Sales Fall in Isle of Wight County Real Estate Market

With home sales in the Isle of Wight County market already below average, in this week's report they slid 8.1% to 34 homes sold over the last 30 days. In comparison, nearby Chesapeake City had 295 sales in the same time frame, the most of all neighboring counties. The median sales price rose to $240,000 over the latest reporting period for Isle of Wight County, up from $224,900. Isle of Wight County is a strong buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Isle of Wight County:

$409K   $429K   $145K  

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 median value of all homes is $220,600.
  • The area gets an average of 105 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 5.8%.
  • The student-to-teacher ratio is 13.9:1. (15.3:1 = national average)

Data reported through 10/19/2016

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