Market reports › VA

Big Stone Gap, VA housing market: August 2026

What's happening in the Big Stone Gap market right now.

$145,846
Typical home value
+2% in a year
+31%
Home values, 5 years
$162,000
Median list price · Wise County
−5.8% in a year
108
Homes for sale · Wise County
+17.4% in a year
86 days
Median days on market · Wise County
24.2%
Listings with a price cut
$100K $125K $150K 201620182020202220242026

Buyer's or seller's market?

Big Stone Gap, VA leans toward a buyer's market: homes in Wise County take a median of 86 days to sell, and the number for sale is +17.4% on a year ago. Buyers have room to negotiate; sellers should price carefully.

12-month outlook

−1% to +3% for the typical Big Stone Gap home value over the next 12 months.

A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.

Sources: Zillow Home Value Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Wise County as a whole.

See 22 Big Stone Gap agents Browse homes

Big Stone Gap market — questions answered

What is the typical home value in Big Stone Gap, VA?

$145,846 as of August 2026, +2% on a year earlier (Zillow Home Value Index).

Are home prices going up in Big Stone Gap, VA?

Yes — the typical home value changed +2% over the year to August 2026 and +31% over five years.

Is Big Stone Gap, VA a buyer's or seller's market?

It leans toward buyers: the median home in Wise County sells in 86 days (Realtor.com, August 2026).

How many homes are for sale in Big Stone Gap, VA?

108 homes were listed for sale across Wise County in August 2026 (Realtor.com).

Who are the best real estate agents in Big Stone Gap, VA?

Homegrity lists 22 licensed Big Stone Gap agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/big-stone-gap.

Nearby VA markets

Want a precise, personal read?

A local Big Stone Gap agent will run the numbers for your exact situation, free.

Talk to an agent