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Wise County Courthouse - Front ViewPhoto: Skye Marthaler · CC BY-SA 3.0
Housing in Wise

20 homes sold in Wise in the last year, at a typical $169K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Wise homes are listed.

Homes sold
20
June 2025 to May 2026
Typical sale price
$169K
median, weighted by sales
Price per square foot
$111
Virginia $237
Paid vs. asking
95.5%
25% sold over asking
For sale now
18
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Wise’s sales, at a typical $169K

20 homes sold in the year to May 2026.

Houses$169K

typical sale · 20 sold in 12 months

Per square foot
$111VA $222
Days to sell
143
Sold over asking
25%
Listings with a price cut
31%
10 years of sales

Fewer homes sell than before 2023, at 1.3 times the 2016 price

20 sales in the last year, against 39 in 2022 and a low of 18 in 2016. The typical sale went from $127K in 2016 to $169K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2016: 18 sold, typical $127K’162017: 23 sold, typical $137K2018: 30 sold, typical $103K’182019: 30 sold, typical $100K2020: 24 sold, typical $164K’202021: 37 sold, typical $180K2022: 39 sold, typical $171K’222023: 27 sold, typical $182K2024: 28 sold, typical $156K’242025: 24 sold, typical $185KLast 12 months: 20 sold, typical $169KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Wise

Houseat $111 a sq ft
The same money in Virginiaat $222 a sq ft

Is this asking price fair?

Check a listing against what Wise 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.

Rent or buy?

Owning the typical Wise home costs about $973 a month

Mortgage
Property tax
Insurance
Rent

Price: Wise’s typical sale, last 12 months. Property tax at Wise’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Wise is affordable on local pay is on Cost of living.

Before you buy in Wise

Five things worth knowing

0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $169K home, about $1,090 a year.

Taxes vs. neighbors
A+

Schools

The schools grade for Wise, from test results, graduation and how much students grow.

Schools in Wise
20 min

Typical commute

The average one-way trip to work for people who live in Wise.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Norton and Big Stone Gap sell for less a square foot

The busier markets within 25 miles of Wise, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Big Stone Gap39$174K$943%155
Norton24$148K$818%116
Gate City22$235K$13132%88
Wise20$169K$11125%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.

Selling, or renting out?

Post your home to Wise, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Wise. People who follow the town see it, and so do people comparing Wise with their own town. No commission, no listing fee.

Questions about buying a home in Wise

What do homes sell for in Wise, VA?

20 homes sold in the year to May 2026 at a typical $169K, $111 a square foot.

Is Wise a buyer’s or seller’s market?

A buyer’s market: 18 homes were for sale in May 2026 and 1 sold, about 18 months of supply. Buyers paid 95.5% of asking on average, and 31% of listings cut their price.

How much are property taxes in Wise?

About 0.7% of a home’s value a year. On a $169K home that’s near $1,090.

Where can I see homes for sale in Wise?

Zillow, Redfin, Realtor.com and Homes.com all carry Wise’s MLS listings; the search links above open each one filtered to Wise.

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).