The housing market in Big Stone Gap, VA is thriving. The median value of homes in the area is $134,600, much lower than the median value of homes in the US which is $338,100. In addition, while US home values appreciated 8.27% over the past year, homes in Big Stone Gap experienced an even more impressive 18.69% appreciation in their values over the same period of time. This makes Big Stone Gap an ideal place to live for those looking for a reasonably priced home that has proven to appreciate significantly over a short period of time.
The median home cost in Big Stone Gap is $134,600. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Big Stone Gap is up 22.5%.
Average Age of Homes
- The median age of Big Stone Gap real estate is 55 years old
The Rental Market in Big Stone Gap
- Renters make up 42.7% of the Big Stone Gap population
- 3.4% of houses and apartments in Big Stone Gap, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.