Blacksburg market report

Blacksburg housing market, May 2013.

In May 2013, 64 homes sold in Blacksburg at a median price of $246,250. In May 2012, 37 homes sold at a median of $238,000. Homes that sold spent a median of 32 days on the market and sold for a median of 97% of their original asking price.

64

Homes sold

37 a year earlier

$246K

Median sale price

Up 3% from a year earlier

$121

Per square foot

Median, sold homes

32

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

37

New listings

Homes listed this month

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

May 2013

The month in charts.

Sales by type: 45 single-family houses, 10 condos and 9 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through May 2013May 12: $238K. May 13: $246K. Lowest $209K (Dec 12), highest $252K (Sep 12).May 12: $238KJun 12: $244KJul 12: $250KAug 12: $246KSep 12: $252KOct 12: $212KNov 12: $210KDec 12: $209KJan 13: $218KFeb 13: $215KMar 13: $228KApr 13: $240KMay 13: $246K
Median home sale price in Blacksburg by month, 13 months through May 2013
PeriodMedian sale price
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
Feb 13$215K
Mar 13$228K
Apr 13$240K
May 13$246K

Homes sold per month

May 2013 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2013May 12: 37. May 13: 64. Lowest 17 (Jan 13), highest 64 (May 13).May 12: 37Jun 12: 52Jul 12: 44Aug 12: 31Sep 12: 23Oct 12: 26Nov 12: 21Dec 12: 25Jan 13: 17Feb 13: 23Mar 13: 28Apr 13: 34May 13: 64
Homes sold in Blacksburg per month, 13 months through May 2013
PeriodHomes sold
May 1237
Jun 1252
Jul 1244
Aug 1231
Sep 1223
Oct 1226
Nov 1221
Dec 1225
Jan 1317
Feb 1323
Mar 1328
Apr 1334
May 1364

Sales by price

May 2013.

