$385K  
With one home sold in the Chincoteague market over the last 30 days, we see no change from last week's numbers. In addition, there was no shift in the amount of sellers who came into the market in the same time frame, with zero new listings for buyers to choose from. The median sales price dropped dramatically to $42,000, down from last week's $87,000. With only two months of inventory to sell, Chincoteague is a definite seller's market, in spite of the flat sales.
Comments:

$385K  
The Chincoteague market saw sales remain consistent with one home sold over the last 30 days and is also under an emerging downward trend in the number of contracts closing, with this week's number falling to zero. Pricing in Chincoteague remains consistent from last week to this week, with the median sales price at $87,000 again. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that Chincoteague is a still strong seller's market.
Comments:

$385K  
The Chincoteague market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price remained unchanged over the latest reporting period for Chincoteague, coming in at $87,000. There are only two months of inventory available in Chincoteague, so it's a strong seller's market, even if sales are flat.
Comments:

$385K  
Chincoteague has a much younger population than other areas in Virginia with a median age of 52 years. It is also less affluent than average with a median income of $39,700 per household. Detached homes account for 100% of the area's current housing market. The top school in the city is Chincoteague Elementary School.
Comments:

$385K  
The number of homes coming into the Chincoteague market tumbled to zero listings over the last 30 days, while sales remained right where they were as once again one home was sold over the same period. The median sales price of all transactions in Chincoteague did not budge this week, remaining at $87,000. There are only two months of inventory available in Chincoteague, so it's a definite seller's market, even if sales are flat.
Comments:

$385K  
The Chincoteague market looked solid this week and remained above its average as sales reached one home sold over the last 30 days. To put it in perspective, close-by Pocomoke City registered four homes sold in the same time frame, the most of all surrounding cities. With just two months of inventory available and sales going up, Chincoteague is a strong seller's market.
Comments:

$385K  
The Chincoteague market was quiet this week and reported zero home sales over the last 30 days. Chincoteague usually averages 0.2 sales per month.
Comments:

$385K  
The Chincoteague market was quiet this week and reported zero home sales over the last 30 days. Chincoteague usually averages 0.2 sales per month.
Comments:

$385K  
The Chincoteague market was quiet this week and reported zero home sales over the last 30 days. Chincoteague usually averages 0.2 sales per month.
Comments:

Chincoteague is a larger than average city in Virginia with a population of 2,941 residents, and it has a lower than average density compared to the rest of the state, with 322.7 people per square mile. Chincoteague is made up of homes that are considered relatively old with a median of 30 years. Topping the list of best schools in the city is Chincoteague Elementary School.
Comments:
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Snapped 1 home in this area
Snapped 1 home in this area

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