Big Stone Gap East: Housing & Real Estate
Big Stone Gap East's median home value is $168,100 (estimated market value runs 12% higher at $188,503), with median rent $870 (1.1× higher than Wise County median $790; 1.8× below Virginia median $1,579). Homeownership rate: 37.0%. That's 1.4× higher than the Wise County median ($118,600); 2.3× below the Virginia median ($383,700). Market is warm. Vacancy rate 5.6%. New construction makes up 12.6% of stock. A municipal building code is in effect.
- 8.0× annual income — home value vs. household income (vs Virginia 4.1×).
- 16.1 years to break even renting at the median (vs Virginia 19y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
Home Values & Rent
Median home value $168,100 — 0.4× the Virginia median ($382,500). Median rent $870/month. homeownership rate 37.0% — below the U.S. share of ~65%.
| Affordability · Home Price To Income | 8.0× |
|---|---|
| Affordability · Home Affordability | very expensive |
| Affordability · Rent Pct Income | 49.2% |
| Affordability · Rent Affordability | severely cost-burdened |
| Affordability · Pct Severely Rent Burdened | 56.9% |
| Affordability · Poverty Rate | 33.0% |
| Affordability · Property Tax Pct Income | 5.2% |
| Fair Market Rent · Studio rent | $692 (vs Virginia $1,492) |
| Fair Market Rent · One-bedroom rent | $697 (vs Virginia $1,512) |
| Fair Market Rent · Two-bedroom rent | $914 (vs Virginia $1,713) |
| Fair Market Rent · Three-bedroom rent | $1,205 (vs Virginia $2,376) |
| Fair Market Rent · Four-bedroom rent | $1,429 (vs Virginia $2,797) |
| Fair Market Rent · HUD FMR area | Wise County-Norton city, VA HUD Nonmetro FMR Area |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $188,503 |
| Median Home Value | $168,100 (vs Virginia $382,500) |
| Median Rent | $870 (vs Virginia $1,714) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 5.6% |
| Housing Market · New construction (% of stock) | 12.6% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Virginia median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Virginia median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 100.0% (vs Virginia 49.4%) |
| Broadband · Broadband-capable premises | 410 |
| Electricity · Electricity rate (¢/kWh) | 14.41¢/kWh |
| Electricity · Customers | 3654481 |
| Electricity · Revenue Millions | $6,524 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Virginia median) |
| Mobile Broadband · 5G mobile coverage | 0.846153846 (vs Virginia 100.0%) |
| Mobile Home Parks Detail · County total | 16 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Other
| Homeownership Rate | 37.0% (vs Virginia 64.4%) |
|---|---|
| Median Year Built | 1987 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12