New Downward Trend in Home Prices for Isle of Wight County Real Estate Market

The Isle of Wight County market stayed soft with 30 homes sold in the last 30 days, a 6.2% sales drop. Meanwhile, Chesapeake City reported 305 home sales, the highest number from all the surrounding counties. The median sales price continued to fall, trending downwards for four weeks to reach $221,470. Isle of Wight County is a definite buyer's market, with a big 11 months of inventory to choose from coupled with falling prices.

Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in Isle of Wight County:

$103K   $109K   $109K  

Get started right now by checking out Isle of Wight County homes for sale or reviewing Isle of Wight County real estate trends.

Demographic facts about Isle of Wight County:

  • The population has increased 18.6% over the past decade.
  • The area's safety rating is 77. (Scale: 1 = Worst, 100 = Best)
  • The average commute to work for people in this area is 31 minutes.

Data reported through 10/12/2016

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The Real Estate Group
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Rose & Womble Realty Company
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