The housing market in Pearisburg, VA is strong, with the median value of homes at $188,400 compared to the US house median value of $338,100. This represents a 15.80% 1 year appreciation rate, which is significantly higher than the US 1 year house appreciation rate of 8.27%. The increasing appreciation rate shows that many people are investing in this area and making it a prime location for potential homeowners. With this potential for growth and investment stability, Pearisburg residents can be sure their home values will stay strong over time.
The median home cost in Pearisburg is $188,400. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Pearisburg is up 15.8%.
Average Age of Homes
- The median age of Pearisburg real estate is 53 years old
The Rental Market in Pearisburg
- Renters make up 23.2% of the Pearisburg population
- 12.2% of houses and apartments in Pearisburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.