Blacksburg market report

Blacksburg housing market, August 2013.

In August 2013, 51 homes sold in Blacksburg at a median price of $263,000. In August 2012, 31 homes sold at a median of $246,000. Homes that sold spent a median of 60 days on the market and sold for a median of 96% of their original asking price.

51

Homes sold

31 a year earlier

$263K

Median sale price

Up 7% from a year earlier

$120

Per square foot

Median, sold homes

60

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

27

New listings

Homes listed this month

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

August 2013

The month in charts.

Sales by type: 36 single-family houses, 10 townhouses and 5 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through August 2013Aug 12: $246K. Aug 13: $263K. Lowest $209K (Dec 12), highest $263K (Aug 13).Aug 12: $246KSep 12: $252KOct 12: $212KNov 12: $210KDec 12: $209KJan 13: $218KFeb 13: $215KMar 13: $228KApr 13: $240KMay 13: $246KJun 13: $233KJul 13: $228KAug 13: $263K
Median home sale price in Blacksburg by month, 13 months through August 2013
PeriodMedian sale price
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
Jun 13$233K
Jul 13$228K
Aug 13$263K

Homes sold per month

August 2013 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2013Aug 12: 31. Aug 13: 51. Lowest 17 (Jan 13), highest 64 (May 13).Aug 12: 31Sep 12: 23Oct 12: 26Nov 12: 21Dec 12: 25Jan 13: 17Feb 13: 23Mar 13: 28Apr 13: 34May 13: 64Jun 13: 60Jul 13: 46Aug 13: 51
Homes sold in Blacksburg per month, 13 months through August 2013
PeriodHomes sold
Aug 1231
Sep 1223
Oct 1226
Nov 1221
Dec 1225
Jan 1317
Feb 1323
Mar 1328
Apr 1334
May 1364
Jun 1360
Jul 1346
Aug 1351

Sales by price

August 2013.

