Blacksburg market report

Blacksburg housing market, April 2011.

In April 2011, 27 homes sold in Blacksburg at a median price of $259,000. In April 2010, 40 homes sold at a median of $209,000. Homes that sold spent a median of 58 days on the market and sold for a median of 94% of their original asking price.

27

Homes sold

40 a year earlier

$259K

Median sale price

Up 24% from a year earlier

$117

Per square foot

Median, sold homes

58

Days on market

Median, sold homes

94%

Of asking price

Median sale to original list

49

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in April 2011. Land excluded.

April 2011

The month in charts.

Sales by type: 18 single-family houses, 7 townhouses and 2 condos.

Median sale price by month

The 13 months through April 2011. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through April 2011Apr 10: $209K. Apr 11: $259K. Lowest $170K (Feb 11), highest $407K (Sep 10).Apr 10: $209KMay 10: $230KJun 10: $246KJul 10: $243KAug 10: $246KSep 10: $407KOct 10: $206KNov 10: $227KDec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259K
Median home sale price in Blacksburg by month, 13 months through April 2011
PeriodMedian sale price
Apr 10$209K
May 10$230K
Jun 10$246K
Jul 10$243K
Aug 10$246K
Sep 10$407K
Oct 10$206K
Nov 10$227K
Dec 10$220K
Jan 11$227K
Feb 11$170K
Mar 11$242K
Apr 11$259K

Homes sold per month

April 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2011Apr 10: 40. Apr 11: 27. Lowest 10 (Sep 10), highest 52 (Jun 10).Apr 10: 40May 10: 32Jun 10: 52Jul 10: 42Aug 10: 23Sep 10: 10Oct 10: 12Nov 10: 20Dec 10: 24Jan 11: 18Feb 11: 11Mar 11: 36Apr 11: 27
Homes sold in Blacksburg per month, 13 months through April 2011
PeriodHomes sold
Apr 1040
May 1032
Jun 1052
Jul 1042
Aug 1023
Sep 1010
Oct 1012
Nov 1020
Dec 1024
Jan 1118
Feb 1111
Mar 1136
Apr 1127

Sales by price

April 2011.

  • Under $250K 13 sold
  • $250K to $350K 6 sold
  • $350K to $500K 7 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2011.

Sales

Every sale in April 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in April 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Chateau Ct Vistas $290,000 3 bd / 3.5 ba 3,069 sq ft $94/sq ft
Halfpenny LnListing courtesy of Long & Foster - Blacksburg Preston Forest $360,000 4 bd / 3 ba 4,275 sq ft $84/sq ft
Prospect StreetListing courtesy of Gallery, Inc. Fiddler's Green $259,000 3 bd / 2.5 ba 1,584 sq ft $164/sq ft
NorthListing courtesy of Long & Foster - Blacksburg $200,000 3 bd / 2 ba 1,616 sq ft $124/sq ft
Merrimac RoadListing courtesy of CENTURY 21 Rice Realty $118,000 3 bd / 1 ba 1,204 sq ft $98/sq ft
WillardListing courtesy of RE/MAX Valley-Blacksburg Fiddler's Green $485,000 5 bd / 3 ba 3,200 sq ft $152/sq ft
Reagan RdListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $472,000 5 bd / 4 ba 4,138 sq ft $114/sq ft
Ridge RdListing courtesy of Coldwell Banker Townside Bburg Ramble Ridge $170,000 3 bd / 3.5 ba 1,920 sq ft $89/sq ft
Harding RoadListing courtesy of Coldwell Banker Townside Bburg $115,500 3 bd / 1 ba 1,248 sq ft $93/sq ft
Long Shop RdListing courtesy of Gracious Living Realty $143,100 3 bd / 2 ba 1,612 sq ft $89/sq ft
Albemarle LaneListing courtesy of NextHome New River Valley Stroubles Mill $384,000 5 bd / 3 ba 2,810 sq ft $137/sq ft
Mountainside DrListing courtesy of RE/MAX 8 - Blacksburg Blacksburg Country Club $240,500 3 bd / 3 ba 1,520 sq ft $158/sq ft
Honeysuckle DriveListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $279,900 3 bd / 2.5 ba 1,929 sq ft $145/sq ft
McCoy RoadListing courtesy of Mandell Real Estate Group $189,000 3 bd / 2 ba 2,608 sq ft $72/sq ft
Susannah DriveListing courtesy of Long & Foster - Blacksburg Preston Forest $399,000 4 bd / 3 ba 3,190 sq ft $125/sq ft
MainListing courtesy of Blacksburg Real Estate, Inc. Clay Court Condominiums $375,000 1 bd / 2 ba 1,550 sq ft $242/sq ft
Cedar Hill DrListing courtesy of RE/MAX 8 - Blacksburg Cedar Hill $245,000 4 bd / 3.5 ba 2,216 sq ft $111/sq ft
Southampton CtListing courtesy of RE/MAX 8 - Blacksburg Oak Manor $195,000 4 bd / 2.5 ba 1,848 sq ft $106/sq ft
Lucas DrListing courtesy of Long & Foster - Blacksburg $260,000 3 bd / 2 ba 1,980 sq ft $131/sq ft
Marlington StreetListing courtesy of RE/MAX 8 - Blacksburg Piedmont $115,500 2 bd / 1 ba 966 sq ft $120/sq ft
Woods Edge CourtListing courtesy of NRV Property The Orchards $215,000 3 bd / 2.5 ba 1,833 sq ft $117/sq ft
Wildflower LaneListing courtesy of Long & Foster - Blacksburg $317,000 4 bd / 3.5 ba 3,028 sq ft $105/sq ft
Countryside CtListing courtesy of NextHome New River Valley Countryside Estates $284,000 3 bd / 2.5 ba 2,065 sq ft $138/sq ft
Newton CourtListing courtesy of Long & Foster - Blacksburg Haymarket Square $171,000 3 bd / 2.5 ba 1,342 sq ft $127/sq ft
Birch Leaf LnListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $480,000 4 bd / 3.5 ba 4,326 sq ft $111/sq ft
Redbud RoadListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $549,000 4 bd / 3.5 ba 3,288 sq ft $167/sq ft
Prices Fork RdListing courtesy of Gracious Living Realty $85,000 3 bd / 2 ba 1,512 sq ft $56/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in April 2011?

The median sale price for homes in Blacksburg in April 2011 was $259,000, across 27 sales on record (land excluded). A year earlier, in April 2010, it was $209,000.

How many homes sold in Blacksburg in April 2011?

27 homes sold in Blacksburg in April 2011, compared with 36 in March 2011 and 40 in April 2010.

How fast did homes sell in Blacksburg in April 2011?

Homes that sold in April 2011 spent a median of 58 days on the market, and 11% sold at or above their original asking price.

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