Blacksburg market report

Blacksburg housing market, May 2011.

In May 2011, 31 homes sold in Blacksburg at a median price of $235,000. In May 2010, 32 homes sold at a median of $230,000. Homes that sold spent a median of 31 days on the market and sold for a median of 95% of their original asking price.

31

Homes sold

32 a year earlier

$235K

Median sale price

Up 2% from a year earlier

$124

Per square foot

Median, sold homes

31

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

27

New listings

Homes listed this month

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

May 2011

The month in charts.

Sales by type: 22 single-family houses, 7 condos and 2 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through May 2011May 10: $230K. May 11: $235K. Lowest $170K (Feb 11), highest $407K (Sep 10).May 10: $230KJun 10: $246KJul 10: $243KAug 10: $246KSep 10: $407KOct 10: $206KNov 10: $227KDec 10: $220KJan 11: $227KFeb 11: $170KMar 11: $242KApr 11: $259KMay 11: $235K
Median home sale price in Blacksburg by month, 13 months through May 2011
PeriodMedian sale price
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
May 11$235K

Homes sold per month

May 2011 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2011May 10: 32. May 11: 31. Lowest 10 (Sep 10), highest 52 (Jun 10).May 10: 32Jun 10: 52Jul 10: 42Aug 10: 23Sep 10: 10Oct 10: 12Nov 10: 20Dec 10: 24Jan 11: 18Feb 11: 11Mar 11: 36Apr 11: 27May 11: 31
Homes sold in Blacksburg per month, 13 months through May 2011
PeriodHomes sold
May 1032
Jun 1052
Jul 1042
Aug 1023
Sep 1010
Oct 1012
Nov 1020
Dec 1024
Jan 1118
Feb 1111
Mar 1136
Apr 1127
May 1131

Sales by price

May 2011.

  • Under $250K 18 sold
  • $250K to $350K 9 sold
  • $350K to $500K 3 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2011.

Sales

Every sale in May 2011.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2011
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Ellett RdListing courtesy of Coldwell Banker Townside Bburg $235,000 3 bd / 2 ba 1,812 sq ft $130/sq ft
Graves AveListing courtesy of RE/MAX Valley-Blacksburg $205,000 3 bd / 2 ba 1,104 sq ft $186/sq ft
Charles StListing courtesy of Coldwell Banker Townside Bburg Piedmont $138,500 3 bd / 2 ba 1,344 sq ft $103/sq ft
Hearthstone DriveListing courtesy of Coldwell Banker Townside Bburg Dickerson $360,000 4 bd / 2.5 ba 2,436 sq ft $148/sq ft
Ashford CourtListing courtesy of Page & Assoc. Real Estate $270,000 4 bd / 2.5 ba 1,871 sq ft $144/sq ft
Ellett RoadListing courtesy of Coldwell Banker Townside Bburg $177,500 3 bd / 2 ba 1,332 sq ft $133/sq ft
WildflowerListing courtesy of Long & Foster - Blacksburg $307,500 3 bd / 2.5 ba 2,148 sq ft $143/sq ft
Mountainside DrListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $328,000 4 bd / 3 ba 2,988 sq ft $110/sq ft
Sandy CirListing courtesy of Long & Foster - Blacksburg Montgomery Farms $153,000 3 bd / 2 ba 1,200 sq ft $128/sq ft
Jefferson StListing courtesy of Long & Foster - Blacksburg Fiddler's Green $339,950 4 bd / 2.5 ba 2,175 sq ft $156/sq ft
Prospect StreetListing courtesy of Gallery, Inc. Fiddler's Green $257,000 3 bd / 2.5 ba 1,584 sq ft $162/sq ft
McCoy RdListing courtesy of Long & Foster - Blacksburg $178,000 4 bd / 2 ba 1,720 sq ft $103/sq ft
Charles StListing courtesy of Long & Foster - Blacksburg Piedmont $125,500 2 bd / 1 ba 1,020 sq ft $123/sq ft
Horseshoe LnListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $242,900 5 bd / 2.5 ba 2,272 sq ft $107/sq ft
EvergreenListing courtesy of Long & Foster - Blacksburg Brush Mountain West $324,000 4 bd / 3.5 ba 2,481 sq ft $131/sq ft
Palmer DrListing courtesy of RE/MAX 8 - Blacksburg The Villas at Fiddlers Green $295,000 3 bd / 2.5 ba 1,820 sq ft $162/sq ft
Lick RunListing courtesy of Long & Foster - Blacksburg $236,000 3 bd / 2 ba 2,240 sq ft $105/sq ft
Kentwood DrListing courtesy of Coldwell Banker Townside Bburg Mountain View $172,500 4 bd / 3 ba 2,009 sq ft $86/sq ft
Thomas LnListing courtesy of Graham & David Real Estate Inc $65,500 2 bd / 2 ba 924 sq ft $71/sq ft
University TerListing courtesy of Long & Foster - Blacksburg University Terrace $121,000 4 bd / 2 ba 975 sq ft $124/sq ft
Primrose DrListing courtesy of Coldwell Banker Townside Bburg Countryside Estates $422,000 4 bd / 3.5 ba 3,600 sq ft $117/sq ft
Brush Mountain Road WListing courtesy of RE/MAX 8 - Blacksburg Brush Mountain West $300,000 3 bd / 2.5 ba 3,053 sq ft $98/sq ft
Heights LaneListing courtesy of Blacksburg Real Estate, Inc. The Heights $230,000 3 bd / 3.5 ba 1,744 sq ft $132/sq ft
Fairfax RdListing courtesy of RE/MAX 8 - Blacksburg $155,000 2 bd / 2.5 ba 1,287 sq ft $120/sq ft
SunridgeListing courtesy of Coldwell Banker Townside Bburg Sundance Ridge $106,000 1 bd / 1 ba 625 sq ft $170/sq ft
Brightwood ManorListing courtesy of RE/MAX 8 - Blacksburg Brightwood Manor $78,000 2 bd / 1 ba 978 sq ft $80/sq ft
LeisureListing courtesy of NextHome New River Valley Cedar Orchard $365,000 6 bd / 3 ba 3,468 sq ft $105/sq ft
Brush Mtn RoadListing courtesy of CENTURY 21 Rice Realty Brush Mountain West $164,800 4 bd / 2 ba 2,284 sq ft $72/sq ft
North Knollwood DrListing courtesy of Long & Foster - Blacksburg Knollwood $182,000 3 bd / 2 ba 1,307 sq ft $139/sq ft
Birch LeafListing courtesy of NextHome New River Valley Wyatt Farm $565,000 5 bd / 3.5 ba 3,663 sq ft $154/sq ft
Brush Mountain RoadListing courtesy of NextHome New River Valley Brush Mountain West $252,000 3 bd / 3 ba 2,363 sq ft $107/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2011 was $235,000, across 31 sales on record (land excluded). A year earlier, in May 2010, it was $230,000.

How many homes sold in Blacksburg in May 2011?

31 homes sold in Blacksburg in May 2011, compared with 27 in April 2011 and 32 in May 2010.

How fast did homes sell in Blacksburg in May 2011?

Homes that sold in May 2011 spent a median of 31 days on the market, and 13% sold at or above their original asking price.

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