Zip 23480 (Wachapreague, VA) Housing

The housing market in 23480 Wachapreague, VA is thriving. The median value of homes in this area is currently $283,100, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in 23480 Wachapreague, VA has been 11.30%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that 23480 Wachapreague, VA is a great place to invest in real estate as property values are steadily increasing over time.

The median home cost in Wachapreague (zip 23480) is $283,100. Home appreciation the last 10 years has been 58.5%. Home Appreciation in Wachapreague (zip 23480) is up 13.1%.

Average Age of Homes

- The median age of Wachapreague (zip 23480) real estate is 51 years old

The Rental Market in Wachapreague (zip 23480)

- Renters make up 12.7% of the Wachapreague (zip 23480) population
- 0.0% of houses and apartments in Wachapreague (zip 23480), 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	Wachapreague, Virginia	United States
	248.0	139,647,020.0
	42	42
	$283,100	$338,100
	13.1%	16.6%
	42.0%	57.0%
	58.5%	101.1%
	$5.30	$10.98
	$877	$2,690
	58.1%	57.4%
	37.1%	11.2%
	4.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.6%	0.7%
	0.0%	0.4%
	30.2%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	1.4%	3.9%
	7.6%	4.5%
	17.4%	11.3%
	11.8%	13.0%
	57.6%	20.1%
	4.2%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.1%	13.6%
	8.1%	13.6%
	6.9%	13.6%
	1.6%	13.2%
	5.2%	14.8%
	6.9%	13.6%
	10.5%	10.0%
	7.3%	4.7%
	51.6%	12.2%

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