Blacksburg market report

Blacksburg housing market, April 2012.

In April 2012, 30 homes sold in Blacksburg at a median price of $232,750. In April 2011, 27 homes sold at a median of $259,000. Homes that sold spent a median of 43 days on the market and sold for a median of 96% of their original asking price.

30

Homes sold

27 a year earlier

$233K

Median sale price

Down 10% from a year earlier

$126

Per square foot

Median, sold homes

43

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

43

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in April 2012. Land excluded.

April 2012

The month in charts.

Sales by type: 24 single-family houses, 4 townhouses and 2 condos.

Median sale price by month

The 13 months through April 2012. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through April 2012Apr 11: $259K. Apr 12: $233K. Lowest $159K (Jan 12), highest $259K (Apr 11).Apr 11: $259KMay 11: $235KJun 11: $247KJul 11: $246KAug 11: $253KSep 11: $223KOct 11: $185KNov 11: $203KDec 11: $249KJan 12: $159KFeb 12: $198KMar 12: $230KApr 12: $233K
Median home sale price in Blacksburg by month, 13 months through April 2012
PeriodMedian sale price
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
Feb 12$198K
Mar 12$230K
Apr 12$233K

Homes sold per month

April 2012 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2012Apr 11: 27. Apr 12: 30. Lowest 10 (Nov 11), highest 45 (Aug 11).Apr 11: 27May 11: 31Jun 11: 43Jul 11: 40Aug 11: 45Sep 11: 19Oct 11: 19Nov 11: 10Dec 11: 29Jan 12: 20Feb 12: 18Mar 12: 25Apr 12: 30
Homes sold in Blacksburg per month, 13 months through April 2012
PeriodHomes sold
Apr 1127
May 1131
Jun 1143
Jul 1140
Aug 1145
Sep 1119
Oct 1119
Nov 1110
Dec 1129
Jan 1220
Feb 1218
Mar 1225
Apr 1230

Sales by price

April 2012.

  • Under $250K 17 sold
  • $250K to $350K 12 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2012.

Sales

Every sale in April 2012.

Final sale prices, newest first.

Homes sold in Blacksburg in April 2012
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Brook CirListing courtesy of Long & Foster - Blacksburg Brookfield Village $349,000 4 bd / 3.5 ba 2,560 sq ft $136/sq ft
Cottonwood DrListing courtesy of Long & Foster - Blacksburg Woodbine $285,000 3 bd / 2.5 ba 1,580 sq ft $180/sq ft
Seneca DrListing courtesy of Long & Foster - Blacksburg Hunters Ridge $124,000 4 bd / 2 ba 967 sq ft $128/sq ft
Centennial RdListing courtesy of CENTURY 21 Rice Realty $120,000 3 bd / 2 ba 1,710 sq ft $70/sq ft
Blue Jay LnListing courtesy of Graham & David Real Estate Inc $300,000 2 bd / 2 ba 1,870 sq ft $160/sq ft
Cedar Hill DriveListing courtesy of RE/MAX 8 - Blacksburg Cedar Hill $232,500 3 bd / 2.5 ba 2,032 sq ft $114/sq ft
Terra Bella StreetListing courtesy of Coldwell Banker Townside Bburg Mission Hills $223,000 3 bd / 2 ba 1,676 sq ft $133/sq ft
CranwellListing courtesy of Coldwell Banker Townside Bburg Hardie Hills $257,000 3 bd / 2.5 ba 2,396 sq ft $107/sq ft
Lucas DrListing courtesy of Bondurant Realty Corp. Dundas Heights $212,500 3 bd / 2 ba 1,600 sq ft $133/sq ft
Honeysuckle DrListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $289,900 3 bd / 2.5 ba 2,088 sq ft $139/sq ft
Robin RoadListing courtesy of Long & Foster - Blacksburg Karr Heights $139,900 4 bd / 3 ba 2,436 sq ft $57/sq ft
Maplewood LnListing courtesy of Coldwell Banker Townside Bburg Gladewood $276,000 4 bd / 2.5 ba 2,506 sq ft $110/sq ft
Deercroft DrListing courtesy of Coldwell Banker Townside Bburg Deercroft $550,000 6 bd / 5.5 ba 5,110 sq ft $108/sq ft
Village Way NListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $328,000 3 bd / 2.5 ba 2,188 sq ft $150/sq ft
Chelsea CourtListing courtesy of CENTURY 21 Rice Realty Haymarket Square $171,000 3 bd / 2 ba 1,740 sq ft $98/sq ft
Floyd StreetListing courtesy of Coldwell Banker Townside Bburg Cedar Orchard $299,350 4 bd / 3 ba 2,400 sq ft $125/sq ft
Mountain Breeze DriveListing courtesy of Long & Foster - Blacksburg Maple Ridge $233,000 4 bd / 3 ba 2,351 sq ft $99/sq ft
Aden LnListing courtesy of Gallery, Inc. Echols Village $217,500 3 bd / 2.5 ba 1,592 sq ft $137/sq ft
Berryfield LaneListing courtesy of RE/MAX 8 - Blacksburg Berryfield $138,500 3 bd / 2 ba 1,061 sq ft $131/sq ft
Heritage LnListing courtesy of Long & Foster - Blacksburg Stroubles Mill $345,000 5 bd / 4 ba 3,212 sq ft $107/sq ft
Brush MountainListing courtesy of RE/MAX 8 - Blacksburg Brush Mountain West $338,000 3 bd / 3 ba 3,300 sq ft $102/sq ft
Wrights WayListing courtesy of McNeil Real Estate $212,000 3 bd / 3 ba 1,750 sq ft $121/sq ft
Patrick Henry DrListing courtesy of RE/MAX 8 - Blacksburg $173,000 4 bd / 3 ba 1,280 sq ft $135/sq ft
Pheasant Run DriveListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $172,000 4 bd / 2.5 ba 1,480 sq ft $116/sq ft
Courtney CircleListing courtesy of Coldwell Banker Townside Bburg Echols Village $185,000 3 bd / 2.5 ba 1,452 sq ft $127/sq ft
Mourning Dove DrListing courtesy of Coldwell Banker Townside Bburg Meadow Run $250,000 3 bd / 2.5 ba 2,582 sq ft $97/sq ft
Bishop RdListing courtesy of NextHome New River Valley $241,000 3 bd / 2.5 ba 1,878 sq ft $128/sq ft
Winslow DriveListing courtesy of Coldwell Banker Townside Bburg $264,000 3 bd / 2.5 ba 1,639 sq ft $161/sq ft
Buchanan DriveListing courtesy of RE/MAX 8 Christiansburg McBryde Village $219,000 3 bd / 3 ba 2,129 sq ft $103/sq ft
Broken Oak DrListing courtesy of Long & Foster - Blacksburg Woodbine $224,000 3 bd / 3 ba 1,750 sq ft $128/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in April 2012?

The median sale price for homes in Blacksburg in April 2012 was $232,750, across 30 sales on record (land excluded). A year earlier, in April 2011, it was $259,000.

How many homes sold in Blacksburg in April 2012?

30 homes sold in Blacksburg in April 2012, compared with 25 in March 2012 and 27 in April 2011.

How fast did homes sell in Blacksburg in April 2012?

Homes that sold in April 2012 spent a median of 43 days on the market, and 17% sold at or above their original asking price.

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