Big Stone Gap, VA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Big Stone Gap short-term rental market based on reliable data.

Listings

35 / 65

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$16,749

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$138,554

Median Home Sale Price

Top Earners

$30,020

Top-Earners Revenue

Big Stone Gap

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Big Stone Gap.

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C

Challenging to Investors

Big Stone Gap Regulations

STRs are allowed under Virginia law, but Big Stone Gap has no published local STR ordinance, forcing reliance on vague general steps (zoning verification, business license, safety inspections, sales and transient taxes). Unclear zoning clarity, unknown fees, and the need to contact officials add uncertainty, moderate costs, and risk of shifting rules, making this a challenging environment for investors.

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About Big Stone Gap

Big Stone Gap is a town in Wise County, Virginia, United States. The town was economically centered around the coal industry for much of its early development. The population was 5,254 at the 2020 census.

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