Blacksburg market report

Blacksburg housing market, May 2010.

In May 2010, 32 homes sold in Blacksburg at a median price of $230,000. In May 2009, 35 homes sold at a median of $240,000. Homes that sold spent a median of 50 days on the market and sold for a median of 96% of their original asking price.

32

Homes sold

35 a year earlier

$230K

Median sale price

Down 4% from a year earlier

$120

Per square foot

Median, sold homes

50

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

26

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in May 2010. Land excluded.

May 2010

The month in charts.

Sales by type: 21 single-family houses, 8 townhouses and 3 condos.

Median sale price by month

The 13 months through May 2010. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through May 2010May 09: $240K. May 10: $230K. Lowest $209K (Apr 10), highest $280K (Sep 09).May 09: $240KJun 09: $226KJul 09: $232KAug 09: $218KSep 09: $280KOct 09: $220KNov 09: $252KDec 09: $225KJan 10: $228KFeb 10: $238KMar 10: $225KApr 10: $209KMay 10: $230K
Median home sale price in Blacksburg by month, 13 months through May 2010
PeriodMedian sale price
May 09$240K
Jun 09$226K
Jul 09$232K
Aug 09$218K
Sep 09$280K
Oct 09$220K
Nov 09$252K
Dec 09$225K
Jan 10$228K
Feb 10$238K
Mar 10$225K
Apr 10$209K
May 10$230K

Homes sold per month

May 2010 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2010May 09: 35. May 10: 32. Lowest 7 (Jan 10), highest 55 (Jul 09).May 09: 35Jun 09: 44Jul 09: 55Aug 09: 39Sep 09: 11Oct 09: 21Nov 09: 31Dec 09: 15Jan 10: 7Feb 10: 11Mar 10: 25Apr 10: 40May 10: 32
Homes sold in Blacksburg per month, 13 months through May 2010
PeriodHomes sold
May 0935
Jun 0944
Jul 0955
Aug 0939
Sep 0911
Oct 0921
Nov 0931
Dec 0915
Jan 107
Feb 1011
Mar 1025
Apr 1040
May 1032

Sales by price

May 2010.

  • Under $250K 18 sold
  • $250K to $350K 11 sold
  • $350K to $500K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2010.

Sales

Every sale in May 2010.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2010
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Heights LaneListing courtesy of Blacksburg Real Estate, Inc. The Heights $224,500 3 bd / 3.5 ba 1,806 sq ft $124/sq ft
Shenandoah CirListing courtesy of Old Virginia Real Estate Shenandoah $148,250 3 bd / 2.5 ba 1,364 sq ft $109/sq ft
Cascade CourtListing courtesy of NextHome New River Valley University Place $125,500 3 bd / 2 ba 885 sq ft $142/sq ft
Brush Mtn RdListing courtesy of NextHome New River Valley Brush Mountain West $308,000 4 bd / 3.5 ba 2,900 sq ft $106/sq ft
Cedarview DriveListing courtesy of RE/MAX Valley-Blacksburg Forest Hills $278,500 3 bd / 2.5 ba 3,000 sq ft $93/sq ft
Shelor LaneListing courtesy of Coldwell Banker Townside Bburg $216,000 4 bd / 2 ba 2,108 sq ft $102/sq ft
Gloucester DriveListing courtesy of NextHome New River Valley Pilgrim's Pointe $259,900 4 bd / 3 ba 2,512 sq ft $103/sq ft
Glade RoadListing courtesy of Coldwell Banker Townside Bburg $171,000 3 bd / 1.5 ba 1,307 sq ft $131/sq ft
Ellett RdListing courtesy of Coldwell Banker Townside Bburg $94,000 2 bd / 1 ba 942 sq ft $100/sq ft
Breckenridge DrListing courtesy of Gracious Living Preston Forest $280,000 3 bd / 2.5 ba 2,316 sq ft $121/sq ft
Courtney CirListing courtesy of Coldwell Banker Townside Bburg Echols Village $245,000 4 bd / 2.5 ba 1,756 sq ft $140/sq ft
Southampton CtListing courtesy of Long & Foster - Blacksburg Oak Manor $201,000 4 bd / 2.5 ba 1,848 sq ft $109/sq ft
Lancaster DrListing courtesy of Long & Foster - Blacksburg Stroubles Mill $425,000 4 bd / 3.5 ba 4,021 sq ft $106/sq ft
Honeysuckle DrListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $342,406 3 bd / 3 ba 2,162 sq ft $158/sq ft
Prospect StListing courtesy of NextHome New River Valley $271,500 3 bd 1,488 sq ft $182/sq ft
Prospect StListing courtesy of NextHome New River Valley Fiddler's Green $271,500 3 bd 1,488 sq ft $182/sq ft
Wren CtListing courtesy of Long & Foster - Blacksburg Preston Forest $390,000 3 bd / 2.5 ba 2,840 sq ft $137/sq ft
Chestnut DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $325,000 4 bd / 2.5 ba 2,600 sq ft $125/sq ft
Maywood StListing courtesy of Long & Foster - Blacksburg $230,000 3 bd / 2 ba 2,128 sq ft $108/sq ft
GardenspringListing courtesy of NextHome New River Valley Crestwood Gardens $219,500 3 bd / 2.5 ba 1,452 sq ft $151/sq ft
Brightwood Manor DriveListing courtesy of Whiting Real Estate Brightwood Manor $99,000 2 bd / 1 ba 978 sq ft $101/sq ft
Old Fort RdListing courtesy of Long & Foster - Blacksburg Montgomery Farms $230,000 4 bd / 3 ba 2,293 sq ft $100/sq ft
Camelot CtListing courtesy of Long & Foster - Blacksburg Oak Manor $200,000 3 bd / 2.5 ba 1,692 sq ft $118/sq ft
Laurel DrListing courtesy of Coldwell Banker Townside Bburg Laurel Ridge $405,000 3 bd / 3.5 ba 3,460 sq ft $117/sq ft
Hearthstone DrListing courtesy of Long & Foster - Blacksburg Dickerson $265,000 3 bd / 2.5 ba 2,160 sq ft $123/sq ft
Cedar Hill DrListing courtesy of CHP Realty LLC Cedar Hill $218,000 3 bd / 2.5 ba 1,424 sq ft $153/sq ft
Draper RdListing courtesy of Coldwell Banker Townside Bburg Miller Southside $309,000 3 bd / 2 ba 1,403 sq ft $220/sq ft
Courtney CirListing courtesy of NextHome New River Valley Echols Village $215,000 3 bd / 2.5 ba 1,596 sq ft $135/sq ft
Sussex DriveListing courtesy of McNeil Real Estate Carriage Hill $147,000 3 bd / 1.5 ba 1,240 sq ft $119/sq ft
Honeysuckle DrListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $250,000 2 bd / 2.5 ba 2,390 sq ft $105/sq ft
Newton CtListing courtesy of NextHome New River Valley Hethwood $174,000 3 bd / 1.5 ba 1,342 sq ft $130/sq ft
Jennelle RoadListing courtesy of Coldwell Banker Townside Bburg $141,000 2 bd / 1 ba 1,200 sq ft $118/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in May 2010?

The median sale price for homes in Blacksburg in May 2010 was $230,000, across 32 sales on record (land excluded). A year earlier, in May 2009, it was $240,000.

How many homes sold in Blacksburg in May 2010?

32 homes sold in Blacksburg in May 2010, compared with 40 in April 2010 and 35 in May 2009.

How fast did homes sell in Blacksburg in May 2010?

Homes that sold in May 2010 spent a median of 50 days on the market, and 25% sold at or above their original asking price.

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