Blacksburg market report

Blacksburg housing market, February 2014.

In February 2014, 17 homes sold in Blacksburg at a median price of $179,000. In February 2013, 23 homes sold at a median of $215,000. Homes that sold spent a median of 27 days on the market and sold for a median of 96% of their original asking price.

17

Homes sold

23 a year earlier

$179K

Median sale price

Down 17% from a year earlier

$117

Per square foot

Median, sold homes

27

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

41

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in February 2014. Land excluded.

February 2014

The month in charts.

Sales by type: 9 single-family houses, 5 condos and 3 townhouses.

Median sale price by month

The 13 months through February 2014. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through February 2014Feb 13: $215K. Feb 14: $179K. Lowest $179K (Feb 14), highest $312K (Sep 13).Feb 13: $215KMar 13: $228KApr 13: $240KMay 13: $246KJun 13: $233KJul 13: $228KAug 13: $263KSep 13: $312KOct 13: $229KNov 13: $220KDec 13: $200KJan 14: $184KFeb 14: $179K
Median home sale price in Blacksburg by month, 13 months through February 2014
PeriodMedian sale price
Feb 13$215K
Mar 13$228K
Apr 13$240K
May 13$246K
Jun 13$233K
Jul 13$228K
Aug 13$263K
Sep 13$312K
Oct 13$229K
Nov 13$220K
Dec 13$200K
Jan 14$184K
Feb 14$179K

Homes sold per month

February 2014 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2014Feb 13: 23. Feb 14: 17. Lowest 15 (Jan 14), highest 64 (May 13).Feb 13: 23Mar 13: 28Apr 13: 34May 13: 64Jun 13: 60Jul 13: 46Aug 13: 51Sep 13: 25Oct 13: 26Nov 13: 25Dec 13: 29Jan 14: 15Feb 14: 17
Homes sold in Blacksburg per month, 13 months through February 2014
PeriodHomes sold
Feb 1323
Mar 1328
Apr 1334
May 1364
Jun 1360
Jul 1346
Aug 1351
Sep 1325
Oct 1326
Nov 1325
Dec 1329
Jan 1415
Feb 1417

Sales by price

February 2014.

  • Under $250K 12 sold
  • $350K to $500K 4 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2014.

Sales

Every sale in February 2014.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2014
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
McCoyListing courtesy of RE/MAX 8 - Blacksburg $191,500 3 bd / 2 ba 1,678 sq ft $114/sq ft
MainListing courtesy of Nest Realty Group Kent Square Condominiums $146,000 0 bd / 1 ba 581 sq ft $251/sq ft
Claytor SqListing courtesy of Long & Foster - Blacksburg University Place $106,500 3 bd / 2 ba 980 sq ft $109/sq ft
Merrimac RdListing courtesy of RE/MAX 8 Christiansburg $95,000 4 bd / 2 ba 2,052 sq ft $46/sq ft
Loudon RoadListing courtesy of Coldwell Banker Townside Bburg Cascades $88,500 2 bd / 1 ba 744 sq ft $119/sq ft
Draper RoadListing courtesy of Coldwell Banker Townside Bburg $375,000 4 bd / 3 ba 2,440 sq ft $154/sq ft
Janie LaneListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $166,000 4 bd / 2.5 ba 1,480 sq ft $112/sq ft
Nellies Cave RoadListing courtesy of RE/MAX 8 - Blacksburg Piedmont $108,000 3 bd / 2 ba 1,400 sq ft $77/sq ft
Mill Wood LaneListing courtesy of RE/MAX Valley-Roanoke Lusters Mill $556,100 6 bd / 4.5 ba 3,340 sq ft $166/sq ft
Chownings TrlListing courtesy of Damon Gettier & Associates Preston Forest $400,300 2 bd / 3.5 ba 4,084 sq ft $98/sq ft
Camelot CtListing courtesy of Long & Foster - Blacksburg Oak Manor $179,000 3 bd / 2.5 ba 1,342 sq ft $133/sq ft
Woodbine DrListing courtesy of Long & Foster - Blacksburg Woodbine $190,000 3 bd / 2 ba 1,457 sq ft $130/sq ft
Mountain Breeze DrListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $235,000 3 bd / 2 ba 1,594 sq ft $147/sq ft
Ridge RdListing courtesy of Coldwell Banker Townside Bburg Ramble Ridge $159,000 3 bd / 2.5 ba 1,300 sq ft $122/sq ft
Preston Forest DriveListing courtesy of Coldwell Banker Townside Bburg Preston Forest $370,000 4 bd / 3.5 ba 4,002 sq ft $92/sq ft
Newport TerraceListing courtesy of Blacksburg Real Estate, Inc. University Place $110,000 3 bd / 2 ba 970 sq ft $113/sq ft
Heartwood XingListing courtesy of RE/MAX 8 - Blacksburg Maple Ridge $480,000 5 bd / 3.5 ba 4,111 sq ft $117/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in February 2014?

The median sale price for homes in Blacksburg in February 2014 was $179,000, across 17 sales on record (land excluded). A year earlier, in February 2013, it was $215,000.

How many homes sold in Blacksburg in February 2014?

17 homes sold in Blacksburg in February 2014, compared with 15 in January 2014 and 23 in February 2013.

How fast did homes sell in Blacksburg in February 2014?

Homes that sold in February 2014 spent a median of 27 days on the market, and 18% sold at or above their original asking price.

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