Blacksburg market report

Blacksburg housing market, January 2008.

In January 2008, 24 homes sold in Blacksburg at a median price of $211,750. In January 2007, 25 homes sold at a median of $223,000. Homes that sold spent a median of 77 days on the market and sold for a median of 95% of their original asking price.

24

Homes sold

25 a year earlier

$212K

Median sale price

Down 5% from a year earlier

$124

Per square foot

Median, sold homes

77

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

52

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2008. Land excluded.

January 2008

The month in charts.

Sales by type: 18 single-family houses, 3 condos and 3 townhouses.

Median sale price by month

The 13 months through January 2008. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2008Jan 07: $223K. Jan 08: $212K. Lowest $212K (Jan 08), highest $271K (Dec 07).Jan 07: $223KFeb 07: $231KMar 07: $230KApr 07: $222KMay 07: $239KJun 07: $250KJul 07: $220KAug 07: $222KSep 07: $235KOct 07: $216KNov 07: $247KDec 07: $271KJan 08: $212K
Median home sale price in Blacksburg by month, 13 months through January 2008
PeriodMedian sale price
Jan 07$223K
Feb 07$231K
Mar 07$230K
Apr 07$222K
May 07$239K
Jun 07$250K
Jul 07$220K
Aug 07$222K
Sep 07$235K
Oct 07$216K
Nov 07$247K
Dec 07$271K
Jan 08$212K

Homes sold per month

January 2008 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2008Jan 07: 25. Jan 08: 24. Lowest 19 (Nov 07), highest 74 (Jun 07).Jan 07: 25Feb 07: 30Mar 07: 48Apr 07: 47May 07: 65Jun 07: 74Jul 07: 71Aug 07: 60Sep 07: 29Oct 07: 20Nov 07: 19Dec 07: 20Jan 08: 24
Homes sold in Blacksburg per month, 13 months through January 2008
PeriodHomes sold
Jan 0725
Feb 0730
Mar 0748
Apr 0747
May 0765
Jun 0774
Jul 0771
Aug 0760
Sep 0729
Oct 0720
Nov 0719
Dec 0720
Jan 0824

Sales by price

January 2008.

  • Under $250K 14 sold
  • $250K to $350K 7 sold
  • $350K to $500K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2008.

Sales

Every sale in January 2008.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2008
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Honeysuckle DriveListing courtesy of RE/MAX Allegiance, Blacksburg The Village at Tom's Creek $365,706 3 bd / 2.5 ba 1,957 sq ft $187/sq ft
Wake ForestListing courtesy of RE/MAX Allegiance, Blacksburg $300,000 3 bd / 2 ba 1,902 sq ft $158/sq ft
JanieListing courtesy of Long & Foster-Christiansburg Pheasant Run $188,500 4 bd / 2.5 ba 1,480 sq ft $127/sq ft
Redbud RdListing courtesy of Gracious Living Realty $290,000 3 bd / 2.5 ba 3,618 sq ft $80/sq ft
Cherokee DriveListing courtesy of Long & Foster - Blacksburg Shenandoah $280,000 6 bd / 4 ba 3,200 sq ft $88/sq ft
HardingListing courtesy of Whiting Real Estate $257,500 4 bd / 3 ba 1,961 sq ft $131/sq ft
Cedar HillListing courtesy of Prudential Radford B Cedar Hill $207,500 4 bd / 2 ba 1,500 sq ft $138/sq ft
Wellesley CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $185,000 4 bd / 3.5 ba 1,840 sq ft $101/sq ft
D University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $128,000 4 bd / 2 ba 1,050 sq ft $122/sq ft
Village Way NorthListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $381,600 3 bd / 2.5 ba 2,285 sq ft $167/sq ft
Village WayListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $235,000 2 bd / 2.5 ba 1,456 sq ft $161/sq ft
KelseyListing courtesy of CENTURY 21 Rice Realty McBryde Village $183,000 3 bd / 2 ba 2,176 sq ft $84/sq ft
Bishop RoadListing courtesy of Long & Foster - Blacksburg $260,000 4 bd / 3 ba 1,824 sq ft $143/sq ft
WoodbineListing courtesy of Long & Foster - Blacksburg Woodbine $204,500 3 bd / 2 ba 1,757 sq ft $116/sq ft
Centennial RdListing courtesy of Gracious Living Realty $72,000 3 bd / 2 ba 1,488 sq ft $48/sq ft
High RidgeListing courtesy of Long & Foster-Christiansburg Laurel Ridge $330,000 3 bd / 2.5 ba 2,530 sq ft $130/sq ft
Pearman RoadListing courtesy of RE/MAX Allegiance, Blacksburg Preston Forest $470,000 5 bd / 3 ba 2,915 sq ft $161/sq ft
Givens LnListing courtesy of RE/MAX 8 - Blacksburg $216,000 4 bd / 2 ba 2,300 sq ft $94/sq ft
NewportListing courtesy of RE/MAX Allegiance, Blacksburg University Place $115,000 3 bd / 2 ba 970 sq ft $119/sq ft
Brightwood ManorListing courtesy of Long & Foster - Blacksburg Brightwood Manor $106,000 3 bd / 2 ba 1,258 sq ft $84/sq ft
CourtneyListing courtesy of Long & Foster - Blacksburg Echols Village $189,900 3 bd / 2.5 ba 1,452 sq ft $131/sq ft
BrooksfieldListing courtesy of NextHome New River Valley $110,000 2 bd / 1 ba 870 sq ft $126/sq ft
Heritage LnListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $318,000 4 bd / 3 ba 2,615 sq ft $122/sq ft
Bishop RdListing courtesy of Long & Foster-Christiansburg $187,000 3 bd / 2 ba 1,896 sq ft $99/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2008?

The median sale price for homes in Blacksburg in January 2008 was $211,750, across 24 sales on record (land excluded). A year earlier, in January 2007, it was $223,000.

How many homes sold in Blacksburg in January 2008?

24 homes sold in Blacksburg in January 2008, compared with 20 in December 2007 and 25 in January 2007.

How fast did homes sell in Blacksburg in January 2008?

Homes that sold in January 2008 spent a median of 77 days on the market, and 21% sold at or above their original asking price.

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