Wise County, VA Housing

Wise, VA County is an area with a housing market that is flourishing. The median housing value in the county is $103,600, which is well below the national median of $338,100. However, the one year house appreciation rate for this county is 13.65%, significantly higher than the U.S. average of 8.27%. This indicates that Wise's housing market is growing at a faster rate than many other areas across the country. These factors make Wise an attractive place to invest in real estate and are indicative of a healthy and vibrant economy in the region.

The median home cost in Wise County is $103,600. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Wise County is up 22.5%.

Average Age of Homes

- The median age of Wise County real estate is 40 years old

The Rental Market in Wise County

- Renters make up 26.7% of the Wise County population
- 1.6% of houses and apartments in Wise County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Wise, Virginia	United States
	16,820.0	139,647,020.0
	43	42
	$103,600	$338,100
	22.5%	16.6%
	67.7%	57.0%
	78.0%	101.1%
	$6.67	$10.98
	$632	$2,690
	59.1%	57.4%
	16.6%	11.2%
	24.3%	31.4%
Vacant Housing
	1.6%	1.9%
	0.1%	0.4%
	1.8%	0.7%
	0.2%	0.4%
	0.9%	3.6%
	12.1%	4.1%
Value of Owner-Occupied Housing
	7.3%	2.6%
	8.0%	2.4%
	9.6%	2.8%
	16.2%	3.9%
	10.9%	4.5%
	17.3%	11.3%
	13.0%	13.0%
	12.4%	20.1%
	3.1%	13.6%
	0.3%	8.3%
	1.5%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.6%	13.6%
	10.6%	13.6%
	16.2%	13.6%
	14.5%	13.2%
	21.2%	14.8%
	16.2%	13.6%
	7.6%	10.0%
	7.5%	4.7%
	11.3%	12.2%

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