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Pearisburg

Pearisburg

Located in Giles County

$221,435 Average Value
$192 Average Price per Sq Ft
1 Home For Sale

Growth and tranquility coexist in this Blue Ridge town

Nestled along the New River in the Blue Ridge Mountains, Pearisburg blends a location amidst southwest Virginia’s natural beauty and outdoor recreation with access to the diverse and bustling community of nearby Blacksburg, home of Virginia Tech. “The main draw to Pearisburg is the peaceful setting and proximity to the university, which drives pretty much the entirety of the New River Valley,” says local Realtor Dwight Atkinson of Nest Realty SWVA, who grew up in the region. The town is anchored by its small downtown strip of shops and eateries showcasing Appalachian character, while direct access to the New River and the Appalachian Trail offers abundant outdoor recreation for residents and locals. Atkinson describes Pearisburg as an emerging town. “The town has grown significantly, but it doesn’t feel like it because it’s spread out, so they’re able to absorb a lot of people. But Pearisburg still maintains a quiet, small-town feel to it,” says Atkinson.

Lower taxes and sticker prices attract buyers to Pearisburg

Lower asking prices for real estate are another draw to the area, Atkinson says. “You get more square footage for your dollar here compared to Blacksburg,” he says, adding that Blacksburg prices are comparable to vacation towns like Oak Island, North Carolina. “And we have lower taxes than Montgomery County.” Home prices can typically range from $100,000 to $560,000, though fixer-uppers may sell for less. Architecture also ranges; traditional styles include Cape Cods, ranch- and colonial-style homes. Larger styles often have heavy farmhouse influences and rambling layouts.

Above average academics and education in Giles County

Giles County Public Schools serve school-aged children in Pearisburg. The district earns a B overall rating from Niche. Kids can start their education at Macy McClaugherty Elementary School, which serves prekindergarten through seventh grade. Giles High School teaches about 550 students from eighth through 12th grades. Both earn B-minus grades from Niche. Home of the Spartans, GHS has above-average ratings for its sports programs, college preparation and academics. While Virginia Tech—lauded for its high-performing engineering program—is a primary employer for the area, the region also attracts a large body of those attending the university, ranging from undergraduate to doctoral students.

River access and hiking trails offer year-round outdoor fun

Proximity to the New River and Appalachian Trail gives residents and locals abundant opportunities for outdoor recreation. The New River Water Trail offers easy access to the water for tubing, fishing and swimming. Boat ramps along the river allow canoers and kayakers to launch their vessels. Whitt Riverbend Park’s paved walkway hugs the riverside, providing water views and perches for fishing. Boat landings and campsites also dot the 28-acre park. Hikers tackling the Appalachian Trail frequently stop over in Pearisburg, as their trek passes through the town. A popular hiking destination is Angel’s Rest, a short yet treacherous hiking trail. The steep climb results in a 1,600-foot elevation gain and a summit offering picturesque vistas of the New River and valley.

Downtown shops and eateries reflect Pearisburg’s local charm

Pearisburg’s downtown district comprises shops, offices and restaurants clustered around the intersection of Wenonah Avenue and Main Street. Small-town eateries include Sugar and Flour coffee shop and The Happy Hog, which serves American classics and diner favorites in a rustic, wooden atmosphere. “They have the best smash burger I’ve ever had,” Atkinson says. “There are lots of hidden little gems in Pearisburg.” Shops include Pearis Mercantile, a gift shop brimming with Appalachian character. The town also has a handful of fast-food chains for casual options. Walmart and Food Lion provide groceries and other essentials, while additional shopping options are located nearby in Blacksburg and Christiansburg.

Route 460 offers a quick commute to Blacksburg and West Virginia

Route 460 connects Pearisburg directly to Blacksburg, 24 miles east. “Big cities have a longer commute with tons of traffic, but here, you get on 460 and go on cruise control and you’re in Blacksburg in 20 minutes,” Atkinson says. The thoroughfare also links drivers to West Virginia; Pearisburg sits only a few miles from the state border. The closest airport is the Roanoke-Blacksburg Regional Airport, about 65 miles away. Carilion Giles Community Hospital is also centrally located in Pearisburg.

Christina von Claparede-Crola
Written By
Christina von Claparede-Crola

Interested in learning more about homes in this area? Reach out to Dwight Atkinson, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Pearisburg Housing Trends

Housing Trends

Median List Price
$299,900
Median Sale Price
$282,050
Median Single Family Sale Price
$344,900
Median Change From 1st List Price
2%
Last 12 months Home Sales
30
Median Home Sale Price YoY Change
41%
Average Price Per Sq Ft
$192

Neighborhood Facts

Number of Homes in Neighborhood
957
Number of Homes for Sale
1
Median Year Built
1955
Months of Supply
0.40
Average Single Family Home Size Sq Ft
1,555
Below the national average
1,924
Average Townhouse Size Sq Ft
1,552
Median Lot Size Sq Ft
17,424

Open Houses

  • TBD Walkers Creek Valley Rd, Pearisburg, VA 24134

    $96,000

    • TBD Walkers Creek Valley Rd

    Discover the tranquil beauty of rural living with this sprawling 9.15-acre parcel nestled along Walkers Creek Valley Road in Pearisburg, Virginia. Encompassed by the stunning landscapes of the Appalachian region, this expansive tract of land offers a rare opportunity to craft your own countryside retreat or investment venture. Immerse yourself in the picturesque vistas of Virginia's countryside,

    Agent Photo
    Dwight Atkinson
    Nest Realty SWVA
    (540) 503-4614
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  • 607 Bear Springs Rd, Pearisburg, VA 24134

    $215,000

    • 3 Beds
    • 2 Baths
    • 2,154 Sq Ft
    • 607 Bear Springs Rd
    • New 14 days ago

    Nestled on 2.25 acres of serene countryside, this 2154 sq ft stone house offers a unique opportunity. Featuring 3 BR and 2 BA, hardwood floors, and abundant cabinetry, this home exudes charm. With a new roof and 6 Mini split units ensuring year-round comfort, it also boasts a spacious den for relaxation. The full unfinished basement with plumbing for extra BA, promises additional potential. Ideal

    Agent Photo
    Melissa Weddle
    Oak & Stone Realty
    (540) 737-8829
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  • 1515 Cabot Dr, Pearisburg, VA 24134

    $290,000

    • 3 Beds
    • 3 Baths
    • 1,862 Sq Ft
    • 1515 Cabot Dr
    • New 3 days ago

    Step into this beautifully updated 3-BR, 3 BA Cape Cod-style home, offering 1862 sq.ft. of comfort & convenience in a desirable in-town location. Sitting on a spacious & flat 3/4 acre lot, this home combines classic character with modern upgrades. Inside you'll find updated electrical & plumbing, replacement windows & an abundance of receptacles throughout. The kitchen boasts stainless steel

    Margaret Hicks Welcome Home Real Estate

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Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Pearisburg Has More Owners

Demographics

Total Population
2,733
Median Age
45
Population Density
21 ppl/acre
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
22%
On par with the national average
19.1%

Finances

Median Household Income
$58,237
Below the national average
$71,702
Average Household Income
$64,673

Education and Workforce

High School Graduates
90.8%
College Graduates
19.2%
Below the national average
34.1%
Advanced Degrees
5.6%
Below the national average
13.3%
% Population in Labor Force
57.6%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®®

37 / 100

Somewhat Walkable

Walk Score®®

50 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Pearisburg