  • Under $250K 32 sold
  • $250K to $350K 18 sold
  • $350K to $500K 13 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2013.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2013
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Falcon Ridge RdListing courtesy of CENTURY 21 Rice Realty Deercroft $490,000 4 bd / 3.5 ba 3,271 sq ft $150/sq ft
Hollow Oak CtListing courtesy of RE/MAX 8 - Blacksburg $361,932 4 bd / 2.5 ba 2,569 sq ft $141/sq ft
Isabel CourtListing courtesy of NextHome New River Valley Brush Mountain Estates $359,000 3 bd / 3.5 ba 3,399 sq ft $106/sq ft
Mountain Breeze DriveListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $294,500 4 bd / 3.5 ba 2,964 sq ft $99/sq ft
Fincastle DrListing courtesy of Price Real Estate, Inc. Kessler Park $255,000 3 bd / 2 ba 1,543 sq ft $165/sq ft
QuailListing courtesy of Long & Foster - Blacksburg Karr Heights $230,000 4 bd / 3 ba 1,982 sq ft $116/sq ft
Wellesley CtListing courtesy of Long & Foster - Blacksburg Haymarket Square $176,500 3 bd / 2.5 ba 1,342 sq ft $132/sq ft
McCoyListing courtesy of Coldwell Banker Townside Bburg $163,000 3 bd / 1 ba 1,686 sq ft $97/sq ft
Monteray CourtListing courtesy of Long & Foster - Blacksburg Woodbine $130,000 3 bd / 2 ba 1,728 sq ft $75/sq ft
Buck MountainListing courtesy of Home Discovery, REALTORS Brush Mountain West $479,990 6 bd / 3 ba 4,000 sq ft $120/sq ft
Red Maple DrListing courtesy of RE/MAX 8 - Blacksburg Maple Ridge $284,900 4 bd / 2.5 ba 2,077 sq ft $137/sq ft
Minor CircleListing courtesy of NextHome New River Valley Cedar Hill $229,950 4 bd / 3 ba 2,402 sq ft $96/sq ft
Smithfield DrListing courtesy of Long & Foster - Blacksburg Preston Forest $295,500 3 bd / 3 ba 2,356 sq ft $125/sq ft
VistaListing courtesy of Coldwell Banker Townside Bburg Vistas $205,000 3 bd / 2 ba 1,687 sq ft $122/sq ft
BenoitListing courtesy of Shirley Sellers, Inc. Preston Forest $495,000 4 bd / 3.5 ba 3,661 sq ft $135/sq ft
Golfview DrListing courtesy of Hokie Real Estate, Inc. Longview Estates $227,000 3 bd / 2 ba 1,348 sq ft $168/sq ft
Oak Pointe CourtListing courtesy of Coldwell Banker Townside Bburg Vistas $221,000 3 bd / 2 ba 1,928 sq ft $115/sq ft
McCoy RoadListing courtesy of MKB, Roanoke $89,300 4 bd / 2 ba 1,572 sq ft $57/sq ft
Catawba RoadListing courtesy of Coldwell Banker Townside Bburg $410,000 3 bd / 3 ba 3,504 sq ft $117/sq ft
Giles RdListing courtesy of RE/MAX 8 - Blacksburg $305,900 4 bd / 2 ba 2,601 sq ft $118/sq ft
Honeysuckle DriveListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $287,000 3 bd / 2.5 ba 2,576 sq ft $111/sq ft
Bishop RdListing courtesy of NextHome New River Valley $187,500 3 bd / 2 ba 1,526 sq ft $123/sq ft
Janie LaneListing courtesy of CENTURY 21 Rice Realty Pheasant Run $160,500 4 bd / 2.5 ba 1,480 sq ft $108/sq ft
Seneca DrListing courtesy of NextHome New River Valley Hunters Ridge $110,000 4 bd / 2 ba 890 sq ft $124/sq ft
Mabry LaneListing courtesy of RE/MAX 8 - Blacksburg $105,000 2 bd / 1 ba 1,372 sq ft $77/sq ft
Loudon RdListing courtesy of Long & Foster - Blacksburg Cascades $92,000 2 bd / 1 ba 735 sq ft $125/sq ft
Trillium LaneListing courtesy of Long & Foster - Blacksburg Trillium Place $485,000 5 bd / 4.5 ba 4,027 sq ft $120/sq ft
Sherwood CourtListing courtesy of Long & Foster - Blacksburg Oak Manor $193,000 3 bd / 2.5 ba 1,969 sq ft $98/sq ft
B-9 Brightwood Manor DrListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $88,000 2 bd / 1 ba 978 sq ft $90/sq ft
Oak Pointe CtListing courtesy of Coldwell Banker Townside Bburg Vistas $283,000 3 bd / 2.5 ba 2,211 sq ft $128/sq ft
A-7 Brightwood Manor DriveListing courtesy of Long & Foster - Blacksburg Brightwood Manor $90,000 2 bd / 1 ba 978 sq ft $92/sq ft
Oilwell RoadListing courtesy of Long & Foster - Blacksburg $240,000 3 bd / 2.5 ba 2,364 sq ft $102/sq ft
Christopher DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $239,900 5 bd / 3 ba 2,484 sq ft $97/sq ft
Mountain Breeze DrListing courtesy of NextHome New River Valley Maple Ridge $264,000 4 bd / 2.5 ba 2,180 sq ft $121/sq ft
Gladewood DrListing courtesy of Long & Foster - Blacksburg Gladewood $224,950 3 bd / 3 ba 1,453 sq ft $155/sq ft
Huff LnListing courtesy of Old Virginia Real Estate $158,000 3 bd / 2 ba 1,632 sq ft $97/sq ft
Daisy RoadListing courtesy of Coldwell Banker Townside Bburg $147,500 3 bd / 1.5 ba 1,344 sq ft $110/sq ft
Heartwood XingListing courtesy of RE/MAX 8 - Blacksburg Maple Ridge $275,000 4 bd / 3 ba 3,182 sq ft $86/sq ft
Knollwood DriveListing courtesy of Long & Foster - Blacksburg Knollwood $192,000 3 bd / 2 ba 1,366 sq ft $141/sq ft
KnollwoodListing courtesy of Long & Foster - Blacksburg Knollwood $182,000 2 bd / 2 ba 1,172 sq ft $155/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2013 was $246,250, across 64 sales on record (land excluded). A year earlier, in May 2012, it was $238,000.

How many homes sold in Blacksburg in May 2013?

64 homes sold in Blacksburg in May 2013, compared with 34 in April 2013 and 37 in May 2012.

How fast did homes sell in Blacksburg in May 2013?

Homes that sold in May 2013 spent a median of 32 days on the market, and 14% sold at or above their original asking price.

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