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Sarah Mitchell

CNESRESABR

Compass Real Estate · Hiwassee, VA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Hiwassee, VA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Hiwassee, VA Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$385,000median sale price

How is the Hiwassee, VA housing market right now?

The median home sale price in Hiwassee, VA is $385,000. Homes sell in an average of 126 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Hiwassee a buyer's or seller's market?

Buyer's market126 avg. days on market

Hiwassee, VA is currently a buyer's market and homes selling in about 126 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

126

Average pace

Active listings

Sale-to-list

89.5%

Below asking

What does the Hiwassee housing market data show?

Current housing market statistics for Hiwassee, VA
MetricValue
Median sale price$385,000
Average days on market126 days
Sale-to-list price ratio89.5%
Median price per sq ft$255/sq ft
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Hiwassee by property type?

How the Hiwassee, VA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Hiwassee, VA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$385,000$255/sq ft1126 days
Condo / Co-op$398,200$177/sq ft1

Source: Redfin · Updated monthly

The Hiwassee housing market is currently classified as a buyer's market with a median sale price of $385,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 126 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.4x provides context for how home values compare to local earning capacity.

Homes for sale in Hiwassee

Explore homes currently listed for sale in Hiwassee, Virginia across major real estate platforms.

Sale-to-list:89.5%

Who lives in Hiwassee?

Population

83

Median income

$67,788/yr

Median age

59.8 years

Owner-occupied

100.0%

Source: U.S. Census Bureau ACS

What are homes worth in Hiwassee?

Zillow home value

$231,877

Price-to-income

3.4x

Source: Zillow Research

What is it like to live in Hiwassee?

Hiwassee is a community of approximately 0K residents with a median age of 59.8 years.The median household income is $67,788, which represents a working-class community with solid middle-income opportunities.0

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Hiwassee offers a distinctive character that appeals to different lifestyle preferences.

Which public schools serve Hiwassee?

1 schools tracked · 213 students

The largest public schools serving Hiwassee, VA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Snowville Elementary

Grades PK-5 · 213 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Hiwassee, VA?

Want a head-to-head view? Compare Hiwassee side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Hiwassee?

The median home sale price in Hiwassee is $385,000, down 0.0% from last year.

How long do homes stay on market in Hiwassee?

Homes typically spend 126 days on market before going under contract.

What is the median income in Hiwassee?

The median household income is $67,788 per year.

What is the Zillow home value estimate for Hiwassee?

The Zillow Home Value Index (ZHVI) for Hiwassee is $231,877, representing the typical home value in the area.

What is the median condo price in Hiwassee?

The median condo/co-op sale price in Hiwassee, VA is $398,200, compared to $385,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Hiwassee?

The median single-family home price in Hiwassee, VA is $385,000 (about $255 per square foot).

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