Blacksburg market report
Blacksburg housing market, May 2008.
In May 2008, 59 homes sold in Blacksburg at a median price of $227,000. In May 2007, 65 homes sold at a median of $239,000. Homes that sold spent a median of 39 days on the market and sold for a median of 97% of their original asking price.
59
Homes sold
65 a year earlier
$227K
Median sale price
Down 5% from a year earlier
$122
Per square foot
Median, sold homes
39
Days on market
Median, sold homes
97%
Of asking price
Median sale to original list
46
New listings
Homes listed this month
Homes in Blacksburg ZIP codes 24060 to 24063 that closed in May 2008. Land excluded.
May 2008
The month in charts.
Sales by type: 33 single-family houses, 18 townhouses and 8 condos.
Median sale price by month
The 13 months through May 2008. Single months move around; the market page shows the 12-month trend.
| Period | Median sale price |
|---|---|
| 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 |
| Feb 08 | $189K |
| Mar 08 | $236K |
| Apr 08 | $267K |
| May 08 | $227K |
Homes sold per month
May 2008 highlighted.
Sales by price
May 2008.
Sales by neighborhood
Neighborhoods with the most sales in May 2008.
Sales
The latest 40 sales.
Final sale prices, newest first.
| Address | Neighborhood | Sold | Price | Beds / baths | Sq ft | Per sq ft |
|---|---|---|---|---|---|---|
| Birch LeafListing courtesy of Long & Foster - Blacksburg | Wyatt Farm | $520,000 | 4 bd / 3.5 ba | 3,289 sq ft | $158/sq ft | |
| Talheim CirListing courtesy of Shirley Sellers, Inc. | Wyatt Farm | $510,000 | 4 bd / 3.5 ba | 3,340 sq ft | $153/sq ft | |
| VillageListing courtesy of Long & Foster - Blacksburg | The Village at Tom's Creek | $425,000 | 4 bd / 3 ba | 2,448 sq ft | $174/sq ft | |
| McBrydeListing courtesy of Coldwell Banker Townside Bburg | McBryde Village | $327,500 | 3 bd / 2.5 ba | 3,201 sq ft | $102/sq ft | |
| Stradford ViewListing courtesy of Long & Foster - Blacksburg | Sterling Manor | $320,000 | 4 bd / 2.5 ba | 2,579 sq ft | $124/sq ft | |
| HeightsListing courtesy of Blacksburg Real Estate, Inc. | The Heights | $242,000 | 3 bd / 3.5 ba | 1,806 sq ft | $134/sq ft | |
| Patrick Henry DrListing courtesy of NRV Gateway Realty Inc | $186,000 | 4 bd / 3 ba | 1,520 sq ft | $122/sq ft | ||
| JanieListing courtesy of Long & Foster-Christiansburg | Pheasant Run | $170,000 | 4 bd / 2.5 ba | 1,480 sq ft | $115/sq ft | |
| Claytor SqListing courtesy of RE/MAX Allegiance, Blacksburg | University Place | $127,000 | 3 bd / 2 ba | 980 sq ft | $130/sq ft | |
| SunridgeListing courtesy of Coldwell Banker Townside Bburg | Sundance Ridge | $102,500 | 1 bd / 1 ba | 627 sq ft | $163/sq ft | |
| KentwoodListing courtesy of Long & Foster - Blacksburg | $359,000 | 3 bd / 3.5 ba | 2,382 sq ft | $151/sq ft | ||
| Woodbine DrListing courtesy of RE/MAX Allegiance, Blacksburg | Woodbine | $299,000 | 4 bd / 2.5 ba | 3,136 sq ft | $95/sq ft | |
| Palmer DriveListing courtesy of Long & Foster-Christiansburg | $271,000 | 3 bd / 3 ba | 2,761 sq ft | $98/sq ft | ||
| Lora LnListing courtesy of Prudential Radford & Associates-Blacksburg | Tremont Estates | $180,000 | 3 bd / 2.5 ba | 1,440 sq ft | $125/sq ft | |
| Pheasant RunListing courtesy of Burnette Real Estate Sales & Management Inc. | Pheasant Run | $180,000 | 4 bd / 2.5 ba | 1,480 sq ft | $122/sq ft | |
| Charles StListing courtesy of Coldwell Banker Townside Bburg | Piedmont | $129,000 | 2 bd / 1.5 ba | 966 sq ft | $134/sq ft | |
| DonleeListing courtesy of Coldwell Banker Townside Bburg | Piedmont | $125,000 | 3 bd / 1 ba | 1,012 sq ft | $124/sq ft | |
