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Short Sale Listings in Wise, VA

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Living in Wise, VA

Wise, VA, is a quaint town surrounded by the beautiful Appalachian Mountains, offering a peaceful lifestyle with picturesque views. Residents enjoy access to outdoor activities and a close-knit community, making it an ideal place for families and those seeking a slower pace of life.

Current Market Conditions in Wise, VA

The real estate market in Wise, VA, has been relatively stable over the past few months. Prices have shown slight growth as demand increases for affordable housing in smaller towns. More families and retirees are looking to relocate from urban areas to enjoy a quieter lifestyle, which is positively impacting the local market.

Home Value Estimator For Wise, VA

There are currently 2,929 real estate properties in Wise, VA, with a median automated valuation model (AVM) price of $164,264.00. 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 $193,517.00, with the most expensive house in Wise, VA, topping out at $8,045,573.00 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 Short Sale Listings


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