The housing in Wise, VA is relatively more affordable than the US median value with a median of $147,700. Furthermore, over the past year there has been a much higher appreciation rate of 18.69%, compared to the US average of 8.27%. This suggests that Wise, VA is an attractive place for those looking to purchase a home due to its comparatively low cost and higher rate of appreciation.
The median home cost in Wise is $147,700. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Wise is up 22.5%.
Average Age of Homes
- The median age of Wise real estate is 39 years old
The Rental Market in Wise
- Renters make up 30.2% of the Wise population
- 2.1% of houses and apartments in Wise, 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.