. In a setting where both buyers and sellers face nuanced tradeoffs, Agent Pronto can connect each with a knowledgeable local agent to help them navigate the Ocean Lakes market effectively.
Learn more about what Ocean Lakes has to offer.
Ocean Lakes offers residents a welcoming, family-friendly coastal lifestyle with convenient amenities, parks, and easy beach access within a close-knit community.
Ocean Lakes in Virginia Beach is a planned community known for practical convenience, good connectivity, and a wide range of home styles at relatively approachable price points. Located a short drive from Town Center and Sandbridge, it gives residents easy access to shopping, major employers, and the oceanfront without constant tourist traffic.
The neighborhood is built around everyday livability. Sidewalks, playgrounds, and community ponds make it easy to get outside, while nearby Ocean Lakes Elementary School and Corporate Landing Middle School appeal to families who value short commutes to class. For errands, residents often head to nearby retail hubs along Dam Neck Road and General Booth Boulevard, or to Princess Anne Plaza for broader shopping and dining options.
Outdoor and recreation options are a major draw. Ocean Lakes is only minutes from Red Wing Park, the Virginia Beach Sports Center, and the beaches and wildlife of Back Bay National Wildlife Refuge, giving residents year round access to trails, sports, and the water. City services, including the Virginia Beach Central Library and Princess Anne Recreation Center, are an easy drive from the neighborhood.
Whether you are relocating to Ocean Lakes or preparing to sell, a local real estate expert who understands its schools, amenities, and traffic patterns can make decisions simpler. Agent Pronto connects buyers and sellers with agents who know Ocean Lakes well, helping reduce stress at every step.
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“Thanks Ms. Debbie! You made the process a breeze and I appreciate your patience with all the questions of this first time homebuyer!”
DM
The Real Estate Group
“As a first-time homebuyer, working with Catherine was an amazing experience from start to finish. She was incredibly patient, knowledgeable, and always took the time to explain each step of the process in a way that made everything feel manageable and stress-free. Catherine was always responsive, professional, and truly had our best interests at heart. She made what could have been an overwhelming experience feel exciting and smooth. We couldn't have asked for a better person to guide us through our first home purchase and would highly recommend her to anyone-especially first-time buyers.”
Berkshire Hathaway BHHS RW Towne Realty
“Ms. Sara was amazing! Many problems arose during the sales process. Ms. Sara never let any of that set us back, she had a solution for everything. She responds in a timely manner and she exhausts every option possible. I never felt confused or upset throughout the process because she made it as smooth as she possibly could.”
The Real Estate Group
“Our previous agent insisted that we find a different agent who was more familiar with the Hampton roads area after spending almost 3 months on the market. Rhodonna was highly recommended to us by a family friend, we heard so many great stories about her working hard on the buying and selling side. Once we were dropped by our previous agent, we then decided to reach out to Rhodonna and she agreed to represent us with no hesitation. She came in immediately casting vision for the staging of the home, targeting of potential buyers, and ensuring that we would walk away from the table satisfied. She fully agreed with us on our desirable outcome and worked very hard until it was done. In about 1 month, despite a tough market, Rhodonna had us under contract. Her follow up and follow through with the potential buyers that ended up purchasing our home was very professional and ideal for desired representation in an agent. We highly recommended Rhodonna! Hard worker, master negotiator, & closer!!”
Iron Valley Real Estate HR
“Our realtor Jessica Estrada is top-notch - she goes above and beyond in everything she does. She showed up numerous times to help our property be ready to sell and did whatever it took. Our house sold within two months due to her ads and persistence. Because of her, our house closed on time. She is knowledgeable, experienced, professional, and teaches others in her group. We are so thankful for Jessica.”
Iron Valley Real Estate
“Deb Kelly did a fantastic job!”
RE/MAX CAPITAL
“Kimberly and Holly were very personable and professional. They were very informative. They guided us through this cumbersome and tedious process. They both were great to work with and kept us abreast with what we needed to do to sell our home. We are most grateful to work with them. They know what it takes to sell a house!”
EXIT Realty Central
“Mark was a great person to work with. I found him to have a high level of integrity and I would not hesitate to recommend Mark or use him again if conditions warranted. Mark was a pleasure to work with and I feel that he placed my requirements above his, a wonderful representation of a professional realtor and individual. Highly recommended!!”
Samson Properties GREEN TREE REAL ESTATE
“Because I was trying to do a long distance short sale, I needed someone who really knew what they were doing. I was given the name and number of Colin. He took on the challenge and a little over two years later, we finally closed. If you have done a short sale before, it is a very trying ordeal! Colin took good care of the house, had repairs done, and always had clients waiting in line with a new contract. I believe it was the 5th contract and a lot of patience that got us to closing.”
eXp Realty LLc
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Ocean Lakes. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Ocean Lakes Realtor® or real estate agent today.
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