History

A history of real estate in Blacksburg.

How the town was platted and sold, how it grew outward, and what homes have cost, from the first lots in 1797 to this year’s sales.

Published 10 min readSources at the end

64

Half-acre lots in the 1798 plan

Sixteen blocks of four lots

$25,700

Median home value, 1970

Census, owner estimates

$446,300

Median home value, 2020-2024

Census survey, owner estimates

$460,455

Median sale price

Last 12 months, live

Chapter 1

1797 to 1871

Lots and streets.

Blacksburg began as a real estate venture. By 1797 William Black had laid off 38 3/4 acres of his family’s land into lots and streets and sold a number of the lots. The buyers had built houses and were building more when he asked the General Assembly to make the place a town. It did, on January 13, 1798.

The plan was simple. Sixteen two-acre blocks sat in four ranges of four, and each block was cut into four half-acre lots: 64 lots in all. Draper Road, then Water Street, anchored one side of the grid. Main Street ran along the rise above it.

The 1798 plan of BlacksburgSixteen blocks in four rows of four. Each block is divided into four lots. Draper Road, once Water Street, runs along one long side; Main Street, once Toms Creek Street, runs between the first and second rows.Draper Road (Water Street)Main Street (Toms Creek Street)
One half-acre lot One two-acre block William Black’s plan as the National Register nomination describes it. A diagram of the layout, not to scale or to compass.

The town filled in slowly. A sketch map from 1833 shows roughly six blocks along Main Street, and it may be that only six of the sixteen were surveyed and built on by the 1830s. Unlike Christiansburg, Blacksburg gradually filled the blocks away from its main street, and the early houses that survive stand on those narrower back streets.

Much of the original grid lies in today’s Blacksburg Historic District, which its 1991 National Register nomination calls the largest and best preserved downtown commercial area in Montgomery County.

Chapter 2

1870 to 1941

The first additions.

The college that opened in 1872 needed places for students to live. Lybrook’s Row, built about 1870, housed early students and was known as “Hell’s Row.” In the early 1920s downtown was rebuilt with brick commercial buildings two and three stories tall, with apartments upstairs.

New Town grew lot by lot. In 1874 Gilbert Vaughn, who had been enslaved, bought a half-acre plot and became the neighborhood’s first Black landowner. An 1884 deed conveyed another half-acre “near the town of Blacksburg” in “what is known as ‘New or Clapboard town.’”

After 1900 new residential areas grew north of campus along the Peppers Ferry Road, on Bitter Hill at the northeast edge of the old town, and along Progress Street south of campus.

The biggest venture of the period came south of downtown, on a farm known as Fiddlers Green. John Black had given it to his son Alexander in the 1820s. In 1913 the Southside Land Company, made up of A. W. Miller, F. W. Ehart, J. L. Eakin, M. F. Slusser and J. G. Price, bought the land along the south side of South Main Street and laid out an addition. Its side streets were named for the developers: Miller, Ehart, Eakin, Price and Slusser.

In 1919 A. Warren Miller and his sister, Juanita Miller Rucker, laid out the Miller Addition to the west, served by an extension of Water Street (now Draper Road) and Preston Avenue. J. L. Eakin laid out lots along the south side of what is now Airport Road the same year. Together the additions held about 125 lots, each 50 feet wide, and many buyers bought two lots and combined them.

The houses that followed were Foursquares, bungalows, and Colonial Revival and Tudor Revival homes in brick, frame and stone, many with garages built to match. One early Foursquare on South Main Street was bought from Sears, Roebuck around 1915. Its National Register nomination counts 138 houses and calls it Montgomery County’s largest and most complete suburb of 1909 to 1941. Today it is the Miller Southside neighborhood.

Chapter 3

1940 to 1990

Growing outward.

World War II brought new employees to the college, and the student population grew from 3,242 in 1940 to 4,857 in 1950. Real estate companies began laying out subdivisions outside the town’s historic core. Apperson, in the northeast corner of town, was built mainly in the 1950s and 1960s.

