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Bankruptcy Homes in Wise, VA

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Wise, VA Foreclosures

How much do homes sell for in Wise, VA?
The average home price is currently $190,214.
In Wise, VA, how many homes are available?
There are currently 4 active home listings available in Wise.
What’s the average rental cost in Wise, VA?
The average rental price in Wise is $1,001.
What is the most expensive home in Wise?
The most expensive home sold in Wise had a price of $6,868,390.
What is currently the cheapest priced home in Wise, VA?
The cheapest home for sale in Wise is priced at $8,321.

Living in Wise, VA

Wise, VA is a picturesque small town in the heart of the Appalachian Mountains, offering off-the-beaten-path charm and a strong sense of community. Known for its beautiful outdoor environment, residents enjoy hiking, fishing, and a tranquil pace of life. With local amenities and a welcoming atmosphere, Wise is an ideal location for those seeking nature and community.

Current Market Conditions in Wise, VA

The real estate market in Wise, VA has seen a steady increase in demand over the past year, particularly among buyers looking for affordable housing in a serene environment. The affordable nature of properties in the area attracts first-time home buyers and retirees, leading to a healthy turnover of homes. Developers are also beginning to take interest due to the natural attractions and big city amenities in nearby regions.

Current trends indicate a favorable market for sellers, with prices trending upward as buyers recognize the value of the lifestyle offered in Wise. Properties with unique features or those near recreational sites tend to sell quickly, creating a competitive landscape.

Home Value Estimator For Wise, VA

There are currently 3,003 real estate properties in Wise, VA, with a median automated valuation model (AVM) price of $155,996.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wise, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wise, VA, is $190,214.00, with the most expensive house in Wise, VA, topping out at $6,868,390.00 and the cheapest home in Wise, VA, clocking in at $8,321.00. In other words, there’s something for every potential homebuyer or savvy investor in Wise, VA!

Rent Prices In Wise, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wise, VA, is on a rollercoaster ride. The average rent price in Wise, VA, is $1,001.00. Indeed, when looking to rent in Wise, VA, you can expect to pay as little as $470.00 or as much as $2,660.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Wise, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wise, VA Bankruptcy Homes

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