The median home value in Wallops Island, VA is $207,111.
This is
higher than
the county median home value of $161,168.
The national median home value is $308,980.
The average price of homes sold in Wallops Island, VA is $207,111.
Approximately 47% of Wallops Island homes are owned,
compared to 15% rented, while
37.5% are vacant.
Wallops Island real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Wallops Island real estate agent to arrange a tour
today! Learn more about Wallops Island Real Estate.
Newly built in 2023, this farmhouse sits on 1.68 acres at the end of Holly Lane, offering privacy and space just minutes from Chincoteague! A full wraparound porch runs around the home...A spacious fully fenced yard with beautiful white vinyl, all so perfect for enjoying the outdoors. Inside features cathedral ceilings, a wood-burning stone fireplace, and an open kitchen, dining, and living area with luxury vinyl flooring throughout. The primary bedroom and utility room are on the first floor. Upstairs includes two bedrooms, a full bath, and a loft overlooking the main living space-great for an office or bonus area. One of the closest off-island developments to Chincoteague, giving you room to breathe without being far from town!
A rare opportunity to create your ideal equestrian or farm retreat on over 36 acres of scenic Wallops Island land, where open pasture views, privacy, and versatility come together. This under-construction barndominium is designed for those seeking space to live, work, and enjoy a true rural lifestyle-without sacrificing proximity to coastal amenities. The expansive ground level offers over 3,000 square feet of stable space with 18 stalls, along with a convenient half bath-ideal for daily barn use, livestock care, and equipment needs. A finished entry/mudroom provides a practical transition from barn to home before heading upstairs to the living quarters. The upper level features over 2,400 square feet of living space with 3 bedrooms and 2 full bathrooms. A spacious mudroom-style foyer with dual closets easily accommodates boots, gear, and daily essentials. The open-concept kitchen, dining, and living area creates a welcoming hub for everyday living and entertaining, with the living room opening to a large deck overlooking open pastureland bordered by a tree line, offering peaceful views and privacy. Two guest bedrooms share a generous full bath accented with shiplap walls and access to a shared deck, while the primary suite provides a private retreat with a walk-in closet and spacious en-suite bath. Luxury vinyl plank flooring and recessed lighting enhance the modern, comfortable feel throughout. The home is under construction, giving buyers the option to select and complete interior finishes with the seller or purchase the property as-is and finish it to their own vision. The barndominium structure features vertical metal siding and a metal roof, offering long-term ease of ownership. Conveniently located near Wallops Flight Facility, Assateague Island beaches, and the shops and dining of Chincoteague Island, this property offers an exceptional blend of acreage, flexibility, and lifestyle-perfect for equestrian enthusiasts, farmers, or anyone seeking space to create something truly special.