Markets/Virginia/Big Stone Gap

Big Stone Gap, VA Real Estate Market 2026

Investor-grade market analytics for Big Stone Gap, Virginia. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$132,740

+1.4% year-over-year

12-Month Forecast

+1.4%

base case (Zillow ZHVF)

+1.4% year-over-year

Climate Risk

18/100

Very Low

Market Momentum

๐ŸงŠ
Cold
8.2mo supply ยท Score -4/7

Net migration: Bottom 45% nationally

Income Migration

โžก๏ธ Neutral0.91x

In-migrants avg $37,585 AGI vs out-migrants $41,436

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Opportunity Zone Market

6 ZIP codes in Big Stone Gap are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more โ†’

Big Stone Gap Market Summary

Big Stone Gap, VA is in a stabilization phase with 1.4% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 2.84x, below the national average of 4.8x. Climate risk remains low (18/100), favorable for long-term investment stability.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.8x (national avg 4.8x)
Median Household Income$46,680

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+0.7%
Base Case+1.4%
Bull Case+2.1%

Climate & Natural Hazard Risk

Big Stone Gap, VA's primary climate exposure is wind storms (30/100). The composite climate risk score of 18/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Big Stone Gap dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.