Zip 23336 (Chincoteague, VA) Housing

Housing in 23336 Chincoteague, VA is a great investment. The median value of homes in this area is $305,800, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Chincoteague is 12.33%, which is much higher than the US 1 year House Appreciation rate of 8.27%. Investing in housing in this area would be a smart move to potentially make good returns on your investment.

The median home cost in Chincoteague (zip 23336) is $305,800. Home appreciation the last 10 years has been 59.0%. Home Appreciation in Chincoteague (zip 23336) is up 13.0%.

Average Age of Homes

- The median age of Chincoteague (zip 23336) real estate is 37 years old

The Rental Market in Chincoteague (zip 23336)

- Renters make up 6.1% of the Chincoteague (zip 23336) population
- 0.5% of houses and apartments in Chincoteague (zip 23336), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chincoteague, Virginia	United States
	4,541.0	139,647,020.0
	41	42
	$305,800	$338,100
	13.0%	16.6%
	43.2%	57.0%
	59.0%	101.1%
	$4.42	$10.98
	$1,382	$2,690
	31.1%	57.4%
	58.0%	11.2%
	10.9%	31.4%
Vacant Housing
	0.5%	1.9%
	0.5%	0.4%
	1.0%	0.7%
	0.5%	0.4%
	46.7%	3.6%
	8.9%	4.1%
Value of Owner-Occupied Housing
	10.5%	2.6%
	3.3%	2.4%
	1.6%	2.8%
	0.7%	3.9%
	0.7%	4.5%
	1.7%	11.3%
	8.4%	13.0%
	18.9%	20.1%
	34.8%	13.6%
	8.9%	8.3%
	8.4%	9.7%
	2.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.3%	13.6%
	14.3%	13.6%
	13.7%	13.6%
	15.9%	13.2%
	13.4%	14.8%
	13.7%	13.6%
	8.1%	10.0%
	1.5%	4.7%
	18.2%	12.2%

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