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Big Stone Gap, VA
Full City Profile · Virginia · Norton city County
2.9
/5.0
C+
Fair
5,193
Population
1,082/sq mi density
$51,059
Median Income
$21,768 per capita
$169,900
Home Value
$138,554 Zillow
$823
Median Rent
19.6% income on rent
55°F
Avg Temperature
299 sunny days/yr
77
Violent Crime/100K
1,625 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$51,059 median income, 2.7% unemployment
A+
Affordability
4.8 / 5.0
$169,900 home value, $823/mo rent
F
Safety
1.0 / 5.0
77 violent crimes/100K
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher
Housing Overview
Median Home Value
$169,900
40% below
US avg: $281,900
Median Rent
$823/mo
29% below
US avg: $1,163/mo
Homeownership Rate
62.0%
5% below US avg (65.4%)
Total Housing Units
1,872
Median year built: 1975
Home Value by Source
Census Median
$169,900
Zillow (ZHVI)
$138,554
Median Sale Price
$182,000
Median List Price
$254,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.0%
Owner-Occupied
38.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$823/mo
Market Indicators (Redfin)
Median Days on Market
205 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
17.7%
of listings with price reduction
Price Per Sq Ft
$93
Active Inventory
17
homes for sale
Affordability & Housing Stock
Rent Burden
19.6%
of renters spending 30%+ of income on housing
37% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
62.0%
Complete Housing Data
Home Values
| Census Median Value | $169,900 |
| Zillow Home Value (ZHVI) | $138,554 |
| Median Sale Price | $182,000 |
| Median List Price | $254,500 |
| Price Per Sq Ft | $93 |
Rent
| Census Median Rent | $823 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 205 |
| Sale-to-List Ratio | 0.8% |
| Price Drops | 17.7% |
| Homes Sold | 1 |
| Active Inventory | 17 |
| Price Per Sq Ft | $93 |
Ownership & Stock
| Owner-Occupied | 62.0% |
| Renter-Occupied | 38.0% |
| Homeownership Rate | 62.0% |
| Total Housing Units | 1,872 |
| Median Year Built | 1975 |
| Rent Burden | 19.6% |