In November 1968 the News Messenger published a map of an area proposed for annexation to the town. Between the 1970 and 1980 censuses the count of homes in Blacksburg went from 3,531 to 9,785, and the population from 9,384 to 30,638.

Planned communities arrived. HHHunt began in Blacksburg in 1966, building housing at Virginia Tech, and in 1971 started Hethwood, its first master-planned community: houses and townhomes on 316 wooded acres. Hethwood’s five neighborhoods are Haymarket Square, Stroubles Mill, Mission Hills, Chowning Place and Pilgrim's Pointe.

University Mall opened in 1975 and pulled development beyond the town’s traditional boundaries. New Town’s longtime residents gradually moved away, and the neighborhood was later redeveloped into a retail center.

The result shows in the homes standing today. Of about 17,028 homes in town, the Census estimates 3,697 were built in the 1970s and 3,140 in the 1980s, more than any other decades.

Homes standing today, by decade built

Homes in Blacksburg by the decade they were built (Census estimate, 2020 to 2024)Before 1940: 511. 2020 on: 425. Lowest 425 (2020 on), highest 3,697 (1970s).Before 1940: 5111940s: 8411950s: 7751960s: 1,2651970s: 3,6971980s: 3,1401990s: 1,8392000s: 2,4372010s: 2,0982020 on: 425
Homes in Blacksburg by the decade they were built (Census estimate, 2020 to 2024)
PeriodHomes
Before 1940511
1940s841
1950s775
1960s1,265
1970s3,697
1980s3,140
1990s1,839
2000s2,437
2010s2,098
2020 on425

All 17,028 housing units in the town, houses and apartments alike. Census Bureau, American Community Survey 5-year estimates, 2020 to 2024.

Chapter 4

1990 to today

Owners, renters and rules.

Blacksburg has long been a town of more renters than owners. In 1990, 31.6% of occupied homes in town were owner-occupied. The Census estimates 35.8% for 2020 to 2024: 4,955 of 13,840 occupied homes. The town counted 16,208 homes in the 2020 Census, up from 11,857 in 1990.

The rules took their current shape in these years. The Blacksburg and Miller-Southside historic districts were listed on the Virginia Landmarks Register in 1989 and the National Register of Historic Places in 1991. The Town’s current zoning ordinance, Ordinance 1137, and its official zoning map date to 1997.

Some of the newest homes fill in rather than spread out. Midtown brought townhomes to the old Blacksburg Middle School site; its builder was announced in 2019. In 2024 the Town proposed a small-lot option for its R-4 residential district that would allow 3,000-square-foot lots, where the minimum had been 10,000 square feet, about a quarter acre.

See what's coming to Blacksburg: new development and projects in the works, and follow what Town Council is deciding.

Homes in Blacksburg at each census

Housing units in the Town of Blacksburg at each census, 1970 to 20201970: 3,531. 2020: 16,208. Lowest 3,531 (1970), highest 16,208 (2020).1970: 3,5311980: 9,7851990: 11,8572000: 13,7322010: 15,3422020: 16,208
Housing units in the Town of Blacksburg at each census, 1970 to 2020
PeriodHousing units
19703,531
19809,785
199011,857
200013,732
201015,342
202016,208

Housing units counted inside town limits by the decennial census.

Chapter 5

1970 to now

What homes have cost.

The Census asks owners what their homes would sell for. In 1970 the median Blacksburg owner put the value at $25,700. In 1990 it was $94,400, in 2000 $144,000, and in the Census Bureau’s 2020 to 2024 survey $446,300. In every period with a county figure, Blacksburg’s median sat above Montgomery County’s.

These are owners’ estimates of what a home would sell for, not sale prices, and they are not adjusted for inflation. The 1970 to 2000 figures cover one-family homes on less than 10 acres with no business on the property; the survey figures cover all owner-occupied homes. No 1980 figure is shown: we could not locate that year’s Virginia housing tables.

