Tracey Velt's Market Report
Wise County, VA
Single-Family Homes
HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498
Wise County, VA
Wed Jan 22 2025
This week the median list price for Wise County, VA is $179,999 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 76.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Real-Time Market Profile
| Median List Price | $179,999 | |
| Median Price of New Listings | $283,000 | |
| Per Square Foot | $108 | |
| Average Days on Market | 153 | |
| Median Days on Market | 116 | |
| Price Decreased | 43% | |
| Price Increased | 1% | |
| Relisted | 4% | |
| Inventory | 76 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $325,000 | 2,560 | 1 - 2.5 acres | 4 | 2.5 | 47 | 1 | 1 | 126 |
| $229,000 | 1,763 | 0.5 - 1 acre | 3 | 2 | 46 | 0 | 0 | 112 |
| $137,500 | 1,222 | 0.25 - 0.5 acre | 3 | 1.5 | 57 | 0 | 0 | 119 |
| $64,000 | 1,190 | 0.25 - 0.5 acre | 3 | 1 | 82 | 0 | 0 | 105 |