Blacksburg market report

Blacksburg housing market, May 2014.

In May 2014, 30 homes sold in Blacksburg at a median price of $247,950. In May 2013, 64 homes sold at a median of $246,250. Homes that sold spent a median of 12 days on the market and sold for a median of 98% of their original asking price.

30

Homes sold

64 a year earlier

$248K

Median sale price

Up 1% from a year earlier

$121

Per square foot

Median, sold homes

12

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

43

New listings

Homes listed this month

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

May 2014

The month in charts.

Sales by type: 23 single-family houses, 4 townhouses and 3 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through May 2014May 13: $246K. May 14: $248K. Lowest $179K (Feb 14), highest $312K (Sep 13).May 13: $246KJun 13: $233KJul 13: $228KAug 13: $263KSep 13: $312KOct 13: $229KNov 13: $220KDec 13: $200KJan 14: $184KFeb 14: $179KMar 14: $230KApr 14: $220KMay 14: $248K
Median home sale price in Blacksburg by month, 13 months through May 2014
PeriodMedian sale price
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
Mar 14$230K
Apr 14$220K
May 14$248K

Homes sold per month

May 2014 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2014May 13: 64. May 14: 30. Lowest 15 (Jan 14), highest 64 (May 13).May 13: 64Jun 13: 60Jul 13: 46Aug 13: 51Sep 13: 25Oct 13: 26Nov 13: 25Dec 13: 29Jan 14: 15Feb 14: 17Mar 14: 26Apr 14: 27May 14: 30
Homes sold in Blacksburg per month, 13 months through May 2014
PeriodHomes sold
May 1364
Jun 1360
Jul 1346
Aug 1351
Sep 1325
Oct 1326
Nov 1325
Dec 1329
Jan 1415
Feb 1417
Mar 1426
Apr 1427
May 1430

Sales by price

May 2014.

  • Under $250K 16 sold
  • $250K to $350K 8 sold
  • $350K to $500K 6 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2014.

Sales

Every sale in May 2014.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2014
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Aden LaneListing courtesy of Gallery, Inc. Echols Village $205,000 3 bd / 2.5 ba 1,452 sq ft $141/sq ft
Janie LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $168,000 4 bd / 2.5 ba 1,480 sq ft $114/sq ft
Charles StListing courtesy of Long & Foster - Blacksburg Piedmont $127,000 2 bd / 1.5 ba 966 sq ft $131/sq ft
Quail DrListing courtesy of RE/MAX 8 - Blacksburg Karr Heights $385,000 5 bd / 2.5 ba 3,050 sq ft $126/sq ft
Ridgeview DrListing courtesy of Long & Foster - Blacksburg Kessler Park $296,000 5 bd / 3 ba 3,086 sq ft $96/sq ft
Kentwood DrListing courtesy of Long & Foster - Blacksburg The Villas at Fiddlers Green $388,950 4 bd / 3.5 ba 2,107 sq ft $185/sq ft
Pearman RdListing courtesy of RE/MAX 8 - Blacksburg Preston Forest $320,000 4 bd / 2.5 ba 2,769 sq ft $116/sq ft
Brush MountainListing courtesy of Advantage Realty - Roanoke Brush Mountain West $190,000 4 bd / 2 ba 1,614 sq ft $118/sq ft
Burruss DrListing courtesy of RE/MAX 8 - Blacksburg McBryde Village $246,000 5 bd / 3 ba 3,049 sq ft $81/sq ft
Pheasant Run CourtListing courtesy of Long & Foster - Blacksburg Pheasant Run $165,000 4 bd / 2.5 ba 1,480 sq ft $111/sq ft
Evergreen TrailListing courtesy of Coldwell Banker Townside Bburg Brush Mountain West $430,000 4 bd / 3.5 ba 3,110 sq ft $138/sq ft
Palmer DrListing courtesy of Nest Realty SWVA Highland Park $259,000 3 bd / 3 ba 2,365 sq ft $110/sq ft
Gloucester DrListing courtesy of Long & Foster - Blacksburg Pilgrim's Pointe $249,900 4 bd / 3 ba 1,974 sq ft $127/sq ft
Smithfield DrListing courtesy of Shirley Sellers, Inc. Preston Forest $374,000 3 bd / 2 ba 3,090 sq ft $121/sq ft
Walters CtListing courtesy of Coldwell Banker Townside Bburg Countryside Estates $456,500 4 bd / 3 ba 3,118 sq ft $146/sq ft
MaplewoodListing courtesy of Long & Foster - Blacksburg Gladewood $303,000 4 bd / 2.5 ba 2,500 sq ft $121/sq ft
Mourning Dove DrListing courtesy of Coldwell Banker Townside Bburg Meadow Run $279,000 4 bd / 2 ba 1,937 sq ft $144/sq ft
Newton CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $178,000 3 bd / 2.5 ba 1,342 sq ft $133/sq ft
Hubbard StreetListing courtesy of Long & Foster - Blacksburg $207,000 3 bd / 2.5 ba 1,865 sq ft $111/sq ft
Craig DrListing courtesy of RE/MAX 8 - Blacksburg Northside Park $357,000 4 bd / 4 ba 3,605 sq ft $99/sq ft
Honeysuckle DrListing courtesy of Nest Realty SWVA The Village at Tom's Creek $309,900 3 bd / 3.5 ba 2,402 sq ft $129/sq ft
Glade RoadListing courtesy of Coldwell Banker Townside Bburg $235,000 4 bd / 2.5 ba 2,236 sq ft $105/sq ft
McCoy RoadListing courtesy of Burnette Real Estate Sales & Management Inc. $85,000 2 bd / 1 ba 934 sq ft $91/sq ft
Honeysuckle DriveListing courtesy of RE/MAX 8 - Blacksburg The Village at Tom's Creek $322,500 3 bd / 2.5 ba 2,294 sq ft $141/sq ft
Cherokee DriveListing courtesy of RE/MAX 8 - Blacksburg Shenandoah $295,000 3 bd / 2.5 ba 2,580 sq ft $114/sq ft
Greendale DrListing courtesy of Coldwell Banker Townside Bburg Westover Hills $240,000 3 bd / 1.5 ba 2,099 sq ft $114/sq ft
Giles RoadListing courtesy of Nest Realty SWVA $180,000 3 bd / 1 ba 1,010 sq ft $178/sq ft
Nellies Cave RdListing courtesy of RE/MAX 8 - Blacksburg Piedmont $129,900 3 bd / 2 ba 1,400 sq ft $93/sq ft
Mountain Breeze DrListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $245,000 3 bd / 2 ba 1,800 sq ft $136/sq ft
Heights LnListing courtesy of Coldwell Banker Townside Bburg The Heights $230,000 3 bd / 3.5 ba 1,807 sq ft $127/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2014 was $247,950, across 30 sales on record (land excluded). A year earlier, in May 2013, it was $246,250.

How many homes sold in Blacksburg in May 2014?

30 homes sold in Blacksburg in May 2014, compared with 27 in April 2014 and 64 in May 2013.

How fast did homes sell in Blacksburg in May 2014?

Homes that sold in May 2014 spent a median of 12 days on the market, and 37% sold at or above their original asking price.

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