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Rent To Own Homes in Wallops Island, VA

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Wallops Island, VA Foreclosures

How much do homes sell for in Wallops Island, VA?
The average home price is currently $259,294.
In Wallops Island, VA, how many homes are available?
There are currently 1 active home listings available in Wallops Island.
What’s the average rental cost in Wallops Island, VA?
The average rental price in Wallops Island is $1,042.
What is the most expensive home in Wallops Island?
The most expensive home sold in Wallops Island had a price of $1,062,545.
What is currently the cheapest priced home in Wallops Island, VA?
The cheapest home for sale in Wallops Island is priced at $59,553.

Living in Wallops Island, VA

Wallops Island, Virginia, is a quaint coastal community known for its natural beauty and proximity to historic sites. Residents enjoy a relaxed lifestyle with access to outdoor activities and are within range of local amenities. The presence of NASA's Wallops Flight Facility brings an interesting mix of science and community engagement to the area.

Current Market Conditions in Wallops Island, VA

The real estate market in Wallops Island remains stable, with a small but active buying and selling environment. The area's appeal as a quieter retreat near the coast ensures steady demand for homes, particularly from those looking for vacation properties or second homes.

Current trends show a gradual increase in property values due to the ongoing interest in the area for both residential needs and investment opportunities, particularly as awareness of the region grows with the expanding activities at the NASA facility.

Home Value Estimator For Wallops Island, VA

There are currently 189 real estate properties in Wallops Island, VA, with a median automated valuation model (AVM) price of $237,171.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wallops Island, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wallops Island, VA, is $259,294.00, with the most expensive house in Wallops Island, VA, topping out at $1,062,545.00 and the cheapest home in Wallops Island, VA, clocking in at $59,553.00. In other words, there’s something for every potential homebuyer or savvy investor in Wallops Island, VA!

Rent Prices In Wallops Island, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wallops Island, VA, is on a rollercoaster ride. The average rent price in Wallops Island, VA, is $1,042.00. Indeed, when looking to rent in Wallops Island, VA, you can expect to pay as little as $740.00 or as much as $1,500.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Wallops Island, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wallops Island, VA Rent To Own Homes


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