  • Under $250K 24 sold
  • $250K to $350K 10 sold
  • $350K to $500K 16 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2013.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2013
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Elliott DriveListing courtesy of Coldwell Banker Townside Bburg Apperson $290,000 4 bd / 3.5 ba 3,170 sq ft $91/sq ft
Walnut Spring RdListing courtesy of Coldwell Banker Townside Bburg $238,000 3 bd / 2 ba 2,842 sq ft $84/sq ft
Walnut Spring RdListing courtesy of Coldwell Banker Townside Bburg $82,500 3 bd / 2 ba 1,296 sq ft $64/sq ft
Asher LnListing courtesy of NextHome New River Valley Mt. Tabor Meadows $522,043 3 bd / 3.5 ba 3,263 sq ft $160/sq ft
Cherokee DriveListing courtesy of Long & Foster - Blacksburg Shenandoah $394,500 4 bd / 3.5 ba 3,144 sq ft $125/sq ft
Trillium LnListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $299,900 3 bd / 2.5 ba 1,982 sq ft $151/sq ft
Clover Valley CircleListing courtesy of RE/MAX 8 - Blacksburg Clover Valley $132,500 4 bd / 2.5 ba 1,480 sq ft $90/sq ft
Charles StListing courtesy of Blacksburg Real Estate, Inc. Piedmont $123,000 2 bd / 1 ba 961 sq ft $128/sq ft
Asher LaneListing courtesy of NextHome New River Valley Mt. Tabor Meadows $444,000 4 bd / 3.5 ba 2,478 sq ft $179/sq ft
Glade RdListing courtesy of RE/MAX Valley-Roanoke $305,000 4 bd / 3 ba 2,448 sq ft $125/sq ft
Lucas DrListing courtesy of Coldwell Banker Townside Bburg Dundas Heights $188,000 4 bd / 2.5 ba 2,166 sq ft $87/sq ft
Ridge RdListing courtesy of Coldwell Banker Townside Bburg Ramble Ridge $172,500 3 bd / 3.5 ba 1,940 sq ft $89/sq ft
Oilwell RdListing courtesy of Long & Foster - Blacksburg $215,000 3 bd / 2 ba 2,044 sq ft $105/sq ft
Heartwood CrossingListing courtesy of RE/MAX 8 - Blacksburg $428,228 4 bd / 3.5 ba 3,367 sq ft $127/sq ft
Edwards LnListing courtesy of Coldwell Banker Townside Bburg Vista Pointe $278,000 3 bd / 3 ba 3,216 sq ft $86/sq ft
Christine CourtListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run Crossing $165,000 4 bd / 2.5 ba 1,512 sq ft $109/sq ft
MainListing courtesy of Nest Realty Group Kent Square Condominiums $158,000 0 bd / 1 ba 606 sq ft $261/sq ft
Brooksfield RdListing courtesy of Coldwell Banker Townside Bburg $124,000 3 bd / 1 ba 1,260 sq ft $98/sq ft
Knob Hill DrListing courtesy of RE/MAX Valley-Roanoke Knob Hill $294,900 4 bd / 2.5 ba 2,381 sq ft $124/sq ft
Evergreen TrlListing courtesy of Jeannie Chang Realty Brush Mountain West $350,000 4 bd / 2.5 ba 2,727 sq ft $128/sq ft
Cascade CourtListing courtesy of Coldwell Banker Townside Bburg University Place $106,000 3 bd / 2 ba 970 sq ft $109/sq ft
Jefferson StListing courtesy of Long & Foster - Blacksburg Fiddler's Green $418,000 4 bd / 3 ba 2,648 sq ft $158/sq ft
Heartwood CrossingListing courtesy of RE/MAX 8 - Blacksburg Maple Ridge $369,265 3 bd / 2 ba 3,040 sq ft $121/sq ft
Mourning Dove DrListing courtesy of Summit Ridge Realty Meadow Run $255,000 3 bd / 2.5 ba 1,862 sq ft $137/sq ft
Ladyslipper LaneListing courtesy of Mandell Real Estate Group $230,000 5 bd / 2.5 ba 4,000 sq ft $58/sq ft
Big Vein RdListing courtesy of Long & Foster - Blacksburg $149,000 3 bd / 1 ba 1,424 sq ft $105/sq ft
Murphy StreetListing courtesy of Coldwell Banker Townside Bburg $455,000 6 bd / 4.5 ba 5,620 sq ft $81/sq ft
Preston Forest DrListing courtesy of NextHome New River Valley Preston Forest $360,000 4 bd / 4 ba 3,460 sq ft $104/sq ft
Lora LnListing courtesy of Long & Foster - Blacksburg Tremont Estates $184,500 3 bd / 2.5 ba 1,440 sq ft $128/sq ft
Brush Mtn RdListing courtesy of Long & Foster - Blacksburg Brush Mountain West $327,000 4 bd / 2.5 ba 3,195 sq ft $102/sq ft
BrunswickListing courtesy of Long & Foster - Blacksburg $235,000 4 bd / 3 ba 2,612 sq ft $90/sq ft
Gallion Ridge RdListing courtesy of RE/MAX 8 - Blacksburg $362,000 3 bd / 2.5 ba 2,335 sq ft $155/sq ft
Patrick Henry DrListing courtesy of RE/MAX 8 - Blacksburg Patrick Henry $169,000 4 bd / 3 ba 1,300 sq ft $130/sq ft
D University TerraceListing courtesy of Long & Foster - Blacksburg University Terrace $121,000 4 bd / 2 ba 1,071 sq ft $113/sq ft
University TerListing courtesy of NextHome New River Valley University Terrace $118,500 4 bd / 2 ba 935 sq ft $127/sq ft
Gordon DrListing courtesy of NRV Gateway Realty Inc Brush Mountain Estates $324,000 3 bd / 2.5 ba 2,701 sq ft $120/sq ft
Pheasant RunListing courtesy of Long & Foster - Blacksburg Pheasant Run $162,500 4 bd / 2.5 ba 1,480 sq ft $110/sq ft
Kentwood DrListing courtesy of Gallery, Inc. The Villas at Fiddlers Green $409,900 4 bd / 3.5 ba 2,175 sq ft $188/sq ft
Brush MountainListing courtesy of Thompson RE & Auction $135,000 3 bd / 1 ba 1,128 sq ft $120/sq ft
Sunrise DrListing courtesy of Nest Realty Group Highland Park $485,000 3 bd / 3.5 ba 2,645 sq ft $183/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2013 was $263,000, across 51 sales on record (land excluded). A year earlier, in August 2012, it was $246,000.

How many homes sold in Blacksburg in August 2013?

51 homes sold in Blacksburg in August 2013, compared with 46 in July 2013 and 31 in August 2012.

How fast did homes sell in Blacksburg in August 2013?

Homes that sold in August 2013 spent a median of 60 days on the market, and 25% sold at or above their original asking price.

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