Blacksburg market report

Blacksburg housing market, January 2009.

In January 2009, 10 homes sold in Blacksburg at a median price of $188,000. In January 2008, 24 homes sold at a median of $211,750. Homes that sold spent a median of 69 days on the market and sold for a median of 93% of their original asking price.

10

Homes sold

24 a year earlier

$188K

Median sale price

Down 11% from a year earlier

$129

Per square foot

Median, sold homes

69

Days on market

Median, sold homes

93%

Of asking price

Median sale to original list

44

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2009. Land excluded.

January 2009

The month in charts.

Sales by type: 8 single-family houses and 2 townhouses.

Median sale price by month

The 13 months through January 2009. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2009Jan 08: $212K. Jan 09: $188K. Lowest $188K (Jan 09), highest $267K (Apr 08).Jan 08: $212KFeb 08: $189KMar 08: $236KApr 08: $267KMay 08: $227KJun 08: $250KJul 08: $206KAug 08: $220KSep 08: $242KOct 08: $255KNov 08: $240KDec 08: $210KJan 09: $188K
Median home sale price in Blacksburg by month, 13 months through January 2009
PeriodMedian sale price
Jan 08$212K
Feb 08$189K
Mar 08$236K
Apr 08$267K
May 08$227K
Jun 08$250K
Jul 08$206K
Aug 08$220K
Sep 08$242K
Oct 08$255K
Nov 08$240K
Dec 08$210K
Jan 09$188K

Homes sold per month

January 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2009Jan 08: 24. Jan 09: 10. Lowest 10 (Jan 09), highest 69 (Jun 08).Jan 08: 24Feb 08: 33Mar 08: 44Apr 08: 29May 08: 59Jun 08: 69Jul 08: 58Aug 08: 37Sep 08: 21Oct 08: 15Nov 08: 14Dec 08: 14Jan 09: 10
Homes sold in Blacksburg per month, 13 months through January 2009
PeriodHomes sold
Jan 0824
Feb 0833
Mar 0844
Apr 0829
May 0859
Jun 0869
Jul 0858
Aug 0837
Sep 0821
Oct 0815
Nov 0814
Dec 0814
Jan 0910

Sales by price

January 2009.

  • Under $250K 7 sold
  • $250K to $350K 1 sold
  • $350K to $500K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2009.

Sales

Every sale in January 2009.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2009
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Knob HillListing courtesy of Coldwell Banker Townside Bburg Knob Hill $390,000 4 bd / 3.5 ba 2,975 sq ft $131/sq ft
McCoyListing courtesy of Custom Appraisals $170,000 2 bd / 2 ba 1,440 sq ft $118/sq ft
Happy Hollow RdListing courtesy of McCraw Real Estate $170,000 3 bd / 2 ba 1,200 sq ft $142/sq ft
FairviewListing courtesy of CENTURY 21 Rice Realty Airport Acres $160,000 2 bd / 1 ba 1,500 sq ft $107/sq ft
GolfviewListing courtesy of Coldwell Banker Townside Bburg Longview Estates $206,000 3 bd / 2 ba 1,348 sq ft $153/sq ft
Vista TerraceListing courtesy of Coldwell Banker Townside Bburg Vistas $245,000 3 bd / 2.5 ba 1,980 sq ft $124/sq ft
Long ShopListing courtesy of Hokie Real Estate, Inc. $137,000 2 bd / 1 ba 1,085 sq ft $126/sq ft
CaldwellListing courtesy of NextHome New River Valley Vista Pointe $297,000 3 bd / 2.5 ba 2,013 sq ft $148/sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $370,700 3 bd / 2.5 ba 2,294 sq ft $162/sq ft
BarringerListing courtesy of Whiting Real Estate McBryde Village $170,000 3 bd / 2 ba 1,588 sq ft $107/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2009?

The median sale price for homes in Blacksburg in January 2009 was $188,000, across 10 sales on record (land excluded). A year earlier, in January 2008, it was $211,750.

How many homes sold in Blacksburg in January 2009?

10 homes sold in Blacksburg in January 2009, compared with 14 in December 2008 and 24 in January 2008.

How fast did homes sell in Blacksburg in January 2009?

Homes that sold in January 2009 spent a median of 69 days on the market, and 20% sold at or above their original asking price.

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