Much like nearby areas, it's somewhat less expensive compared to the nation as a whole. However it's substantially less expensive compared to the city of Virginia Beach.
Home prices
The median home value in Wachapreague is $150,000. In comparison to the surrounding areas this is about $2,680 (1%) lower.Compared to the entire nation it is roughly $67,500 (31%) lower, and it is roughly $130,800 (46%) lower compared to the city of Virginia Beach.
Rents
The median monthly rent in Wachapreague is $950. Compared to nearby areas it is approximately $116 (13%) higher.Compared to the United States as a whole it is approximately $112 (10%) lower, and it is about $417 (30%) lower compared to the city of Virginia Beach.
Nearby places
Keller
Keller is roughly 3 miles west from Wachapreague. The housing prices there are a bit less expensive. The median home in Keller costs $114,300, which comes out to $35,700 (31%) lower than Wachapreague. Rent there is a bit less expensive. Keller's median monthly rent is $830, which works out to $120 (14%) lower than Wachapreague.
Melfa
Melfa is roughly 3 miles northwest from Wachapreague. Its housing prices are similar. The median home in Melfa is valued at $144,400, which is $5,600 (3%) lower than Wachapreague. Rents there are a bit less expensive. Melfa's median monthly rent is $867, which is $83 (9%) lower than Wachapreague.
Quinby
Quinby is about 4 miles southwest from Wachapreague. Its real estate prices are somewhat more expensive. Quinby's median home value is $194,900, which comes out to $44,900 (23%) higher than Wachapreague. Rent there is a little less expensive. The median rent in Quinby is $874 per month, which comes out to $76 (8%) lower than Wachapreague.
Painter
Painter is about 4 miles west from Wachapreague. Housing prices there are significantly less expensive. The cost of the median home in Painter is $112,500, which works out to $37,500 (33%) lower than Wachapreague. Rent there is similar. In Painter the median rent is $957 a month, which is very similar to Wachapreague.
Onley
Onley is roughly 6 miles north of Wachapreague. The real estate prices there are somewhat more expensive. The median home in Onley costs $197,300, which is $47,300 (23%) higher than Wachapreague. Rents there are substantially less expensive. Onley's median rent is $643 a month, which comes out to $307 (47%) lower than Wachapreague.
