Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$135,234+0.9% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$29,316About 0.5× the local median income ($53,925): affordable for a typical household
Days on market96 daysAbout the same pace as a year ago
The typical home in Wise County, VA is worth $135,234, up 0.9% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $145,445, so the area is 7.0% undervalued. It is a buyer's market: homes take about 96 days to sell, listings are up 27% from a year ago, 15% of listings have had a price cut. A household needs about $29,316 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,925. In the latest IRS figures, 67 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$135,234
Change in 1 year
+0.9%
Overvalued %
−7.0%
Show 6 more
Fair home value
$145,445
Change in 5 years
+26.3%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$733
Income needed to afford it
$29,316
Property tax rate
0.58%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$943
Market activity
Listings vs a year ago
+27.0%
Days on market
96
Listings with a price cut
15.1%
Show 3 more
Homes for sale
113
Pending sales per 100 listings
17
Asking price per sq ft
$110
People and jobs
Median household income
$53,925
Population change (1 year)
−0.6%
Unemployment rate
8.2%
Show 4 more
Population
34,824
Income adjusted for cost of living
$61,001
Net moves in (IRS)
+67
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
9.2
FEMA hazard risk score (0 to 100)
50.4
Flood risk score
66.3
Show 3 more
Wildfire risk score
84.3
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Wise County, VA overvalued?
Home prices in Wise County, VA are slightly below what local incomes have historically supported: fair value is about $145,445, so the area is 7.0% undervalued.
Is Wise County, VA a buyer's or seller's market?
Wise County, VA is a buyer's market: homes take about 96 days to sell, listings are up 27% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Wise County, VA?
Home values in Wise County, VA are up 0.9% over the last year.
How much do you need to earn to buy a home in Wise County, VA?
A household needs about $29,316 a year to afford the typical home in Wise County, VA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $53,925.