Wise, VA Housing Market

The Wise housing market is not very competitive. The median sale price of a home in Wise was $73K last month, down 67.3% since last year. The median sale price per square foot in Wise is $72, down 44.0% since last year.

Trends
Demand
Migration
Schools
Climate

Wise Housing Market Trends

What is the housing market like in Wise today?

In October 2024, Wise home prices were down 67.3% compared to last year, selling for a median price of $73K.

$230K

Sale Price

+15.6%
since last year

$72

Sale $/Sq. Ft.

-44.0%
since last year

Under List Price

10.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Wise and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Wise add value to a home.

How hot is the Wise housing market?

Wise is not very competitive. Homes sell in 70 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 10% below list price and go pending in around 70 days.
Hot homes
can sell for about 3% below list price and go pending in around 40 days.

Compare With Nearby Cities

Big Stone Gap

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 62 days.
Hot homes
can sell for about 2% below list price and go pending in around 42 days.

See more nearby cities and neighborhoods

Wise Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Wise that sold recently

Recently sold homes

SOLD DEC 11, 2024
$200,000 Last Sold Price
3 beds
2 baths
1,512 sq ft
5486 Airport Rd, Wise, VA 24293
List Price
$205,000
Sale to List
2% under list
Days on Market
71 days
5486 Airport Rd, Wise, VA 24293
SOLD DEC 6, 2024
$65,000 Last Sold Price
4 beds
2 baths
1,742 sq ft
7737 Birchfield Rd, Wise, VA 24293
List Price
$99,000
Sale to List
34% under list
Days on Market
178 days
7737 Birchfield Rd, Wise, VA 24293
SOLD DEC 6, 2024
$234,000 Last Sold Price
3 beds
2 baths
1,946 sq ft
612 Orchard Ln, Wise, VA 24293
List Price
$259,000
Sale to List
10% under list
Days on Market
98 days
612 Orchard Ln, Wise, VA 24293
SOLD DEC 4, 2024
$259,000 Last Sold Price
4 beds
2 baths
2,469 sq ft
9824-9826 Coeburn Mountain Rd, Wise, VA 24293
List Price
$259,900
Sale to List
0% under list
Days on Market
152 days
9824-9826 Coeburn Mountain Rd, Wise, VA 24293
SOLD NOV 27, 2024
$215,000 Last Sold Price
3 beds
2 baths
1,521 sq ft
6406 Black Oak St, Wise, VA 24293
List Price
$215,000
Sale to List
0% over list
Days on Market
56 days
6406 Black Oak St, Wise, VA 24293
SOLD NOV 20, 2024
$72,000 Last Sold Price
2 beds
1 bath
1,008 sq ft
214 Spring Ave, Wise, VA 24293
List Price
$90,000
Sale to List
20% under list
Days on Market
44 days
214 Spring Ave, Wise, VA 24293
SOLD NOV 20, 2024
$43,000 Last Sold Price
2 beds
2 baths
1,978 sq ft
7231 Rocky Fork Rd, Wise, VA 24293
List Price
$43,000
Sale to List
0% over list
Days on Market
132 days
7231 Rocky Fork Rd, Wise, VA 24293
SOLD NOV 19, 2024
$1,250,000
10 beds
4 baths
3,808 sq ft
5616 Midsouth Rd, Wise, VA 24293
List Price
—
Sale to List
—
Days on Market
—
5616 Midsouth Rd, Wise, VA 24293
See all recently sold homes in Wise.
See listings

Schools in Wise

Learn about schools in the Wise area

Elementary
Middle
High

GreatSchools Rating

8/10 L.F. Addington Middle School Public • 5-8	493 Students	N/A
7/10 Wise Primary School Public • PreK-4	569 Students	3 reviews
NR Wise Co. Alternative Ed. Center Public • N/A	- Students	N/A
NR Wise County Career-Technical Center Public • N/A	- Students	N/A
NR Regional Learning Academy/wise County Public • N/A	- Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Wise housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Wise.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

92% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Wise

New Listings in Wise

Nearby City Housing Markets

Zip Code Housing Markets

Nearby City Listings

Zip Code Listings

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Become a Lender Partner

Subsidiaries

Rent.

ApartmentGuide

Bay Equity Home Loans

Title Forward

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.