The Unshakable Investor

Unshakable ZIP Data 24216 | Appalachia, VA Housing Market

Appalachia · Wise County · Big Stone Gap, VA metro · Virginia · Data updated June 19, 2026

The median sale price in ZIP 24216, Appalachia, Virginia is $50,735 at $57 per square foot. 6 single-family homes sold in the latest period, up 54.4 percent from a year earlier. Homes sit a median of 52 days on market with 11.2 months of supply. Sellers are getting 94.8 percent of list price and 16.7 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$52,689
Average price per sq ft$59
Median sale price$50,735
Median sale price per sq ft$57
Median home size897 sq ft
Median new listing price$44,619-17.4%
National size rank17,376

Sales activity

MetricValueYear over year
Homes sold6+54.4%
Median days on market52 days
Months of supply11.2 months
New listings19+92.9%
Active listings25+40.7%
Pending sales5+68.9%

Pricing power

MetricValueYear over year
Average sale-to-list ratio94.8%+3.1 pts
Share sold above list16.7%+16.7 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$42,841
3-bedroom
$58,276

These figures describe the single-family market for Appalachia, Virginia ZIP 24216. They are market context, not a substitute for sold comps or a formal appraisal.