Machipongo, VA Community Information

Machipongo, VA Homes for Sale

(View All)

Cheriton (29)
Eastville (39)
Exmore (77)

Nassawadox (16)
Seaview (1)
Townsend (4)

Weirwood (16)
Willis Wharf (5)

Machipongo, VA Community Information

Population

1,994

Median Age

46.3

Median Household Income

$34,504

Households with Children

38.70%

Median Travel Time to Work

22 minutes

Machipongo, VA Real Estate Market Information

Homes Owned

68.54%

Homes Rented

19.98%

Homes Vacant

11.48%

Machipongo, VA Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Machipongo apartments for rent

Machipongo, VA School Information

Elementary Schools

Shore Christian Academy | 11624 Occohannock Neck Rd

Primary Schools

Occohannock Elementary School | 4208 Seaside Rd
Kiptopeke Elementary School | 24023 Fairview Rd
Pungoteague Elementary School | 28480 Bobtown Rd

High Schools

Northampton High School | 16041 Courthouse Rd

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.