Market Overview
Home Prices in Onancock, VA
The median home value in Onancock, VA is $300,231 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.4% compared to a year ago and up 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Onancock are priced27% below average.
Over the past five years, Onancock home values have risen by approximately32.5%, reflecting strong long-term appreciation in this market.
Price History
Onancock Home Price Trend
2020
$189,200
$189K
—
2021
$226,549
$227K
+19.7%
2022
$244,371
$244K
+7.9%
2023
$274,790
$275K
+12.4%
2024
$286,196
$286K
+4.2%
2025
$293,141
$293K
+2.4%
2026
$300,231
$300K
+2.4%
City Comparison
Onancock vs. National Median
🏠 Onancock
$300,231
National Median
$410,000
At $300,231, homes in Onancock cost 27% below the national median of $410,000. This makes Onancock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Onancock?
20% Down Payment
$60,046
on $300,231
Monthly P&I
$1,566/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,989/mo
incl. taxes & insurance
Income Needed
$79,560
gross annual (30% rule)
10% Down Option
$30,023
+ PMI applies
Loan Amount (20% dn)
$240,185
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Onancock, VA?
The median home value in Onancock is $300,231 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.4% year-over-year.
How much have home prices changed in Onancock?
Over the past year, home values in Onancock have increased by 2.4%. Over five years, prices have risen approximately 32.5%.
How much do I need to earn to buy a home in Onancock?
To comfortably afford the median home price of $300,231 with a 20% down payment ($60,046) at today's rates (6.8%), you'd need a gross annual income of approximately $79,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Onancock compare to the national average home price?
The national median home value is approximately $410,000. At $300,231, homes in Onancock are 27% below the national average.