Big Stone Gap, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Big Stone Gap short-term rental market based on reliable data.
Listings
29 / 67
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$17,026
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$137,044
Median Home Sale Price
Top Earners
$28,667
Top-Earners Revenue
Big Stone Gap
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Big Stone Gap.
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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.
Local STR Agent
STR specialist · Big Stone Gap, VA
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.