Wise, Wise County, VA

Median Home Price Price

$177,864 $177.9K

Median Monthly Rent Rent

$979 $979

15.0x

Market Snapshot

Wise, Wise County, VA is a city market with a median home price of $177,864, a median monthly rent of $979, a GRM of 15.0x, and a price-to-rent ratio of 15.1.

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Explore the data

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

Monthly rent

GRM = home price / annual rent

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

Monthly rent

GRM = home price / annual rent

Region Show
$189K $701 22.0x
$160K $726 18.0x

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

Monthly rent

GRM = home price / annual rent

Similar markets map

Wise

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Benchmark comparison

Rent in Wise, VA is 39.7% higher than New Waterford, OH.

Wise, VA
New Waterford, OH
Delta
Median rent
$979
$701
-$278
Median price
$177,864
$189,099
+$11,235
YoY change
+$73
+$40
-$33
Price-to-rent
15.1x
22.5x
+7.4x

Key takeaways

  • Wise, Wise County, VA has a middle-grm screening profile: At 15.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $73 year over year.
  • Rent in Wise, VA is 39.7% higher than New Waterford, OH.