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Affordable
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These days, finding an affordable place to live in the Big Stone Gap area can be challenging. Home prices in Big Stone Gap are now at a median cost of $155,016, lower than the Virginia average of $443,089.
The average cost of rent is $823/mo in Big Stone Gap, primarily driven by the current value of real estate in the Big Stone Gap area. In Big Stone Gap, 32.69% of households rent, and 39.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Big Stone Gap is $4,468 per month. Households that rent pay about 18.42% of their income on rent here. Big Stone Gap’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Irondale, VA: equally priced homes
- Lower Exeter, VA: less expensive homes
- Oreton, VA: less expensive homes
- Appalachia, VA: less expensive homes
- Stonega, VA: less expensive homes
- Exeter, VA: less expensive homes
- Derby, VA: less expensive homes
- Cracker Neck, VA: less expensive homes
- Jasper, VA: equally priced homes
- Verdi, VA: less expensive homes
Cities with Similar Populations
- Toano, VA: higher priced homes
- Wellington, OH: higher priced homes
- Cheviot, OH: equally priced homes
- Lakeville, MA: higher priced homes
- Lamesa, TX: less expensive homes
- Clarence Center, NY: higher priced homes
- Clayton, NJ: higher priced homes
- Clear Lake, IA: higher priced homes
- Clearwater Beach, FL: higher priced homes
- Clint, TX: less expensive homes
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