Wise, VA Real Estate
According to census data in the year 2000 there were 1,572 housing units in Wise.
This represents a 10.8% growth from 1,419 in 1990.
Of those housing units, 1,409 were located in either urbanized areas or urban clusters, and 163 were located in what is classified as a rural area.
Homeownership rate in Wise is about 65.9%.
Wise's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Wise were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 11% |
| Two Bedrooms | 33.20% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 10.50% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $81,700 |
| Median Price asked for vacant units | $40,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $329 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.70% |
| Home Equity Loan | 8% |
| Simple Mortgage | 41.70% |
| Debt Free | 47.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
