Blacksburg market report

Blacksburg housing market, August 2012.

In August 2012, 31 homes sold in Blacksburg at a median price of $246,000. In August 2011, 45 homes sold at a median of $253,000. Homes that sold spent a median of 41 days on the market and sold for a median of 95% of their original asking price.

31

Homes sold

45 a year earlier

$246K

Median sale price

Down 3% from a year earlier

$122

Per square foot

Median, sold homes

41

Days on market

Median, sold homes

95%

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 August 2012. Land excluded.

August 2012

The month in charts.

Sales by type: 23 single-family houses, 5 townhouses and 3 condos.

Median sale price by month

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

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

Homes sold per month

August 2012 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2012Aug 11: 45. Aug 12: 31. Lowest 10 (Nov 11), highest 52 (Jun 12).Aug 11: 45Sep 11: 19Oct 11: 19Nov 11: 10Dec 11: 29Jan 12: 20Feb 12: 18Mar 12: 25Apr 12: 30May 12: 37Jun 12: 52Jul 12: 44Aug 12: 31
Homes sold in Blacksburg per month, 13 months through August 2012
PeriodHomes sold
Aug 1145
Sep 1119
Oct 1119
Nov 1110
Dec 1129
Jan 1220
Feb 1218
Mar 1225
Apr 1230
May 1237
Jun 1252
Jul 1244
Aug 1231

Sales by price

August 2012.

  • Under $250K 17 sold
  • $250K to $350K 11 sold
  • $350K to $500K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2012.

Sales

Every sale in August 2012.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2012
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Honeysuckle DrListing courtesy of RE/MAX 8 - Blacksburg The Village at Tom's Creek $325,250 3 bd / 2.5 ba 2,279 sq ft $143/sq ft
OverlookListing courtesy of Coldwell Banker Townside Bburg $325,000 4 bd / 2 ba 1,800 sq ft $181/sq ft
Cherokee DriveListing courtesy of Coldwell Banker Townside Bburg Shenandoah $269,900 3 bd / 2.5 ba 2,580 sq ft $105/sq ft
Oriole DrListing courtesy of NextHome New River Valley Karr Heights $255,000 3 bd / 2.5 ba 2,056 sq ft $124/sq ft
Edwards LnListing courtesy of Coldwell Banker Townside Bburg Vista Pointe $202,500 3 bd / 2 ba 1,661 sq ft $122/sq ft
Primrose DriveListing courtesy of RE/MAX 8 - Blacksburg Countryside Estates $409,000 5 bd / 2.5 ba 3,760 sq ft $109/sq ft
A-11 Brightwood Manor DrListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $88,000 2 bd / 1 ba 978 sq ft $90/sq ft
Glade RdListing courtesy of RE/MAX 8 - Blacksburg $300,000 3 bd / 2.5 ba 2,797 sq ft $107/sq ft
Hardwick StreetListing courtesy of RE/MAX Valley-Roanoke Wyatt Farm $480,000 5 bd / 3.5 ba 3,536 sq ft $136/sq ft
Highland CirListing courtesy of RE/MAX 8 - Blacksburg Highland Park $224,150 4 bd / 3 ba 2,250 sq ft $100/sq ft
Fallam RdListing courtesy of Long & Foster - Blacksburg $330,000 4 bd / 3 ba 3,300 sq ft $100/sq ft
Big Falls RdListing courtesy of RE/MAX 8 - Blacksburg $275,000 4 bd / 2 ba 1,640 sq ft $168/sq ft
Karr LnListing courtesy of Long & Foster - Blacksburg Gladewood $280,250 4 bd / 2.5 ba 2,294 sq ft $122/sq ft
Pheasant Run CtListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $175,000 4 bd / 2.5 ba 1,480 sq ft $118/sq ft
McCoyListing courtesy of Long & Foster - Blacksburg $205,000 2 bd / 2 ba 1,440 sq ft $142/sq ft
Stonegate DrListing courtesy of Long & Foster - Blacksburg Stonegate $260,000 6 bd / 3 ba 2,958 sq ft $88/sq ft
Brook CirListing courtesy of Long & Foster - Blacksburg Brookfield Village $257,000 4 bd / 2.5 ba 2,060 sq ft $125/sq ft
Mourning Dove DriveListing courtesy of NextHome New River Valley Meadow Run $284,000 4 bd / 2.5 ba 2,484 sq ft $114/sq ft
Burruss DriveListing courtesy of Long & Foster - Blacksburg McBryde Village $174,500 2 bd / 1 ba 989 sq ft $176/sq ft
Henry LaneListing courtesy of McNeil Real Estate Patrick Henry $130,000 2 bd / 2 ba 900 sq ft $144/sq ft
Harding RdListing courtesy of RE/MAX 8 - Blacksburg $79,500 1 bd / 1 ba 672 sq ft $118/sq ft
Janie LaneListing courtesy of Long & Foster - Blacksburg Pheasant Run $158,500 4 bd / 2.5 ba 1,480 sq ft $107/sq ft
Mourning Dove DriveListing courtesy of RE/MAX 8 - Blacksburg Meadow Run $230,000 3 bd / 2.5 ba 1,956 sq ft $118/sq ft
Wellesley CourtListing courtesy of Long & Foster - Blacksburg Haymarket Square $179,000 3 bd / 2.5 ba 1,342 sq ft $133/sq ft
Laurence LaneListing courtesy of Burnette Real Estate Sales & Management Inc. Pheasant Run Crossing $156,000 4 bd / 2.5 ba 1,512 sq ft $103/sq ft
University CityListing courtesy of Coldwell Banker Townside Bburg Sundance Village $70,000 1 bd / 1 ba 432 sq ft $162/sq ft
Millstone Ridge RdListing courtesy of Coldwell Banker Townside Bburg $360,000 3 bd / 2.5 ba 2,413 sq ft $149/sq ft
Meadowview CirListing courtesy of Coldwell Banker Townside Bburg Westover Hills $249,000 4 bd / 2.5 ba 2,240 sq ft $111/sq ft
Natures Waye RdListing courtesy of Home Discovery, REALTORS $246,000 3 bd / 3.5 ba 2,902 sq ft $85/sq ft
Cottonwood DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $229,000 3 bd / 2.5 ba 1,434 sq ft $160/sq ft
Gardenspring DrListing courtesy of NextHome New River Valley Crestwood Gardens $180,000 3 bd / 2.5 ba 1,460 sq ft $123/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2012 was $246,000, across 31 sales on record (land excluded). A year earlier, in August 2011, it was $253,000.

How many homes sold in Blacksburg in August 2012?

31 homes sold in Blacksburg in August 2012, compared with 44 in July 2012 and 45 in August 2011.

How fast did homes sell in Blacksburg in August 2012?

Homes that sold in August 2012 spent a median of 41 days on the market, and 10% 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.

A local real estate professional will send these updates. Your email is used only for these alerts, and you can stop them anytime by replying to any update.