Blacksburg market report

Blacksburg housing market, July 2012.

In July 2012, 44 homes sold in Blacksburg at a median price of $250,000. In July 2011, 40 homes sold at a median of $245,750. Homes that sold spent a median of 38 days on the market and sold for a median of 96% of their original asking price.

44

Homes sold

40 a year earlier

$250K

Median sale price

Up 2% from a year earlier

$116

Per square foot

Median, sold homes

38

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

24

New listings

Homes listed this month

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

July 2012

The month in charts.

Sales by type: 33 single-family houses, 6 condos and 5 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2012Jul 11: $246K. Jul 12: $250K. Lowest $159K (Jan 12), highest $253K (Aug 11).Jul 11: $246KAug 11: $253KSep 11: $223KOct 11: $185KNov 11: $203KDec 11: $249KJan 12: $159KFeb 12: $198KMar 12: $230KApr 12: $233KMay 12: $238KJun 12: $244KJul 12: $250K
Median home sale price in Blacksburg by month, 13 months through July 2012
PeriodMedian sale price
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
May 12$238K
Jun 12$244K
Jul 12$250K

Homes sold per month

July 2012 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2012Jul 11: 40. Jul 12: 44. Lowest 10 (Nov 11), highest 52 (Jun 12).Jul 11: 40Aug 11: 45Sep 11: 19Oct 11: 19Nov 11: 10Dec 11: 29Jan 12: 20Feb 12: 18Mar 12: 25Apr 12: 30May 12: 37Jun 12: 52Jul 12: 44
Homes sold in Blacksburg per month, 13 months through July 2012
PeriodHomes sold
Jul 1140
Aug 1145
Sep 1119
Oct 1119
Nov 1110
Dec 1129
Jan 1220
Feb 1218
Mar 1225
Apr 1230
May 1237
Jun 1252
Jul 1244

Sales by price

July 2012.

