Market Snapshot
| Indicator | Value |
|---|---|
| Population | 16,610 ↓ 1.1% since 2020 |
| Median Household Income | $64,819 13% below national median |
| Median Home Value | $143,500 |
| Unemployment Rate | 2.3% |
| Median Age | 45.8 years |
| Housing Vacancy Rate | 18.6% |
| Median Price/Acre (All Land) | $5,334 |
| Total Recent Sales | 82 transactions |
| Active Listings | 21 properties |
| Avg Days on Market | 572 days |
Rural Land Market (1+ Acres)
| Metric | Value |
|---|---|
| Median Price/Acre | $3,850 |
| Recent Sales | 66 transactions |
| Avg Days on Market | 557 days |
| Avg Parcel Size | 64.30 acres |
| Active Listings | 15 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 14.60 | $85,000 | $5,822 | Pembroke |
| Feb 2026 | 11.26 | $85,000 | $7,549 | Narrows |
| Dec 2025 | 40.21 | $144,800 | $3,601 | Pearisburg |
| Nov 2025 | 37.00 | $145,000 | $3,919 | Pembroke |
| Nov 2025 | 37.00 | $145,000 | $3,919 | Pembroke |
| Nov 2025 | 11.60 | $55,000 | $4,741 | Newport |
| Oct 2025 | 34.31 | $95,000 | $2,769 | Pearisburg |
| Oct 2025 | 1.58 | $193,420 | $122,728 | Pembroke |
| Oct 2025 | 1.02 | $126,364 | $123,886 | Pembroke |
| Sep 2025 | 29.74 | $180,000 | $6,053 | Newport |
Suburban/Urban Land Market (Under 1 Acre)
| Metric | Value |
|---|---|
| Median Price/Acre | $36,370 |
| Recent Sales | 16 transactions |
| Avg Days on Market | 634 days |
| Avg Parcel Size | 0.50 acres |
| Active Listings | 6 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Feb 2026 | 0.73 | $19,950 | $27,366 | Pembroke |
| Oct 2025 | 0.61 | $92,000 | $150,820 | Pearisburg |
| Aug 2025 | 0.20 | $5,450 | $27,250 | Narrows |
| Jul 2025 | 0.37 | $24,000 | $64,865 | Pearisburg |
| Apr 2025 | 0.58 | $35,000 | $60,345 | Ripplemead |
| Mar 2025 | 0.97 | $18,900 | $19,485 | Pembroke |
| Dec 2024 | 0.50 | $5,000 | $10,000 | Narrows |
| Dec 2023 | 0.15 | $4,000 | $25,806 | Rich Creek |
| Oct 2023 | 0.78 | $28,000 | $35,897 | Pembroke |
| Sep 2023 | 0.32 | $20,000 | $62,500 | Pearisburg |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 16,610 |
| Population (2020) | 16,787 |
| Population Growth | -1.05% |
| Median Household Income | $64,819 |
| Median Home Value | $143,500 |
| Total Housing Units | 8,316 |
| Vacant Housing Units | 1,547 |
| Housing Vacancy Rate | 18.6% |
| Median Age | 45.8 |
| Bachelor's Degree or Higher | 1,151 (6.9%) |
| Unemployment Rate (BLS) | 3.3% |
Market Overview
Giles County, Virginia has a population of 16,610, which has declined 1.05% since 2020. The median household income is $64,819, below the national median of $74,580 by 13.1%. With a median home value of $143,500 and an unemployment rate of 3.3%, the local economy is moderate. The housing vacancy rate of 18.6% suggests soft market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $3,850 per acre, with properties averaging 64.30 acres. There are currently 21 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Giles County, Virginia?
As of the 2023 American Community Survey, Giles County has a population of 16,610. The county has declined 1.05% since the 2020 Census.
What is the median household income in Giles County?
The median household income in Giles County is $64,819, which is 13.1% below the national median of $74,580.
Is Giles County growing or shrinking?
Giles County is shrinking. The population has declined 1.05% since 2020.
What is the housing market like in Giles County?
The median home value in Giles County is $143,500. The housing vacancy rate is 18.6%, which suggests soft market conditions. The unemployment rate is 3.3%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $3,850 per acre. Suburban/urban lots under 1 acre have a median price of $36,370 per acre.
Does Reelvest buy land in Giles County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Giles County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.