Neighborhood
Lusters Mill, Blacksburg
1 lot for sale now. Median sale $755K, last 5 years.
1
Lots for sale
Active listings
$755K
Median sale price
Last 5 years
$224
Per square foot
Median, sold homes
6
Days on market
Median, sold homes
100%
Of asking price
Median sale to original list
Live. Updated 1 hour ago.
Homes for sale
1 lot for sale in Lusters Mill.
Listed at $175,000. Updated every few minutes.
Recently sold
What homes in Lusters Mill sold for.
3 sales in the last 12 months. The latest closed Jun 26, 2026. Prices are final sale prices.
| Address | Sold | Price | Beds / baths | Sq ft | Per sq ft |
|---|---|---|---|---|---|
| 501 Mill Pointe RoadListing courtesy of Long & Foster - Blacksburg | $1,395,000 | 4 bd / 4.5 ba | 4,764 sq ft | $293/sq ft | |
| 484 Mill Pointe RdListing courtesy of RE/MAX 8 | $925,000 | 41.8 acres | |||
| 484 Mill Pointe DriveListing courtesy of RE/MAX 8 - Blacksburg | $915,000 | 41.8 acres | |||
| 446 Mill Pointe RoadListing courtesy of Coldwell Banker Townside Bburg | $225,000 | 1.9 acres | |||
| Mill Wood LaneListing courtesy of Nest Realty SWVA | $687,000 | 5 bd / 3.5 ba | 3,069 sq ft | $224/sq ft | |
| Mill Wood LaneListing courtesy of RE/MAX 8 - Blacksburg | $755,000 | 4 bd / 3.5 ba | 3,302 sq ft | $229/sq ft | |
| Mill Wood LaneListing courtesy of RE/MAX 8 - Blacksburg | $625,000 | 5 bd / 4.5 ba | 3,480 sq ft | $180/sq ft | |
| Mill Wood LnListing courtesy of Coldwell Banker Townside Bburg | $759,000 | 4 bd / 4.5 ba | 5,044 sq ft | $150/sq ft | |
| Mill Wood LaneListing courtesy of Coldwell Banker Townside Bburg | $600,000 | 5 bd / 4.5 ba | 4,250 sq ft | $141/sq ft | |
| Mill WoodListing courtesy of Nest Realty SWVA | $574,900 | 5 bd / 3.5 ba | 3,069 sq ft | $187/sq ft | |
| Mill Wood LaneListing courtesy of XRealty.net LLC | $512,000 | 4 bd / 4.5 ba | 3,530 sq ft | $145/sq ft | |
| Mill Pointe RdListing courtesy of Coldwell Banker Townside Bburg | $585,000 | 4 bd / 3.5 ba | 3,845 sq ft | $152/sq ft |
Market
The Lusters Mill market.
A median sale of $755,000 over the last 5 years, across 5 sales. Across Blacksburg, the median was $460,000 over the last 12 months.
Median sale price by year
Homes sold in Lusters Mill, 2005 to 2026 (this year to date). Gaps are years with no sales.
| Period | Median sale price |
|---|---|
| 2005 | $375K |
| 2006 | $517K |
| 2007 | $535K |
| 2008 | $445K |
| 2009 | No data |
| 2010 | $550K |
| 2011 | No data |
| 2012 | $420K |
| 2013 | $432K |
| 2014 | $508K |
| 2015 | $485K |
| 2016 | $479K |
| 2017 | $565K |
| 2018 | $560K |
| 2019 | $512K |
| 2020 | No data |
| 2021 | $587K |
| 2022 | $692K |
| 2023 | $721K |
| 2024 | No data |
| 2025 | No data |
| 2026 | $1.4M |
Homes sold per year
33 sales since 2005.
Price points
Homes sold by price, last 5 years.
Home types
Share of homes on record in the last 10 years.
About
About Lusters Mill.
Lusters Mill sits about 2.4 miles northeast of downtown Blacksburg and about 2.9 miles from the Virginia Tech Drillfield, measured in a straight line.
Single-family houses account for 100 percent of the homes on record in Lusters Mill. Build years run from 1997 to 2016, with a median of 2004. Finished space typically runs 2,950 to 4,600 square feet (median 3,360), and the typical home has 4 bedrooms. The median lot is 1.9 acres, about 4.5 times the median for houses across Blacksburg (0.44 acres).
