Accomack County, Virginia Housing Market
In Accomack County, Virginia, the median home value is $204,300, with a median monthly rent of $977. This places Accomack County at #1358 nationally out of 3134 counties by median home value, and #93 within Virginia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,017
- Establishments: 1,080
- BLS QCEW, 2025
Housing Supply
- Single-family: 154
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 13,955 (avg $60,153)
- Outflow: 12,999 (avg $59,431)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Accomack County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 23417 | 359.3 | +6.69% | 2025 |
| 2 | 23336 | 388.3 | +21.42% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Accomack County Compares
| Metric | Accomack County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $204,300 | $295,807 | $227,706 |
| Median Gross Rent | $977 | $1,169 | $968 |
| Owner Occupancy Rate | 71.4% | 70.8% | 73.3% |
| Price/Rent Ratio | 17.4 | 20.3 | 18.7 |
Market Analysis
The median home value in Accomack County is 30.9% below the Virginia state average and 10.3% below the U.S. national average. The median rent of $977/month is 16.4% below the state average.
With a price-to-rent ratio of 17.4, the buy-vs-rent decision in Accomack County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Accomack County has an owner-occupancy rate of 71.4%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Irion County | Texas | $204,400 | $1,950 |
| Champaign County | Ohio | $204,000 | $905 |
| Union County | Tennessee | $204,000 | $847 |
| Washington County | Iowa | $203,900 | $879 |
| Hancock County | Ohio | $204,700 | $979 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bath County | $206,700 | $736 | 71.3% |
| Appomattox County | $207,600 | $855 | 75.8% |
| Highland County | $200,000 | $856 | 88.9% |
| Campbell County | $211,600 | $891 | 74.9% |
| Amherst County | $212,400 | $871 | 80.8% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).