Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Pearisburg

Learn about the people, housing, costs and businesses in Pearisburg, Virginia

Median Home$139,969
Median Rent$778/month
Population2,881
Leading IndustriesRetail · Wholesale Trade · Manufacturing24% retail
Home Value Growth+8.4% over 2 years
Young Adults26% of residents
Homeowners76% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$140k median home · lower cost than 78% of the country
Pearisburg
VA

Frequently Asked Questions

What are today's mortgage rates in Pearisburg?

As of today, the 30-year fixed mortgage rate for Pearisburg is approximately 7.031% (7.075% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Pearisburg
What is the median home price in Pearisburg?

The median home value in Pearisburg is $140k. The median monthly rent is $778. Annual property taxes average $896. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pearisburg?

Home values in Pearisburg have increased 8.4% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Pearisburg?

Based on a typical all-in ownership cost of $723/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pearisburg is $64k/year.

Calculate your buying power
What industries drive the economy in Pearisburg?

The largest employment sectors in Pearisburg are public administration (25%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.