January's First-Time Homebuyer Report for Isle of Wight County

Isle of Wight County is a county in Virginia. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $61,844 per household and cost of living adjustment score of 113.3. Smithfield and Windsor are the two largest cities in terms of population. Homes in Isle of Wight County are of moderate age with a median age of 22 years. The best school in the county is Moyock Elementary School.

Culture

Recommended places to eat, according to Foursquare, in Isle of Wight County include Smithfield Station, Chick-fil-A Main Street (VA), and Plaza Azteca. You might also try Bridges Restaurant, a popular place to get a drink. And a good place to get a cup of coffee is Starbucks.

Price Range

The median value of homes in Isle of Wight County is $220,600, making it one of the most valuable areas in Virginia. At the same time, the average list price of available homes is presently $284,319.

Make sure you take a look at these eye-catching homes in Isle of Wight County that generated the most views from potential buyers:

$449K   $189K   $285K  

Typical Dwelling

A three-bedroom detached home valued around $243,182 is considered a typical dwelling in Isle of Wight County. If a buyer was looking for a similar home, they would need good credit and a $48,636 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,313 and the property tax rate is $6.73 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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