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. Updated monthly.

Median Home Price

$123,198

-4.3% year-over-year

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Big Stone Gap Market Summary

Big Stone Gap, VA is experiencing a correction with -4.3% year-over-year decline, signaling a buyer's market with softening demand. Affordability remains favorable with a price-to-income ratio of 2.64x, 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 Ratio2.6x (national avg 4.8x)
Median Household Income$46,680

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

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.

Big Stone Gap Real Estate Market Data 2026 | Lotlytics | Lotlytics