Market Snapshot
Appalachia, Wise County, VA is a city market with a median home price of $51,158, a median monthly rent of $959, a GRM of 4.0x, and a price-to-rent ratio of 4.4.
Appalachia, Wise County, VA
Median Home Price Price
$51,158 $51.2K
Median Monthly Rent Rent
$959 $959
4.0x
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Comparable Markets
Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Wise
Within VA
No in-state alternatives are available for this market yet.
Investment mode
More markets to explore
High confidence
Price
$114.3K
Rent
$881
GRM
11.0x
High confidence
Price
$114.3K
Rent
$881
GRM
11.0x
High confidence
Price
$114.3K
Rent
$881
GRM
11.0x
No in-state alternatives are available for this market yet.
No in-state alternatives are available for this market yet.
No in-state alternatives are available for this market yet.
High confidence
High confidence
High confidence
High confidence
Price
$234.7K
Rent
$1.9K
GRM
10.0x
High confidence
High confidence
High confidence
High confidence
High confidence
Price
$48K
Rent
$1.1K
GRM
4.0x
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Home prices
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Monthly rent
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GRM = home price / annual rent
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No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
Show
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Appalachia
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Benchmark comparison
Rent in Appalachia, VA is 8.9% higher than Norton, VA.
Compare to
Norton, VA
Appalachia, VA
Norton, VA
Delta
Median rent
$959
$881
-$78
Median price
$51,158
$114,255
+$63,097
YoY change
+$15
+$18
+$3
Price-to-rent
4.4x
10.8x
+6.4x
Key takeaways
- Appalachia, Wise County, VA has a lower-grm screening profile: At 4.0x GRM, current rent may provide stronger support relative to price.
- Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
- Rent momentum is positive, with median rent up about $15 year over year.
- Rent in Appalachia, VA is 8.9% higher than Norton, VA.