Wise County, Virginia home prices
Typical home $135,234 · +0.9% in a year · property tax 0.58%
The typical home in Wise County is worth $135,234, 67% less than the Virginia typical home ($412,252). Values changed +0.9% in the past year and +26.3% over five years. Homeowners here pay a median 0.58% of their home's value in property tax each year ($790 on the typical home), versus 0.71% statewide.
Mortgage on the typical Wise County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $27,047 | $108,188 | $728 | $0 | $133 | $861 | $36,900 |
| 10% down | $13,523 | $121,711 | $819 | $51 | $133 | $1,003 | $43,000 |
| 5% down | $6,762 | $128,473 | $864 | $54 | $133 | $1,051 | $45,100 |
| 3.5% down (FHA) | $4,733 | $132,785 | $893 | $60 | $133 | $1,087 | $46,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.58% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Virginia · part of the Big Stone Gap metro area.
Virginia counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Danville City | $133,231 | -1.0% | 0.65% |
| Norton City | $130,808 | -4.7% | 0.73% |
| Henry County | $141,597 | -4.1% | 0.47% |
| Russell County | $143,358 | +3.8% | 0.48% |
| Lunenburg County | $143,388 | -1.3% | 0.39% |
| Tazewell County | $144,973 | +3.6% | 0.62% |
| Halifax County | $151,216 | +9.6% | 0.46% |
| Emporia City | $151,757 | +6.1% | 0.79% |
| Brunswick County | $152,538 | +6.0% | 0.57% |
| Lee County | $116,115 | +9.4% | 0.6% |
Frequently asked questions
What is the average home price in Wise County, VA?
The typical home value in Wise County is $135,234 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Wise County?
About $36,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Wise County?
The median effective rate is 0.58% of home value a year (Census ACS 2024 5-year estimates).