  • Under $250K 22 sold
  • $250K to $350K 11 sold
  • $350K to $500K 6 sold
  • $500K to $750K 5 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2012.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2012
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Village Way SouthListing courtesy of NextHome New River Valley The Village at Tom's Creek $412,000 4 bd / 4 ba 3,702 sq ft $111/sq ft
Pheasant Run DrListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $176,000 4 bd / 2.5 ba 1,480 sq ft $119/sq ft
F Henry LaneListing courtesy of RE/MAX 8 - Blacksburg Patrick Henry $118,000 2 bd / 2 ba 936 sq ft $126/sq ft
HenryListing courtesy of Coldwell Banker Townside Bburg Patrick Henry $115,000 2 bd / 2 ba 936 sq ft $123/sq ft
Augusta NationalListing courtesy of NextHome New River Valley Blacksburg Country Club $530,000 5 bd / 3.5 ba 3,906 sq ft $136/sq ft
HoneysuckleListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $287,000 3 bd / 2.5 ba 2,576 sq ft $111/sq ft
Brockton StListing courtesy of Long & Foster - Blacksburg Cedar Orchard $517,500 4 bd / 3.5 ba 4,128 sq ft $125/sq ft
Gladewood DrListing courtesy of Coldwell Banker Townside Bburg Gladewood $219,000 3 bd / 2 ba 1,392 sq ft $157/sq ft
Elizabeth DrListing courtesy of Coldwell Banker Townside Bburg Longview Estates $172,000 4 bd / 2.5 ba 1,970 sq ft $87/sq ft
Progress StListing courtesy of Long & Foster - Blacksburg $150,000 3 bd / 1.5 ba 1,338 sq ft $112/sq ft
Chelsea CtListing courtesy of Long & Foster - Blacksburg Haymarket Square $169,000 3 bd / 3 ba 1,832 sq ft $92/sq ft
Happy Hollow RdListing courtesy of Shirley Sellers, Inc. $393,025 4 bd / 2.5 ba 2,370 sq ft $166/sq ft
Merrimac RdListing courtesy of Long & Foster - Blacksburg $100,000 3 bd / 2 ba 1,296 sq ft $77/sq ft
Cascade CourtListing courtesy of Coldwell Banker Townside Bburg University Place $123,000 3 bd / 2 ba 980 sq ft $126/sq ft
McBryde DriveListing courtesy of Coldwell Banker Townside Bburg McBryde Village $300,000 5 bd / 3.5 ba 3,201 sq ft $94/sq ft
Prospect StListing courtesy of CHP Realty LLC Dickerson $177,000 2 bd / 1.5 ba 1,092 sq ft $162/sq ft
Susannah DriveListing courtesy of NextHome New River Valley Preston Forest $343,000 3 bd / 3.5 ba 3,233 sq ft $106/sq ft
Oriole DrListing courtesy of NextHome New River Valley The Glen $273,000 3 bd / 2.5 ba 1,997 sq ft $137/sq ft
MeadowbrookListing courtesy of RE/MAX 8 - Blacksburg $265,000 5 bd / 3 ba 2,960 sq ft $90/sq ft
Rich CirListing courtesy of RE/MAX 8 - Blacksburg Cedar Orchard $399,000 4 bd / 3 ba 2,916 sq ft $137/sq ft
Broken Oak DriveListing courtesy of Long & Foster - Blacksburg Woodbine $251,000 3 bd / 3.5 ba 2,353 sq ft $107/sq ft
Birch LeafListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $573,000 5 bd / 3.5 ba 3,663 sq ft $156/sq ft
CoheeListing courtesy of Coldwell Banker Townside Bburg Mountain View $485,900 5 bd / 4.5 ba 4,000 sq ft $121/sq ft
Mt Tabor RdListing courtesy of Coldwell Banker Townside Bburg $365,500 4 bd / 4 ba 2,863 sq ft $128/sq ft
Donlee DriveListing courtesy of NextHome New River Valley Piedmont $107,500 3 bd / 1 ba 1,012 sq ft $106/sq ft
Brush MountainListing courtesy of Coldwell Banker Townside Bburg Brush Mountain West $289,000 4 bd / 3 ba 3,356 sq ft $86/sq ft
Janie LaneListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $162,000 3 bd / 2.5 ba 1,480 sq ft $109/sq ft
Liberty LnListing courtesy of Long & Foster - Blacksburg Cascades Pointe $115,000 3 bd / 2 ba 924 sq ft $124/sq ft
ProgressListing courtesy of RE/MAX 8 - Blacksburg Park Place $78,550 2 bd / 1 ba 760 sq ft $103/sq ft
Lucas DrListing courtesy of NextHome New River Valley Dickerson $263,500 3 bd / 3 ba 1,798 sq ft $147/sq ft
Burruss DrListing courtesy of Coldwell Banker Townside Bburg McBryde Village $235,000 3 bd / 2 ba 2,097 sq ft $112/sq ft
Piedmont StListing courtesy of NextHome New River Valley Knob Hill $222,500 4 bd / 3 ba 2,766 sq ft $80/sq ft
Deercroft DrListing courtesy of Long & Foster - Roanoke Office Deercroft $665,000 5 bd / 5.5 ba 5,225 sq ft $127/sq ft
DeercroftListing courtesy of Long & Foster - Roanoke Deercroft $665,000 5 bd / 5.5 ba 5,225 sq ft $127/sq ft
Belaire DriveListing courtesy of RE/MAX 8 - Blacksburg Brush Mountain Estates $297,000 3 bd / 3.5 ba 2,615 sq ft $114/sq ft
Scott DrListing courtesy of RE/MAX 8 - Blacksburg Woodbine $265,000 3 bd / 3 ba 2,374 sq ft $112/sq ft
Draper Road SWListing courtesy of Coldwell Banker Townside Bburg Miller Southside $419,000 4 bd / 3.5 ba 2,010 sq ft $208/sq ft
Poplar Ridge CircleListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $270,000 3 bd / 2.5 ba 2,104 sq ft $128/sq ft
Country Acres RdListing courtesy of RE/MAX 8 - Blacksburg $243,000 3 bd / 2 ba 2,204 sq ft $110/sq ft
Maywood StListing courtesy of Coldwell Banker Townside Bburg $219,500 4 bd / 3 ba 2,068 sq ft $106/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2012 was $250,000, across 44 sales on record (land excluded). A year earlier, in July 2011, it was $245,750.

How many homes sold in Blacksburg in July 2012?

44 homes sold in Blacksburg in July 2012, compared with 52 in June 2012 and 40 in July 2011.

How fast did homes sell in Blacksburg in July 2012?

Homes that sold in July 2012 spent a median of 38 days on the market, and 20% sold at or above their original asking price.

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