Is Wise, VA 24293 a buyer’s or seller’s market?

The Wise housing market right now

In the three months ending August 31, 2026, 11% of homes in Wise, VA 24293 sold above their list price, the typical home went under contract in 79 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 20 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (71 days then) and the median sale price held steady to $145,437. Overall, Wise is less competitive than a year ago, which gives buyers more room.

Within Wise County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Wise ranks #350 of 358 VA ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at Saint Paul 24283 (0% sold over asking) or Pound 24279 (0% sold over asking), while Coeburn 24230 (18% sold over asking) is even more competitive.