Home prices
The median home in Chincoteague costs $279,700. It is about $138,120 (97%) higher in comparison to its nearby areas.It is about $62,200 (28%) higher compared to the rest of the nation, and compared to the city of Virginia Beach is is very similar.
Rents
The median monthly rent in Chincoteague is $940. This is about $13 (1%) higher compared to the surrounding areas.Compared to the country as a whole it is approximately $122 (11%) lower, and in comparison to the city of Virginia Beach is roughly $427 (31%) lower.
Nearby places
Captains Cove
Captains Cove is about 4 miles northwest of Chincoteague. The housing prices there are a lot less expensive. The median home in Captains Cove is valued at $172,300, which comes out to $107,400 (62%) lower than Chincoteague. The rent there is somewhat more expensive. In Captains Cove the median monthly rent is $1,100, which is $160 (14%) higher than Chincoteague.
Wattsville
Wattsville is approximately 7 miles west from Chincoteague. The real estate prices there are significantly less expensive. The median home price in Wattsville is $159,500, which comes out to $120,200 (75%) lower than Chincoteague. Rent there is somewhat more expensive. Wattsville's median rent is $1,059 per month, which comes out to $119 (11%) higher than Chincoteague.
Pocomoke City
Pocomoke City is approximately 12 miles northwest of Chincoteague. The real estate prices there are significantly less expensive. The median home in Pocomoke City costs $132,100, which is $147,600 (111%) lower than Chincoteague. Rents there are somewhat less expensive. Pocomoke City's median monthly rent is $835, which works out to $105 (12%) lower than Chincoteague.
Hallwood
Hallwood is roughly 12 miles southwest from Chincoteague. The housing prices there are substantially less expensive. The median home in Hallwood costs $88,300, which is $191,400 (216%) lower than Chincoteague. Rents there are a bit less expensive. Hallwood's median rent is $775 per month, which comes out to $165 (21%) lower than Chincoteague.
Snow Hill
Snow Hill is about 14 miles north of Chincoteague. The real estate prices there are a lot less expensive. The price of the median home in Snow Hill is $155,700, which works out to $124,000 (79%) lower than Chincoteague. Rent there is somewhat less expensive. Snow Hill's median monthly rent is $865, which is $75 (8%) lower than Chincoteague.