The median sale price in Lusters Mill is $755,000, based on 5 sales over the last 5 years. Sale prices ranged from $625,000 to $1,395,000. The median time on market was 6 days, and sellers received a median of 100% of their original asking price. Per finished square foot, the median was $224. One lot is listed for sale now on Mill Pointe Road: $175,000 for 1 acres. There are 33 home sales on record here since 2005.
Figures are medians from sales records for homes in Lusters Mill (land excluded). Distances are straight-line from the neighborhood's center. School assignments: confirm with Montgomery County Public Schools.
- Homes
- Houses 100%
- Built
- 1997 to 2016
- Typical size
- 3,360 sq ft
- Typical lot
- 1.9 acres
- Downtown
- 2.4 mi northeast
- Virginia Tech
- 2.9 mi to the Drillfield
- Sales on record
- 33 since 2005
History
How Lusters Mill was built.
Homes on record in Lusters Mill were built from 1997 to 2016. Most of them, 53%, went up in the 2000s. Every home on record here is a detached house. Our sales records reach back to 2005, and sales here appear from the start.
- Earliest year built
- 1997
- On record
- Latest year built
- 2016
- On record
- Busiest decade
- 2000s
- 53% of homes on record
- Lots on record
- 4
- No homes yet
Homes by decade built
17 homes on record with a year built.
From homes in Lusters Mill that have been listed or sold since 2005 in our records, counted once each. Years built are as reported in those listings. Older homes that have not changed hands since then are not counted.
Map
Lusters Mill on the map.
1 for sale and recent sales.
Schools
Public schools for Lusters Mill.
Every home on record in Lusters Mill with a map location is in the same attendance zones.
-
Elementary
-
Middle
-
High
Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools. Based on 3 homes on record in Lusters Mill with a map location. Distances are straight-line. Each school name links to its page on the Montgomery County Public Schools site.
Coming nearby
What’s coming near Lusters Mill.
Development projects within about a mile, from Town of Blacksburg records.
Everything coming to Blacksburg
Information from Town of Blacksburg public records and other official sources. Check the official record for decisions. Updated 4 hours ago ().
Nearby
Neighborhoods near Lusters Mill.
-
Indian Run
None for sale now · Median $582K (2 yrs)
0.8 mi away
-
The Orchards
2 homes for sale · Median $480K (2 yrs)
1.1 mi away
-
Cedar Orchard
2 homes for sale · Median $699K
1.4 mi away
-
Woodland Hills Estates
2 homes for sale · Median $850K (2 yrs)
1.4 mi away
-
Crawford Farms
1 under contract
1.4 mi away
-
Kessler Park
1 under contract · Median $551K (2 yrs)
1.4 mi away
FAQ
Questions? Answers.
What is the median home price in Lusters Mill?
The median sale price for homes in Lusters Mill was $755,000 over the last 5 years, across 5 sales on record.
How many homes are for sale in Lusters Mill right now?
1 lot is for sale in Lusters Mill right now at $175,000. This page updates every few minutes.
How fast do homes sell in Lusters Mill?
Homes that sold in Lusters Mill over the last 5 years spent a median of 6 days on the market, and sellers received a median of 100% of their original asking price. 60% sold at or above their original asking price.
What is the price per square foot in Lusters Mill?
The median sale price per finished square foot in Lusters Mill was $224 over the last 5 years. Across Blacksburg, the median was $234 over the last 12 months.
How far is Lusters Mill from Virginia Tech?
Lusters Mill is about 2.9 miles from the Virginia Tech Drillfield and 2.4 miles northeast of downtown Blacksburg, measured in a straight line from the neighborhood's center. Driving distances are longer.
What schools serve Lusters Mill?
Homes in Lusters Mill are in the Montgomery County Public Schools attendance zones for Harding Avenue Elementary, Blacksburg Middle and Blacksburg High. Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools.
When was Lusters Mill built?
Homes on record in Lusters Mill were built from 1997 to 2016, most of them in the 2000s.
How do I get alerts for new listings in Lusters Mill?
Use the sign-up form on this page. You will get an email when a home in Lusters Mill is listed, goes under contract or sells.
Alerts
Get new Lusters Mill listings by email.
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