60Alpha

Big Stone Gap, VA metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Big Stone Gap, VA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+14.356
Inventory Health25%
-12.732
Affordability20%
86
Economic Strength20%
No data
50
Rental Yield15%
89

Where is Big Stone Gap, VA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Big Stone Gap, VA metro area is classified as Growingstrengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Big Stone Gap, VA metro area housing market data

MetricValueYoY
Median Sale Price$209K▲ +50%
Median Days on Market123 days▲ +101.6%
Months of Supply8.2▲ +46.4%
Homes for Sale147▲ +18.6%
Homes Sold18-18.2%
Median Price / Sq Ft$103▲ +9.6%
Sale-to-List Ratio96.2%▲ +2.2%

How has Big Stone Gap, VA metro area’s Alpha Score moved?

Now: 60
3-period trend
Median sale price · 12 mo

Markets like Big Stone Gap, VA metro area

Frequently asked questions

Is Big Stone Gap, VA metro area a buyer's or seller's market?

As of May 2026, Big Stone Gap, VA metro area is classified as a Balanced Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Big Stone Gap, VA metro area?

The median sale price in Big Stone Gap, VA metro area is $209K, having risen 50% over the past year.

How affordable is Big Stone Gap, VA metro area?

Big Stone Gap, VA metro area scores 86 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Big Stone Gap, VA metro area's Alpha Score?

Big Stone Gap, VA metro area's strongest dimension is Rental Yield (89/100) and its weakest is Inventory Health (32/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Big Stone Gap, VA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.