Giles County, Virginia Housing Market
In Giles County, Virginia, the median home value is $151,100, with a median monthly rent of $789. This places Giles County at #2215 nationally out of 3134 counties by median home value, and #113 within Virginia.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,071
- Establishments: 405
- BLS QCEW, 2025
Housing Supply
- Single-family: 23
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 6,632 (avg $62,565)
- Outflow: 6,269 (avg $62,925)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Giles County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 24134 | 255.2 | +9.74% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
How Giles County Compares
| Metric | Giles County | Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $151,100 | $295,807 | $227,706 |
| Median Gross Rent | $789 | $1,169 | $968 |
| Owner Occupancy Rate | 78.9% | 70.8% | 73.3% |
| Price/Rent Ratio | 16.0 | 20.3 | 18.7 |
Market Analysis
The median home value in Giles County is 48.9% below the Virginia state average and 33.6% below the U.S. national average. The median rent of $789/month is 32.5% below the state average.
With a price-to-rent ratio of 16.0, the buy-vs-rent decision in Giles County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Giles County has an owner-occupancy rate of 78.9%, compared to 70.8% in Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Hot Spring County | Arkansas | $151,100 | $768 |
| Ford County | Kansas | $151,100 | $1,010 |
| Parke County | Indiana | $151,200 | $704 |
| Benton County | Indiana | $151,000 | $774 |
| Fillmore County | Nebraska | $151,000 | $716 |
Other Counties in Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Grayson County | $150,100 | $765 | 80.4% |
| Lunenburg County | $150,100 | $742 | 71.5% |
| Bland County | $152,100 | $644 | 86.5% |
| Patrick County | $153,400 | $716 | 76.9% |
| Emporia city | $148,500 | $1,037 | 38.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).