House Prices

House Prices & Home Values Wallops Island, VA 2026


Average Data

average house price$224,900
average size per house2052 ft²
average price per ft²110 $ / ft²

06/13/2026 - The value range (VR) for house prices in Wallops Island, VA is $221/ sqft to $221/ sqft. An average home with 2052 sqft costs approximately $453,492 to $453,492. Wallops Island, VA includes 1 ZIP codes and it is located in Accomack county. The lowest prices are found in ZIP 23337, while the highest are in ZIP 23337. The average price per sqare feet is $110. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Wallops Island

23337218 $ / ft²




Historical development of home values in Wallops Island

Year Estimated value (USD) Change vs. 2025
2010 $104,448 -53.6%
2011 $100,409 -55.4%
2012 $100,138 -55.5%
2013 $103,881 -53.8%
2014 $109,047 -51.5%
2015 $114,643 -49.0%
2016 $120,626 -46.4%
2017 $127,137 -43.5%
2018 $134,166 -40.3%
2019 $140,387 -37.6%
2020 $147,644 -34.4%
2021 $167,929 -25.3%
2022 $195,768 -13.0%
2023 $206,446 -8.2%
2024 $218,389 -2.9%
2025 $224,900 0.0%

Graph: estimated home values in Wallops Island over time (USD)



Example: 100% financing house in Wallops Island

Loan amount: $224,900

Interest rate: 6.00%

Fixed monthly payment: $1,348.39

Breakdown in the 1st month:
Interest portion: $1,124.50  –  Principal portion: $223.89

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $13,418.87 $2,761.80 $222,138.20
2 $13,248.53 $2,932.14 $219,206.06
3 $13,067.68 $3,112.99 $216,093.07
4 $12,875.68 $3,304.99 $212,788.08
5 $12,671.83 $3,508.83 $209,279.25
6 $12,455.42 $3,725.25 $205,554.00
7 $12,225.65 $3,955.02 $201,598.98
8 $11,981.72 $4,198.95 $197,400.02
9 $11,722.73 $4,457.94 $192,942.09
10 $11,447.78 $4,732.89 $188,209.20
11 $11,155.86 $5,024.81 $183,184.39
12 $10,845.94 $5,334.73 $177,849.66
13 $10,516.91 $5,663.76 $172,185.90
14 $10,167.58 $6,013.09 $166,172.81
15 $9,796.71 $6,383.96 $159,788.85
16 $9,402.96 $6,777.71 $153,011.14
17 $8,984.92 $7,195.75 $145,815.39
18 $8,541.11 $7,639.56 $138,175.83
19 $8,069.91 $8,110.76 $130,065.07
20 $7,569.66 $8,611.01 $121,454.07
21 $7,038.55 $9,142.12 $112,311.95
22 $6,474.69 $9,705.98 $102,605.97
23 $5,876.04 $10,304.63 $92,301.34
24 $5,240.48 $10,940.19 $81,361.14
25 $4,565.71 $11,614.96 $69,746.18
26 $3,849.32 $12,331.35 $57,414.84
27 $3,088.75 $13,091.92 $44,322.92
28 $2,281.27 $13,899.40 $30,423.52
29 $1,423.99 $14,756.68 $15,666.84
30 $513.83 $15,666.84 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Wallops Island, VA


1500 sqft3900 sqft
Ø selling price$199,651$424,711
Ø fast selling$181,501$382,240
Ø high price sale$217,801$467,182

In 2026, houses in Wallops Island, VA will be offered at an average price of $110 per square foot. A 1,500 sqft home priced at $199,651 is 22.59% more expensive per square foot than a 3,900 sqft home priced at $424,711. Home prices in Wallops Island, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $294,030. Sellers who can wait longer may achieve a higher price of up to $359,370.

FAQ – Home Values in Wallops Island

What is the median home value in Wallops Island in 2026?

In 2026, the typical home value in Wallops Island is about $224,900 for an average home size of 2052 square feet. This corresponds to an average price of roughly $110 per square foot.

What is the average cost per square foot in Wallops Island?

In 2026, homes in Wallops Island sell for an average of around $110 per square foot, with a typical range between $221 and $221 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Wallops Island is about 2052 square feet, with an estimated 2026 value around $224,900.



Locations close to Wallops Island, VA

Eastville, VA243 $ / ft²
Exmore, VA221 $ / ft²
Franktown, VA184 $ / ft²
Chincoteague Island, VA229 $ / ft²
Chesapeake, VA249 $ / ft²
Cheriton, VA200 $ / ft²
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