| Pheasant RunListing courtesy of Long & Foster-Christiansburg | Pheasant Run | $186,000 | 4 bd / 2.5 ba | 1,480 sq ft | $126/sq ft | |
| LaurenceListing courtesy of Long & Foster-Christiansburg | $177,000 | 4 bd / 2.5 ba | 1,512 sq ft | $117/sq ft | ||
| Wildflower LaneListing courtesy of Long & Foster - Blacksburg | $330,000 | 3 bd / 2.5 ba | 2,100 sq ft | $157/sq ft | ||
| MaywoodListing courtesy of Coldwell Banker Townside Bburg | $255,000 | 4 bd / 3 ba | 2,790 sq ft | $91/sq ft | ||
| AlgonquinListing courtesy of RE/MAX Allegiance, Blacksburg | Shenandoah | $233,750 | 4 bd / 2.5 ba | 1,936 sq ft | $121/sq ft | |
| Locust AvenueListing courtesy of Old Virginia Real Estate | Highland Park | $228,000 | 3 bd / 2.5 ba | 1,851 sq ft | $123/sq ft | |
| JanieListing courtesy of NextHome New River Valley | Pheasant Run | $189,000 | 4 bd / 2.5 ba | 1,440 sq ft | $131/sq ft | |
| BrocktonListing courtesy of Long & Foster - Blacksburg | Cedar Orchard | $451,000 | 4 bd / 2.5 ba | 2,850 sq ft | $158/sq ft | |
| Brockton StListing courtesy of Long & Foster - New River Valley | Cedar Orchard | $449,950 | 4 bd / 2.5 ba | 2,850 sq ft | $158/sq ft | |
| Mill Pointe RoadListing courtesy of Long & Foster - Blacksburg | Lusters Mill | $430,000 | 4 bd / 2.5 ba | 3,020 sq ft | $142/sq ft | |
| Horse ShoeListing courtesy of RE/MAX Allegiance, Blacksburg | Mt. Tabor Village | $246,000 | 4 bd / 3.5 ba | 2,293 sq ft | $107/sq ft | |
| Alice DriveListing courtesy of Shirley Sellers, Inc. | $370,000 | 4 bd / 3 ba | 2,374 sq ft | $156/sq ft | ||
| AuroraListing courtesy of Long & Foster - Blacksburg | $315,000 | 3 bd / 2 ba | 3,268 sq ft | $96/sq ft | ||
| Mourning DoveListing courtesy of Long & Foster - Blacksburg | Meadow Run | $280,000 | 4 bd / 2.5 ba | 1,944 sq ft | $144/sq ft | |
| SandyListing courtesy of NextHome New River Valley | Montgomery Farms | $227,000 | 3 bd / 2 ba | 1,800 sq ft | $126/sq ft | |
| Emerald StListing courtesy of Prudential Radford & Associates-Blacksburg | $156,000 | 3 bd / 2.5 ba | 1,310 sq ft | $119/sq ft | ||
| Norris Run RoadListing courtesy of Long & Foster-Christiansburg | $132,000 | 3 bd / 1 ba | 1,446 sq ft | $91/sq ft | ||
| Sussex RdListing courtesy of NextHome New River Valley | Carriage Hill | $125,900 | 2 bd / 1.5 ba | 1,116 sq ft | $113/sq ft | |
| UniversityListing courtesy of Long & Foster-Christiansburg | University Terrace | $126,000 | 4 bd / 2 ba | 1,075 sq ft | $117/sq ft | |
| Lombardi DrListing courtesy of NextHome New River Valley | Woodbine | $212,000 | 4 bd / 3 ba | 2,248 sq ft | $94/sq ft | |
| Brunswick DrListing courtesy of Long & Foster-Christiansburg | $235,000 | 4 bd / 2.5 ba | 1,920 sq ft | $122/sq ft | ||
| Chelsea CtListing courtesy of Old Virginia Real Estate | Haymarket Square | $181,000 | 3 bd / 3 ba | 1,832 sq ft | $99/sq ft | |
| Lora LnListing courtesy of RE/MAX Allegiance, Blacksburg | Tremont Estates | $183,000 | 3 bd / 2.5 ba | 1,440 sq ft | $127/sq ft |
FAQ
Questions? Answers.
What was the median home price in Blacksburg in May 2008?
The median sale price for homes in Blacksburg in May 2008 was $227,000, across 59 sales on record (land excluded). A year earlier, in May 2007, it was $239,000.
How many homes sold in Blacksburg in May 2008?
59 homes sold in Blacksburg in May 2008, compared with 29 in April 2008 and 65 in May 2007.
How fast did homes sell in Blacksburg in May 2008?
Homes that sold in May 2008 spent a median of 39 days on the market, and 17% sold at or above their original asking price.
Alerts
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