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VA area data

Chincoteague Island, VA

Chincoteague Island, VA.

Population: 3,319 (Census ACS)

Home values & appreciation

Median home value
$372,644
1-year appreciation
+0.6%
3-year appreciation
+6.4%
5-year appreciation
+40.6%
10-year appreciation
+100.5%
All-time peak (2024-11)
$374,794
House Price Index
423.6 (+3.3% YoY)

Market activity

New listings (monthly)
12

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coastalFlooding, hurricane

Climate (30-year normals)

Annual precipitation
49.9 in

Amenities

National parks within ~60 mi
2
Nearest national park
Assateague Island National Seashore (13 mi)
Nearest airport
Wallops Flight Facility Airport (WAL) (2 mi)
Nearest major airport
Salisbury Ocean City Wicomico Regional Airport (SBY) (27 mi)
Hospitals nearby (~15 mi)
1,090
Avg hospital rating
3.1 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+1 tax filers

Housing stock

Median year housing built
1,983
Median annual property tax
$1,551
Households with broadband internet
73.7%

Employment & development

Total county employment
9,880
Average weekly wage
$933
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
162

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents