Big Stone Gap Metro Area, VA Housing

The housing market in Big Stone Gap, VA Metro Area is a great option for potential homeowners. The median value of homes in the area is $103,900, which is significantly lower than the national median value of $338,100. In addition to being affordable, Big Stone Gap has seen an impressive one year house appreciation rate of 13.59%, which far surpasses the national average of 8.27%. With its low housing prices and high appreciation rates, Big Stone Gap, VA Metro Area has become a desirable area to live for those looking to purchase a home.

The median home cost in Big Stone Gap Metro Area is $103,900. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Big Stone Gap Metro Area is up 22.5%.

Average Age of Homes

- The median age of Big Stone Gap Metro Area real estate is 40 years old

The Rental Market in Big Stone Gap Metro Area

- Renters make up 25.3% of the Big Stone Gap Metro Area population
- 1.7% of houses and apartments in Big Stone Gap Metro Area, 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	Big Stone Gap, Virginia	United States
	18,621.0	139,647,020.0
	43	42
	$103,900	$338,100
	22.5%	16.6%
	67.7%	57.0%
	78.0%	101.1%
	$6.77	$10.98
	$639	$2,690
	58.0%	57.4%
	16.4%	11.2%
	25.6%	31.4%
Vacant Housing
	1.7%	1.9%
	0.4%	0.4%
	1.7%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	11.6%	4.1%
Value of Owner-Occupied Housing
	7.3%	2.6%
	7.5%	2.4%
	9.3%	2.8%
	17.2%	3.9%
	10.8%	4.5%
	17.3%	11.3%
	13.1%	13.0%
	12.3%	20.1%
	3.3%	13.6%
	0.2%	8.3%
	1.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.2%	13.6%
	10.2%	13.6%
	16.3%	13.6%
	14.5%	13.2%
	20.6%	14.8%
	16.3%	13.6%
	7.9%	10.0%
	7.4%	4.7%
	11.8%	12.2%

Reviews for Big Stone Gap

See all (0)

Write a Review

Start Your Review of Big Stone Gap

Commute