Accomack County, Virginia Housing Market Prices
Accomack County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 37% below the Virginia median$161,842
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Median rent 38% below the Virginia median$976
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Accomack County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $161,842 | $256,082 | $248,835 |
| Price Trend (Annual %) | 2.7% | 3.5% | 7.5% |
| Median Gross Rent | $976 | $1,579 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Accomack County is about 37% lower than in Virginia. Rent is about 38% lower than the Virginia average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Accomack County, up about 2.7% and 3.5% a year respectively. Rent is changing faster.
Median rent in Accomack County rose about 33.4% between 2015 and 2024, from $732 to $976. Over the same span, rent in Virginia rose about 41.5%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Accomack County.
Buying the median-priced home in Accomack County costs roughly 13.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Accomack County. The price-to-rent ratio in Virginia is about 13.5.
| Metric | Accomack County | Virginia Avg | US Average |
|---|---|---|---|
| Median Home Price | $161,842 | $256,082 | $248,835 |
| Median Household Income | $59,342 | $93,527 | $80,455 |
| Price-to-Income Ratio | 2.7 | 2.7 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Accomack County fell about 23.3%, while median household income rose about 36.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Accomack County | Virginia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.8% | 61.5% | 58.5% |
| Rental Rate | 18.7% | 29.8% | 31.2% |
| Vacancy Rate | 34.5% | 8.7% | 10.2% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Accomack County has a homeownership rate of 46.8%, lower than the Virginia average of 61.5%. Its housing vacancy rate is 34.5%, compared with 8.7% in Virginia.
Housing Stock
| Metric | Accomack County | Virginia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.22 people | 2.52 people | 2.53 people |
| Median Structure Built Year | 1975 | 1982 | 1978 |
| Median Number of Rooms | 5.5 | 6.0 | 5.5 |
The typical housing unit in Accomack County was built around 1975. On average, 2.2 people live in a home with about 5.5 rooms, staying for about 18.0 years on average.
Accomack County, VA Housing Compared With Nearby Counties
Accomack County, VA is the 2nd largest of the 5 counties compared here, 33,335 residents against a local median of 18,505. Accomack County, VA's median home price, at $161,842, runs 21% below the $205,010 typical of the counties around it.
The counties themselves spread $131,381 on median home price, so Accomack County, VA sits at one end of an already wide local range rather than apart from it. Accomack County, VA has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Accomack County, VA | 33,335 | $161,842 #4/5 | $976 #5/5 | 71.4% #4/5 |
| Somerset County, MD | 24,822 | $260,756 | $1,013 | 73.1% |
| Wicomico County, MD | 104,905 | $176,769 | $1,326 | 62.3% |
| Mathews County, VA | 8,540 | $233,252 | $1,032 | 84.0% |
| Northumberland County, VA | 12,188 | $129,375 | $1,038 | 86.1% |
Frequently Asked Questions
Common questions about the housing market in Accomack County, Virginia.
What is the median home price in Accomack County, Virginia?
The median home price in Accomack County, Virginia is $161,842, lower than the Virginia average of $256,082.
What is the average home price in Accomack County, Virginia?
The typical home price in Accomack County, Virginia, reported as the median sale price, is $161,842. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Accomack County, Virginia?
The median gross rent in Accomack County, Virginia is $976 per month, lower than the Virginia average of $1,579.
What was the median gross rent in Accomack County in 2020?
In 2020, the median gross rent in Accomack County, Virginia was $825 per month.
What is the price-to-rent ratio in Accomack County, Virginia?
The price-to-rent ratio in Accomack County, Virginia is about 13.8, meaning it would take roughly 13.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Accomack County.
Are home prices or rent rising faster in Accomack County, Virginia?
Both home prices and rent are rising in Accomack County, up about 2.7% and 3.5% a year respectively. Rent is changing faster.
What is the homeownership rate in Accomack County, Virginia?
46.8% of households in Accomack County, Virginia own their home, lower than the Virginia average of 61.5%.
What is the vacancy rate in Accomack County, Virginia?
The housing vacancy rate in Accomack County, Virginia is 34.5%, higher than the Virginia average of 8.7%.
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