Median home value, Census

Median value of owner-occupied homes in Blacksburg, Census, 1970 to 2020-20241970: $25,700. 2020-24: $446,300. Lowest $25,700 (1970), highest $446,300 (2020-24).1970: $25,7001990: $94,4002000: $144,0002006-10: $245,3002011-15: $275,4002016-20: $309,8002020-24: $446,300
Median value of owner-occupied homes in Blacksburg, Census, 1970 to 2020-2024
PeriodMedian value
1970$25,700
1990$94,400
2000$144,000
2006-10$245,300
2011-15$275,400
2016-20$309,800
2020-24$446,300
Median value of owner-occupied homes (owner estimates, not adjusted for inflation)
CensusBlacksburgMontgomery County
1970$25,700Not shown
1990$94,400$71,800
2000$144,000$114,600
2006-10 survey$245,300$187,600
2011-15 survey$275,400$205,100
2016-20 survey$309,800$230,000
2020-24 survey$446,300$304,600

1970, 1990 and 2000: decennial census, one-family homes on less than 10 acres with no business on the property. Ranges such as 2020-24: American Community Survey 5-year estimates, all owner-occupied homes.

What homes actually sold for.

Census values are estimates. Sales are the record. This is the median price of every Blacksburg house, townhome and condo sale on record, by year, from 2006 through 2025.

Median home sale price in Blacksburg by year, 2006 to 20252006: $223,375. 2025: $475,000. Lowest $223,375 (2006), highest $475,000 (2025).2006: $223,3752007: $229,6252008: $232,5002009: $225,0002010: $228,7502011: $238,3752012: $229,9752013: $235,0002014: $235,0002015: $249,0002016: $245,5002017: $280,7502018: $285,0002019: $308,5002020: $330,0002021: $360,0002022: $420,0002023: $425,0002024: $431,5002025: $475,000
Median home sale price in Blacksburg by year, 2006 to 2025
PeriodMedian sale price
2006$223,375
2007$229,625
2008$232,500
2009$225,000
2010$228,750
2011$238,375
2012$229,975
2013$235,000
2014$235,000
2015$249,000
2016$245,500
2017$280,750
2018$285,000
2019$308,500
2020$330,000
2021$360,000
2022$420,000
2023$425,000
2024$431,500
2025$475,000
  • From 2006 through 2016 the yearly median barely moved: it stayed between $223,375 and $249,000.
  • It first reached $300,000 in 2019 and $400,000 in 2022.
  • The biggest one-year rise came in 2022: 17%, from $360,000 to $420,000.
  • In 2025 the median home sold for $475,000, 113% above 2006. These prices are not adjusted for inflation.

$460,455

Median sale price

Last 12 months

$455,000

2026 so far

309 home sales

410

Homes sold

Last 12 months

Live. Updated 5 hours ago.

Timeline

Real estate, year by year.

From the first lots to the newest rules.

  1. 1797

    The first lots

    William Black lays off 38 3/4 acres in lots and streets and begins selling them.

  2. 1798

    Sixteen squares

    The town is established on January 13: sixteen two-acre blocks, 64 half-acre lots.

  3. 1833

    Roughly six blocks

    A sketch map shows roughly six blocks along Main Street.

  4. c. 1870

    Lybrook’s Row

    Built about 1870, it houses early students of the new college.

  5. 1874

    New Town

    Gilbert Vaughn buys a half-acre plot and becomes New Town’s first Black landowner.

  6. 1913

    Southside Land Company

    The company buys the land south of South Main Street and lays out an addition.

  7. 1919

    Miller Addition

    About 125 fifty-foot lots across the two additions, many bought in pairs.

  8. 1920s

    Apartments downtown

    Downtown is rebuilt in brick, two and three stories with apartments upstairs.

  9. 1968

    Annexation proposed

    A map of an area proposed for annexation runs in the News Messenger.

  10. 1971

    Hethwood

    HHHunt begins its first master-planned community: 316 wooded acres.

  11. 1975

    University Mall

    Development moves beyond the town’s traditional boundaries.

