Market Snapshot
Report generated March 2026
| 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% |
| Total Land Sales (Past 12 Months) | 26 transactions |
| Active Listings | 21 properties |
| Avg Days on Market | 572 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $4,846 |
| Recent Sales | 24 transactions |
| Avg Days on Market | 211 days |
| Avg Parcel Size | 31.65 acres |
| Active Listings | 15 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 14.60 | $85,000 | $5,822 | 0 Dry Branch Rd | Pembroke |
| Feb 2026 | 11.26 | $85,000 | $7,549 | 113 Verna Ln | Narrows |
| Dec 2025 | 40.21 | $144,800 | $3,601 | Tbd Riverbend Dr | Pearisburg |
| Nov 2025 | 37.00 | $145,000 | $3,919 | Dry Branch Rd | Pembroke |
| Nov 2025 | 37.00 | $145,000 | $3,919 | Dry Branch Rd Lot 0 | Pembroke |
| Nov 2025 | 11.60 | $55,000 | $4,741 | Virginia Ave | Newport |
| Oct 2025 | 34.31 | $95,000 | $2,769 | 0 Ravens Ridge Rd Lot H | Pearisburg |
| Oct 2025 | 1.58 | $193,420 | $122,728 | 652 Caboose Ln | Pembroke |
| Oct 2025 | 1.02 | $126,364 | $123,886 | 650 Caboose Ln | Pembroke |
| Sep 2025 | 29.74 | $180,000 | $6,053 | 0 Blue Grass Trl | Newport |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Sep 2025 | 62.17 | $235,000 | $3,780 | N Lot G Springdale Rd N | Pearisburg |
| Sep 2025 | 62.17 | $235,000 | $3,780 | LOT Springdale Rd #G | Pearisburg |
| Aug 2025 | 4.53 | $75,500 | $16,685 | Tbd Curve Rd | Pearisburg |
| Aug 2025 | 19.01 | $42,000 | $2,209 | 0 Mountain Lake Rd | Newport |
| Jul 2025 | 82.54 | $400,000 | $4,846 | Undisclosed Rd | Pembroke |
| Jun 2025 | 145.00 | $596,379 | $4,113 | Rye Hollow Rd | Pearisburg |
| May 2025 | 30.34 | $185,000 | $6,098 | 1551 Springdale Rd | Pearisburg |
| May 2025 | 30.34 | $185,000 | $6,097 | 1551 SW Springdale Rd | Pearisburg |
| May 2025 | 24.30 | $71,000 | $2,922 | 2414 Mountain Lake Rd | Newport |
| Apr 2025 | 72.15 | $230,000 | $3,188 | Mountain Field Rd | Pearisburg |
| Apr 2025 | 1.83 | $18,900 | $10,328 | LOT 67 Horseshoe Farm Rd | Pembroke |
| Apr 2025 | 1.80 | $35,000 | $19,444 | Lots 64 And 65 Horseshoe Farm Rd | Pembroke |
| Mar 2025 | 3.99 | $11,000 | $2,757 | Tbd Rocky Hollow Rd | Pembroke |
| Mar 2025 | 1.01 | $18,900 | $18,713 | LOT 63 Horseshoe Farm Rd | Pembroke |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $92,000 |
| Recent Sales | 2 transactions |
| Avg Days on Market | 94 days |
| Avg Parcel Size | 0.67 acres |
| Active Listings | 6 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.73 | $19,950 | 0 Doe Creek Rd | Pembroke |
| Oct 2025 | 0.61 | $92,000 | 3 Wenonah Ave | 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 lot price of $22,062.
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.