Tracey Velt's Market Report
Wise County, VA
Single-Family Homes
HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498
Wise County, VA
Sat Nov 14 2026
This week the median list price for Wise County, VA is $166,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 128.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $166,000 | |
| Median Price of New Listings | $173,250 | |
| Per Square Foot | $107 | |
| Average Days on Market | 145 | |
| Median Days on Market | 102 | |
| Price Decreased | 49% | |
| Price Increased | 1% | |
| Relisted | 5% | |
| Inventory | 128 | |
| 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 |
|---|---|---|---|---|---|---|---|---|
| $397,450 | 3,050 | 1 - 2.5 acres | 4 | 3 | 47 | 0 | 1 | 105 |
| $210,500 | 1,744 | 1 - 2.5 acres | 3 | 2 | 48 | 3 | 2 | 87 |
| $131,500 | 1,404 | 0.25 - 0.5 acre | 3 | 2 | 51 | 1 | 3 | 105 |
| $62,497 | 1,014 | 0.25 - 0.5 acre | 3 | 1 | 61 | 0 | 4 | 98 |