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Preforeclosure 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 $188,756.
In Wise, VA, how many homes are available?
There are currently 2 active home listings available in Wise.
What’s the average rental cost in Wise, VA?
The average rental price in Wise is $1,000.
What is the most expensive home in Wise?
The most expensive home sold in Wise had a price of $6,949,325.
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, Virginia is a tranquil town nestled in the Appalachian Mountains, known for its beautiful landscapes and strong sense of community. With a rich history in coal mining, the area offers a blend of outdoor activities and small-town charm. Residents enjoy access to various amenities, making it an appealing place for families and retirees alike.

Current Market Conditions in Wise, VA

The real estate market in Wise, VA is stable, with home values appreciating steadily over the past few years. As a quiet rural community, Wise appeals to buyers looking for affordable housing options and a peaceful lifestyle.

The demand for homes in Wise is increasing, particularly among retirees and families seeking a close-knit community atmosphere. With its picturesque surroundings and appealing amenities, the market is expected to remain competitive time.

New developments and renovations are being noticed as investors recognize the potential of Wise. Recent trends indicate a slow yet consistent rise in property values, reflecting a growing interest in the area's residential opportunities.

Home Value Estimator For Wise, VA

There are currently 2,932 real estate properties in Wise, VA, with a median automated valuation model (AVM) price of $158,980.00. 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 $188,756.00, with the most expensive house in Wise, VA, topping out at $6,949,325.00 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 $1,000.00. 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 Preforeclosure Homes


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