Yes, Playstation VR is compatible with PS5 but you need a PS camera adaptor and I don't have the dongle

Playstation VR kit includes:

VR headset
Processor Unit
Headphones
HDMI Cable
USB Cable
AC Adaptor/AC Power Cord
Manuals
x2 Motion Controllers
Playstation Camera
Charging stand for headset and controllers

Included games:

VR Demo Disc
Creed Rise to Glory
Skyrim VR
Firewall Zero Hour Aim Controller Bundle/ Game and controller

(no SuperHot game because activation code already used)

Asking $350.