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Cape Charles town, VA

ZIP 23310 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 23310

Median Home Value
$344,700
Median Rent
$669
Affordability Snapshot
$95,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,214/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

42.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 23310 in Cape Charles town, VA, a household would need roughly $95,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,214. That is about 78% above the local median household income ($53,482), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 33% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
63.0%-4% vs US avg
x
Vacancy Rate
32.5%+216% vs US avg
x
Broadband Access
82.7%-5% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
3.8%-71% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
13.4%-73% vs US avg
x
Mortgage-Free
52.6%+38% vs US avg
x
$344,700
Home Value
$669
Rent
1979
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.2%
  • 1-unit attached5.8%
  • 2-9 units9.5%
  • 10+ units2.6%
  • Mobile home & other6.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$344,700
Median rent$669
Owner-occupied63.0%
Vacant32.5%
Price-to-income6.4x
Est. income to buy$95,000