Blacksburg market report

Blacksburg housing market, January 2013.

In January 2013, 17 homes sold in Blacksburg at a median price of $217,900. In January 2012, 20 homes sold at a median of $158,500. Homes that sold spent a median of 106 days on the market and sold for a median of 94% of their original asking price.

17

Homes sold

20 a year earlier

$218K

Median sale price

Up 37% from a year earlier

$120

Per square foot

Median, sold homes

106

Days on market

Median, sold homes

94%

Of asking price

Median sale to original list

39

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2013. Land excluded.

January 2013

The month in charts.

Sales by type: 13 single-family houses, 2 condos and 2 townhouses.

Median sale price by month

The 13 months through January 2013. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2013Jan 12: $159K. Jan 13: $218K. Lowest $159K (Jan 12), highest $252K (Sep 12).Jan 12: $159KFeb 12: $198KMar 12: $230KApr 12: $233KMay 12: $238KJun 12: $244KJul 12: $250KAug 12: $246KSep 12: $252KOct 12: $212KNov 12: $210KDec 12: $209KJan 13: $218K
Median home sale price in Blacksburg by month, 13 months through January 2013
PeriodMedian sale price
Jan 12$159K
Feb 12$198K
Mar 12$230K
Apr 12$233K
May 12$238K
Jun 12$244K
Jul 12$250K
Aug 12$246K
Sep 12$252K
Oct 12$212K
Nov 12$210K
Dec 12$209K
Jan 13$218K

Homes sold per month

January 2013 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2013Jan 12: 20. Jan 13: 17. Lowest 17 (Jan 13), highest 52 (Jun 12).Jan 12: 20Feb 12: 18Mar 12: 25Apr 12: 30May 12: 37Jun 12: 52Jul 12: 44Aug 12: 31Sep 12: 23Oct 12: 26Nov 12: 21Dec 12: 25Jan 13: 17
Homes sold in Blacksburg per month, 13 months through January 2013
PeriodHomes sold
Jan 1220
Feb 1218
Mar 1225
Apr 1230
May 1237
Jun 1252
Jul 1244
Aug 1231
Sep 1223
Oct 1226
Nov 1221
Dec 1225
Jan 1317

Sales by price

January 2013.

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

Sales by neighborhood

Neighborhoods with the most sales in January 2013.

Sales

Every sale in January 2013.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2013
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
LibertyListing courtesy of Coldwell Banker Townside Bburg Cascades Pointe $95,000 2 bd / 1 ba 756 sq ft $126/sq ft
Palmer DriveListing courtesy of Blacksburg Real Estate, Inc. Highland Park $194,000 3 bd / 1 ba 1,250 sq ft $155/sq ft
Cedar Orchard Dr WListing courtesy of Long & Foster - Blacksburg Cedar Orchard $380,000 5 bd / 4.5 ba 3,272 sq ft $116/sq ft
Boxwood DriveListing courtesy of Nest Realty Group $380,000 3 bd / 2.5 ba 2,400 sq ft $158/sq ft
Pheasant Run CourtListing courtesy of Long & Foster - Blacksburg Pheasant Run $166,000 4 bd / 2.5 ba 1,480 sq ft $112/sq ft
& 04 Draper RoadListing courtesy of Long & Foster - Blacksburg $85,000 1 bd / 1 ba 776 sq ft $110/sq ft
Aden LnListing courtesy of Gallery, Inc. Echols Village $199,000 3 bd / 2.5 ba 1,452 sq ft $137/sq ft
Blossom Trail EastListing courtesy of NextHome New River Valley The Orchards $193,000 3 bd / 2.5 ba 1,615 sq ft $120/sq ft
Hibiscus LnListing courtesy of Coldwell Banker Townside Bburg $84,500 2 bd / 1 ba 1,047 sq ft $81/sq ft
Primrose DrListing courtesy of Coldwell Banker Townside Bburg Northside Park $250,000 4 bd / 2.5 ba 2,478 sq ft $101/sq ft
Aden LaneListing courtesy of Gallery, Inc. Echols Village $217,900 3 bd / 2.5 ba 1,452 sq ft $150/sq ft
Seneca DriveListing courtesy of RE/MAX 8 - Blacksburg Hunters Ridge $116,000 4 bd / 2 ba 967 sq ft $120/sq ft
Village Way NorthListing courtesy of NextHome New River Valley The Village at Tom's Creek $349,900 3 bd / 2.5 ba 2,276 sq ft $154/sq ft
Petra PassListing courtesy of NextHome New River Valley Mt. Tabor Meadows $380,000 3 bd / 2.5 ba 2,036 sq ft $187/sq ft
Ridgeview DrListing courtesy of Coldwell Banker Townside Bburg Kessler Park $235,000 2 bd / 2 ba 2,296 sq ft $102/sq ft
St Andrews CirListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $335,000 3 bd / 2 ba 2,646 sq ft $127/sq ft
Evergreen TrailListing courtesy of CENTURY 21 Rice Realty Brush Mountain West $218,000 3 bd / 2.5 ba 2,122 sq ft $103/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2013?

The median sale price for homes in Blacksburg in January 2013 was $217,900, across 17 sales on record (land excluded). A year earlier, in January 2012, it was $158,500.

How many homes sold in Blacksburg in January 2013?

17 homes sold in Blacksburg in January 2013, compared with 25 in December 2012 and 20 in January 2012.

How fast did homes sell in Blacksburg in January 2013?

Homes that sold in January 2013 spent a median of 106 days on the market, and 6% sold at or above their original asking price.

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