Photo: KJPurscell · CC BY-SA 3.039 homes sold in Big Stone Gap in the last year, at a typical $174K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Big Stone Gap homes are listed.
Every place Big Stone Gap homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Big Stone Gap.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Big Stone Gap’s sales, at a typical $174K
39 homes sold in the year to May 2026.
typical sale · 39 sold in 12 months
- Per square foot
- $94VA $222
- Days to sell
- 155
- Sold over asking
- 3%
- Listings with a price cut
- 31%
About as many homes sell as usual, at 2.4 times the 2016 price
39 sales in the last year, against 48 in 2019 and a low of 25 in 2024. The typical sale went from $72K in 2016 to $174K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Big Stone Gap
Check a listing against what Big Stone Gap homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Big Stone Gap are back to pre-pandemic levels, with about as many homes for sale
We read every month of Big Stone Gap’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 39 sales.
If you’re buying in Big Stone Gap
- Shop in July. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (3% over asking).
- Offer under asking. Buyers paid 94.1% of the list price on average; 3% paid over.
- You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 155 days.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 4 a month), but April is the most competitive: 12% of April sales close over asking. June and July offer nearly as much choice with fewer homes bid up (5%). July has the least competition (3%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Virginia
| Big Stone Gap now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 3% | 4% | 3% | 31% |
| Gone within two weeksShare of homes under contract within 14 days | 25% | 4% | 5% | 43% |
| Listings with a price cutShare of homes for sale that cut their price | 31% | — | — | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 94.1% | 89.9% | 93.3% | 99.3% |
| Days to sellMedian days from listing to contract | 155 | 211 | 126 | 38 |
17 homes for sale on a typical day
That’s 1.7 times the 2024 low (10) and 11% fewer than in 2017–19.
1 in 3 listings has cut its price
31% in the last year, against — in 2017–19 and 25% across Virginia.
Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Big Stone Gap home costs about $998 a month
Price: Big Stone Gap’s typical sale, last 12 months. Property tax at Big Stone Gap’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Big Stone Gap is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $174K home, about $1,080 a year.
Taxes vs. neighborsSchools
The schools grade for Big Stone Gap, from test results, graduation and how much students grow.
Schools in Big Stone GapTypical commute
The average one-way trip to work for people who live in Big Stone Gap.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Norton sells for less a square foot; Gate City, Mount Carmel, Church Hill and Bloomingdale for far more
The busier markets within 25 miles of Big Stone Gap, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Bloomingdale | 122 | $221K | $156 | 22% | 52 |
| Church Hill | 93 | $269K | $162 | 23% | 54 |
| Mount Carmel | 86 | $248K | $166 | 28% | 73 |
| Big Stone Gap | 39 | $174K | $94 | 3% | 155 |
| Norton | 24 | $148K | $81 | 8% | 116 |
| Gate City | 22 | $235K | $131 | 32% | 88 |
| Wise | 20 | $169K | $111 | 25% | 143 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Big Stone Gap, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Big Stone Gap. People who follow the town see it, and so do people comparing Big Stone Gap with their own town. No commission, no listing fee.
Questions about buying a home in Big Stone Gap
What do homes sell for in Big Stone Gap, VA?
39 homes sold in the year to May 2026 at a typical $174K, $94 a square foot.
Is Big Stone Gap a buyer’s or seller’s market?
A seller’s market: 18 homes were for sale in May 2026 and 6 sold, about 3 months of supply. Buyers paid 94.1% of asking on average, and 31% of listings cut their price.
When is the best time to buy in Big Stone Gap?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Big Stone Gap?
About 0.6% of a home’s value a year. On a $174K home that’s near $1,080.
Where can I see homes for sale in Big Stone Gap?
Zillow, Redfin, Realtor.com and Homes.com all carry Big Stone Gap’s MLS listings; the search links above open each one filtered to Big Stone Gap.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).