The story of this market
The typical home in ZIP 24136 sells for about $233,719, or $112 per square foot.
Prices are up +5.3% from a year ago, so sellers still have some momentum. Homes take about 105 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $828 a month.
ZIP 24136 — Pembroke
The 24136 market is a low-volume, rural area characterized by high vacancy rates and modest price appreciation. Market activity is driven by local demand rather than outside investment, with limited inventory and slow turnover. The figures reflect a stable but economically pressured environment where investors must prioritize cash flow over rapid growth.
This ZIP is best suited for patient, hands-on investors or local residents seeking affordable rural housing, as it requires deep local knowledge to navigate the thin margins and high vacancy risks.
Median prices moved up 5.3% year over year.
Homes spend a median of 105 days on market with 4.5 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.4% · poverty 11.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 24136, Giles County VA
Local schools are primarily served by the Giles County Public Schools district, which provides standard rural educational services.
The area is subject to standard regional flood and wind risks typical of the Appalachian valley geography.
Economic momentum is limited, with the area functioning primarily as a rural residential and local-operator market.
Property taxes are assessed at the county level by Giles County, utilizing a standard ad valorem assessment process.
Commuting is primarily car-dependent, with residents traveling toward Blacksburg or Christiansburg for major employment hubs.
The area features access to the New River and proximity to Jefferson National Forest, offering significant outdoor recreation opportunities.
The rental market is characterized by high vacancy rates and a reliance on local-operator management, with limited institutional presence.
The local economy is driven by small-scale local services and proximity to the larger Blacksburg-Christiansburg employment corridor.
Transportation is dominated by private vehicle use on state routes; public transit options are minimal.
There are no major large-scale commercial or residential developments currently reported for this ZIP.
Giles County utilizes a standard assessment cycle for property valuation.
Parcels are subject to Giles County school and general administrative district levies.
Property insurance markets are stable but sensitive to regional weather-related hazard profiles.
Data retrieved from ZCTA-level ACS profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
Major regional river providing fishing, boating, and recreational access.
Extensive public land offering hiking, camping, and outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.