76431 Home Values

76431 fans out from the small town of Chico into the rolling ranch land and lake coves of northwest Wise County. Older brick homes on oversized lots inside Chico proper, scattered barndominiums and manufactured homes on ten-plus-acre tracts, and a cluster of higher-end waterfront customs in gated communities like North Star Pointe and Grand Harbor.

This is a slow, buyer-friendly market with over fifteen months of supply and less than a hundred sales. The low transaction volume means a single waterfront sale can swing the median. Buyers are taking their time, negotiating hard, and often landing seller concessions.

With this few transactions, your pricing has to be surgical. Sellers on acreage should highlight ag exemptions, well capacity, and fencing condition. If you're competing with new construction, focus on what a new build can't offer: mature trees, established landscaping, and a finished shop.