Wachapreague, VA Real Estate
According to census data in the year 2000 there were 229 housing units in Wachapreague.
This represents a 2.7% growth from 223 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 229 were located in what is classified as a rural area.
Homeownership rate in Wachapreague is about 70.2%.
Wachapreague's vacancy rate, including seasonal lodging, is about 42.8%.
Average household size is 1.79 people.
The majority of houses, apartments or condos in Wachapreague were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 2.60% |
| Two Bedrooms | 42.80% |
| Three Bedrooms | 47.20% |
| Four Bedrooms | 5.70% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.6 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $79,300 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $250 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.40% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 34.10% |
| Debt Free | 58.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
