How Amazon’s 3.2M-Sq.-Ft. Virginia Beach Facility Is Shaping the Local Housing Market

by Megan Luker, REALTOR® | VA Beach | Real Broker LLC

Amazon’s massive new Virginia Beach fulfillment center brings 1,000+ jobs and rising housing demand. See how this shapes the local real estate market.

How will Amazon’s 3.2 million–square-foot Virginia Beach fulfillment center affect housing demand and prices across Hampton Roads? With 1,000+ new jobs and rapid workforce growth, housing demand in Virginia Beach and nearby neighborhoods is poised to rise—especially for buyers and investors.

A Game-Changing Development for Virginia Beach

In a major economic win for the 757, Amazon has announced a 3.2 million–square-foot robotics-driven fulfillment center in Virginia Beach.
Located off Dam Neck Road near the Corporate Landing Business Park, the state-of-the-art facility will bring 1,000+ full-time jobs to the region.

City officials and economic analysts see this as a turning point for Virginia Beach’s long-term housing and workforce development strategy.
As new workers relocate or commute in from nearby areas, housing demand—both for rentals and for-sale homes—is expected to climb steadily through 2026 and beyond.

“This project reinforces Virginia Beach’s position as a logistics and innovation hub for Hampton Roads,” said Mayor Bobby Dyer in the city’s press release. “It’s about long-term economic strength and opportunity.”

What This Means for the Virginia Beach Housing Market

1. Rising Buyer Demand

Historically, major job announcements like this lead to an uptick in homebuyer activity within a 10–15-mile radius of the project site.
According to local MLS data, median home prices in southwest Virginia Beach (23456) rose by 4.8% year-over-year in Q4 2025, compared to 3.2% citywide.

Neighborhoods likely to see the most interest include:

Courthouse Estates
Indian River / Landstown
Red Mill Farms
Oceana / Dam Neck Corridor

These areas offer convenient commutes and attractive suburban amenities.

2. Increased Rental Demand

Amazon’s new hires—many of whom will be relocating—could put upward pressure on rental prices, especially for single-family homes and townhouses.
Current average rent in Virginia Beach sits around $1,875/month (Zillow, Dec 2025), with projections suggesting a 3–5% annual increase as the workforce expands.

3. New Development & Infrastructure Growth

The facility is expected to stimulate nearby infrastructure improvements, including road upgrades, retail growth, and possibly new housing communities to accommodate employees.
Local developers are already exploring mixed-use and multifamily projects near the corridor to meet expected demand.

Economic Ripple Effects Across Hampton Roads

Beyond housing, this Amazon investment adds momentum to Hampton Roads’ diversification beyond defense and tourism.
With increased logistics, warehouse, and tech employment, the region could see broader population growth and wage stability—both of which strengthen the real estate market long-term.

Source highlights:

What Buyers, Sellers, and Investors Should Watch

🔹 For Buyers

Now may be the time to explore emerging neighborhoods before prices adjust. Job-driven growth tends to create steady appreciation within 12–24 months of opening.

🔹 For Sellers

Expect heightened buyer interest near employment corridors. Sellers positioned within commuting distance to Dam Neck could benefit from stronger demand and faster days on market.

🔹 For Investors

This is a prime window to consider long-term rentals or short-term corporate housing near the Amazon site. Workforce housing will be a growth sector through 2026.

FAQs

Q1: When will the Amazon fulfillment center open?
The facility is expected to be operational by late 2026, according to the City of Virginia Beach.

Q2: How many jobs will it bring?
Over 1,000 new full-time positions, plus hundreds of temporary construction and seasonal roles.

Q3: How might this affect nearby home prices?
Experts anticipate a 3–7% appreciation boost within a few miles of the facility, as demand rises faster than new housing supply.

Thinking about making Virginia Beach your home? Explore local neighborhoods, discover the latest listings, or get a free home valuation to see what your home could be worth in today’s market. Call me at 757-703-1590 or DM me on Instagram @virginiabeachwithmegan.

Written by Megan Luker, REALTOR® | Virginia Beach Military Relocation Expert, Navy Wife & Mom
Licensed REALTOR® in the Commonwealth of VA at ΓEA⅃ Broker, LLC
📱 757-703-1590 (direct) | ☎️ 855-450-0442 (office)
📍 1765 Greensboro Station Place, 900 McLean, VA 22102
📧 megan@lukerativegroup.com