Blacksburg market report
Blacksburg housing market, January 2012.
In January 2012, 20 homes sold in Blacksburg at a median price of $158,500. In January 2011, 18 homes sold at a median of $226,500. Homes that sold spent a median of 144 days on the market and sold for a median of 92% of their original asking price.
20
Homes sold
18 a year earlier
$159K
Median sale price
Down 30% from a year earlier
$116
Per square foot
Median, sold homes
144
Days on market
Median, sold homes
92%
Of asking price
Median sale to original list
25
New listings
Homes listed this month
Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2012. Land excluded.
January 2012
The month in charts.
Sales by type: 10 single-family houses, 6 condos and 4 townhouses.
Median sale price by month
The 13 months through January 2012. Single months move around; the market page shows the 12-month trend.
| Period | Median sale price |
|---|---|
| Jan 11 | $227K |
| Feb 11 | $170K |
| Mar 11 | $242K |
| Apr 11 | $259K |
| May 11 | $235K |
| Jun 11 | $247K |
| Jul 11 | $246K |
| Aug 11 | $253K |
| Sep 11 | $223K |
| Oct 11 | $185K |
| Nov 11 | $203K |
| Dec 11 | $249K |
| Jan 12 | $159K |
Homes sold per month
January 2012 highlighted.
Sales by price
January 2012.
Sales by neighborhood
Neighborhoods with the most sales in January 2012.
Sales
Every sale in January 2012.
Final sale prices, newest first.
| Address | Neighborhood | Sold | Price | Beds / baths | Sq ft | Per sq ft |
|---|---|---|---|---|---|---|
| Oriole DriveListing courtesy of Long & Foster - Blacksburg | The Glen | $245,000 | 4 bd / 2.5 ba | 1,927 sq ft | $127/sq ft | |
| Cedar Hill DrListing courtesy of Coldwell Banker Townside Bburg | Cedar Hill | $172,500 | 3 bd / 2.5 ba | 1,439 sq ft | $120/sq ft | |
| University CityListing courtesy of RE/MAX 8 - Blacksburg | $55,000 | 1 bd / 1 ba | 312 sq ft | $176/sq ft | ||
| Emerald StListing courtesy of RE/MAX Valley-Roanoke | $151,500 | 3 bd / 2.5 ba | 1,280 sq ft | $118/sq ft | ||
| Stonegate DrListing courtesy of Long & Foster - Blacksburg | Stonegate | $246,000 | 4 bd / 2.5 ba | 2,605 sq ft | $94/sq ft | |
| Woods EdgeListing courtesy of Long & Foster - Blacksburg | The Orchards | $188,000 | 2 bd / 2.5 ba | 1,503 sq ft | $125/sq ft | |
| Wakefield DrListing courtesy of RE/MAX 8 - Blacksburg | Stroubles Mill | $425,000 | 4 bd / 4 ba | 4,556 sq ft | $93/sq ft | |
| Jefferson Forest LnListing courtesy of Coldwell Banker Townside Bburg | Preston Forest | $340,000 | 4 bd / 3.5 ba | 2,311 sq ft | $147/sq ft | |
| Merrimac RdListing courtesy of CENTURY 21 Rice Realty | $130,000 | 4 bd / 2 ba | 1,620 sq ft | $80/sq ft | ||
| KnollwoodListing courtesy of NextHome New River Valley | Knollwood | $125,000 | 1 bd / 1 ba | 770 sq ft | $162/sq ft | |
| University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc. | University Terrace | $125,000 | 4 bd / 2 ba | 1,071 sq ft | $117/sq ft | |
| Long Shop RdListing courtesy of NextHome New River Valley | $144,900 | 2 bd / 1 ba | 1,085 sq ft | $134/sq ft | ||
| Kennedy AveListing courtesy of RE/MAX 8 - Blacksburg | $185,000 | 4 bd / 3 ba | 1,917 sq ft | $97/sq ft | ||
| Clover Valley CircleListing courtesy of NextHome New River Valley | Clover Valley | $137,500 | 4 bd / 2.5 ba | 1,480 sq ft | $93/sq ft | |
| University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc. | University Terrace | $127,000 | 4 bd / 2 ba | 1,095 sq ft | $116/sq ft | |
| Edgewood LnListing courtesy of Long & Foster - Blacksburg | Miller Southside | $225,000 | 4 bd / 2 ba | 1,863 sq ft | $121/sq ft | |
| SunridgeListing courtesy of RE/MAX 8 - Blacksburg | Sundance Ridge | $120,000 | 3 bd / 2 ba | 1,084 sq ft | $111/sq ft | |
| C-9 Brightwood Manor DrListing courtesy of RE/MAX 8 - Blacksburg | Brightwood Manor | $92,000 | 2 bd / 1 ba | 978 sq ft | $94/sq ft | |
| W Cedar Orchard DriveListing courtesy of Long & Foster - Blacksburg | Cedar Orchard | $353,000 | 4 bd / 2.5 ba | 3,225 sq ft | $109/sq ft | |
| Janie LaneListing courtesy of RE/MAX 8 - Blacksburg | Pheasant Run | $165,500 | 4 bd / 2.5 ba | 1,480 sq ft | $112/sq ft |
FAQ
Questions? Answers.
What was the median home price in Blacksburg in January 2012?
The median sale price for homes in Blacksburg in January 2012 was $158,500, across 20 sales on record (land excluded). A year earlier, in January 2011, it was $226,500.
How many homes sold in Blacksburg in January 2012?
20 homes sold in Blacksburg in January 2012, compared with 29 in December 2011 and 18 in January 2011.
How fast did homes sell in Blacksburg in January 2012?
Homes that sold in January 2012 spent a median of 144 days on the market, and 5% sold at or above their original asking price.
Alerts
New listings, first.
Get an email when a Blacksburg home lists, drops in price or sells. Nothing else.