Chincoteague Real Estate Market

Chincoteague Market

The median mortgage debt is $60,201.

Additional Statistics for Single Family Homes and Condos in Chincoteague, VA
$867,450
Median Listing Price
58
Median Days on Market
2
Active Listings
50.0%
Distressed Listings
(foreclosures and short sales)
Chincoteague, VA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Chincoteague is $1,600,000.

The median sale price in January for single family homes is $627,500. The sale prices increased by 284.37% from the previous month.

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Chincoteague, VA Market Inventory Trends

The median number of days active properties have been listed is 70. This is significantly shorter than the national average.

The number of sales in January dropped by 80% from the previous month.

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Chincoteague, VA Property Ownership

Chincoteague has a high % of unoccupied properties. It is 39.83% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Chincoteague is 27.65% below the national average.

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