  12. 1991

    Historic districts

    Downtown and Miller-Southside join the National Register.

  13. 1997

    Zoning ordinance

    The Town’s current zoning ordinance and official map are adopted.

  14. 2019

    Midtown

    Townhomes are announced for the old Blacksburg Middle School site.

  15. 2024

    Smaller lots

    The Town proposes 3,000-square-foot lots in its R-4 district.

Sources

Every historical fact on this page comes from a source below, read on the date shown. Where sources disagree or a record could not be checked, the fact is left out. Census figures are the Census Bureau’s; sale prices come from local sales records and update automatically. Something to add or correct? Tell us.

  1. National Register of Historic Places nomination: Blacksburg Historic District (Gibson Worsham; VLR 1989, NRHP 1991), Virginia Department of Historic Resources file 150-0108Checked October 13, 2026
  2. Virginia Department of Historic Resources: Blacksburg Historic District (150-0108)Checked October 13, 2026
  3. Virginia Tech Special Collections and University Archives, New Town: Across the Color Line: The Origins of New TownChecked October 13, 2026
  4. National Register of Historic Places nomination: Miller-Southside Residential Historic District (VLR 1989, NRHP 1991), Virginia Department of Historic Resources file 150-0109Checked October 13, 2026
  5. Virginia Department of Historic Resources: Miller-Southside Residential Historic District (150-0109)Checked October 13, 2026
  6. Virginia Tech Special Collections and University Archives, New Town: Across the Color Line: Legacy, New Town’s Fate and AfterlifeChecked October 13, 2026
  7. The Blacksburg Partnership: neighborhoods (Apperson/Dickerson)Checked October 13, 2026
  8. Virginia Tech Special Collections: Map-0264, "Town of Blacksburg, Virginia, and Vicinity. Existing Land Use of Area Proposed for Annexation" (News Messenger, November 14, 1968)Checked October 13, 2026
  9. U.S. Census Bureau, 1990 CPH-2-48, Population and Housing Unit Counts, Virginia: population and housing units, 1970 to 1990Checked October 13, 2026
  10. HHHunt: the HHHunt storyChecked October 13, 2026
  11. The Blacksburg Partnership: HethwoodChecked October 13, 2026
  12. U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, table B25034 (year structure built), Blacksburg townChecked October 13, 2026
  13. U.S. Census Bureau, 1990 CH-1-48, General Housing Characteristics, Virginia: Table 1, summary of general housing characteristicsChecked October 13, 2026
  14. U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, table B25003 (tenure), Blacksburg townChecked October 13, 2026
  15. U.S. Census Bureau, data.census.gov: Blacksburg town, Virginia, 2000, 2010 and 2020 censuses (total population and housing units)Checked October 13, 2026
  16. Town of Blacksburg: official zoning map (certified as adopted April 22, 1997, by Ordinance 1137)Checked October 13, 2026
  17. Town of Blacksburg Code, Appendix A: Ordinance No. 1137, Blacksburg Zoning Ordinance (Municode)Checked October 13, 2026
  18. WSET: "Eagle Construction to build Midtown townhomes in Blacksburg" (December 4, 2019)Checked October 13, 2026
  19. WSLS 10: "Blacksburg Town Council considering zoning amendment to allow for smaller residential lots" (July 29, 2024)Checked October 13, 2026
  20. U.S. Census Bureau, 1970 Census of Housing, Vol. 1, Part 48 Virginia, General Housing Characteristics: Table 24, financial characteristics for places of 2,500 to 10,000Checked October 13, 2026
  21. U.S. Census Bureau, Census 2000 PHC-2-48, Summary Social, Economic, and Housing Characteristics, Virginia: Table 26, home valueChecked October 13, 2026
  22. U.S. Census Bureau, American Community Survey 5-year estimates, table B25077 (median value, owner-occupied housing units): 2006-2010, 2011-2015, 2016-2020 and 2020-2024Checked October 13, 2026
  23. U.S. Census Bureau, 2024 American Community Survey subject definitions: ValueChecked October 13, 2026