Blacksburg market report

Blacksburg housing market, August 2014.

In August 2014, 56 homes sold in Blacksburg at a median price of $246,000. In August 2013, 51 homes sold at a median of $263,000. Homes that sold spent a median of 73 days on the market and sold for a median of 97% of their original asking price.

56

Homes sold

51 a year earlier

$246K

Median sale price

Down 6% from a year earlier

$127

Per square foot

Median, sold homes

73

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

17

New listings

Homes listed this month

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

August 2014

The month in charts.

Sales by type: 32 single-family houses, 14 condos and 10 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through August 2014Aug 13: $263K. Aug 14: $246K. Lowest $179K (Feb 14), highest $312K (Sep 13).Aug 13: $263KSep 13: $312KOct 13: $229KNov 13: $220KDec 13: $200KJan 14: $184KFeb 14: $179KMar 14: $230KApr 14: $220KMay 14: $248KJun 14: $240KJul 14: $265KAug 14: $246K
Median home sale price in Blacksburg by month, 13 months through August 2014
PeriodMedian sale price
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
Jun 14$240K
Jul 14$265K
Aug 14$246K

Homes sold per month

August 2014 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2014Aug 13: 51. Aug 14: 56. Lowest 15 (Jan 14), highest 56 (Jun 14).Aug 13: 51Sep 13: 25Oct 13: 26Nov 13: 25Dec 13: 29Jan 14: 15Feb 14: 17Mar 14: 26Apr 14: 27May 14: 30Jun 14: 56Jul 14: 44Aug 14: 56
Homes sold in Blacksburg per month, 13 months through August 2014
PeriodHomes sold
Aug 1351
Sep 1325
Oct 1326
Nov 1325
Dec 1329
Jan 1415
Feb 1417
Mar 1426
Apr 1427
May 1430
Jun 1456
Jul 1444
Aug 1456

Sales by price

August 2014.

  • Under $250K 29 sold
  • $250K to $350K 10 sold
  • $350K to $500K 15 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2014.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2014
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Cascades RoadListing courtesy of NextHome New River Valley Blacksburg Country Club $485,000 3 bd / 2.5 ba 3,635 sq ft $133/sq ft
FairviewListing courtesy of XRealty.net LLC Airport Acres $203,150 3 bd / 1 ba 1,359 sq ft $149/sq ft
Mateer CirListing courtesy of RE/MAX 8 - Blacksburg Slusher Farm $425,000 4 bd / 2.5 ba 3,188 sq ft $133/sq ft
Brook CirListing courtesy of RE/MAX 8 - Blacksburg Brookfield Village $386,000 5 bd / 3.5 ba 3,151 sq ft $123/sq ft
Monarch CourtListing courtesy of Long & Foster - Blacksburg $291,250 3 bd / 2.5 ba 1,944 sq ft $150/sq ft
Mt Zion RdListing courtesy of Coldwell Banker Townside Bburg $284,900 3 bd / 3 ba 2,079 sq ft $137/sq ft
Old Fort RdListing courtesy of Coldwell Banker Townside Bburg Montgomery Farms $268,000 4 bd / 3 ba 1,848 sq ft $145/sq ft
Seneca DrListing courtesy of Coldwell Banker Townside Bburg Hunters Ridge $120,600 4 bd / 2 ba 967 sq ft $125/sq ft
Charles StreetListing courtesy of Coldwell Banker Townside Bburg Piedmont $120,000 2 bd / 1 ba 961 sq ft $125/sq ft
Piedmont StListing courtesy of Long & Foster - Blacksburg $407,450 3 bd / 2.5 ba 2,319 sq ft $176/sq ft
Smithfield DriveListing courtesy of Long & Foster - Blacksburg Preston Forest $435,000 4 bd / 3 ba 3,054 sq ft $142/sq ft
Green Meadow DrListing courtesy of Coldwell Banker Townside Bburg $365,000 3 bd / 3 ba 2,620 sq ft $139/sq ft
Belaire DriveListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $310,000 4 bd / 2.5 ba 2,240 sq ft $138/sq ft
Craig DriveListing courtesy of NextHome New River Valley Northside Park $267,500 3 bd / 2.5 ba 1,873 sq ft $143/sq ft
A Tabor Village DriveListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $159,000 3 bd / 3 ba 1,248 sq ft $127/sq ft
B Tabor Village DriveListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $159,000 3 bd / 3 ba 1,248 sq ft $127/sq ft
A Tabor Village DrListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $159,000 3 bd / 3 ba 1,248 sq ft $127/sq ft
A Tabor Village DriveListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $159,000 3 bd / 3 ba 1,248 sq ft $127/sq ft
B Tabor Village DrListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $159,000 3 bd / 3 ba 1,248 sq ft $127/sq ft
B Tabor Village DrListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $159,000 3 bd / 3 ba 1,248 sq ft $127/sq ft
Honeysuckle DriveListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $305,500 3 bd / 2.5 ba 2,085 sq ft $147/sq ft
Newton CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $168,000 3 bd / 2.5 ba 1,639 sq ft $103/sq ft
Trillium LnListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $226,250 2 bd / 2.5 ba 1,452 sq ft $156/sq ft
Southampton CtListing courtesy of Coldwell Banker Townside Bburg Oak Manor $195,000 4 bd / 3.5 ba 1,952 sq ft $100/sq ft
Heartwood XingListing courtesy of RE/MAX 8 - Blacksburg Maple Ridge $437,700 5 bd / 3.5 ba 4,035 sq ft $108/sq ft
Maywood StreetListing courtesy of RE/MAX 8 - Blacksburg $242,000 4 bd / 2 ba 2,138 sq ft $113/sq ft
Southampton CtListing courtesy of Long & Foster - Blacksburg Oak Manor $215,000 4 bd / 2.5 ba 1,860 sq ft $116/sq ft
Woods Edge CtListing courtesy of Long & Foster - Blacksburg The Orchards $212,500 3 bd / 2.5 ba 1,918 sq ft $111/sq ft
Southampton CtListing courtesy of Coldwell Banker Townside Bburg Oak Manor $180,000 3 bd / 2.5 ba 1,750 sq ft $103/sq ft
Janie LnListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $161,500 4 bd / 2.5 ba 1,480 sq ft $109/sq ft
SunridgeListing courtesy of RE/MAX 8 - Blacksburg Sundance Ridge $122,000 2 bd / 2 ba 1,084 sq ft $113/sq ft
Capistrano StListing courtesy of Long & Foster - Blacksburg Mission Hills $247,000 3 bd / 2.5 ba 1,990 sq ft $124/sq ft
Knob Hill DrListing courtesy of Coldwell Banker Townside Bburg Knob Hill $440,000 3 bd / 2.5 ba 3,428 sq ft $128/sq ft
Leisure LaneListing courtesy of Coldwell Banker Townside Bburg Cedar Orchard $545,775 5 bd / 3.5 ba 3,850 sq ft $142/sq ft
Patrick Henry DrListing courtesy of RE/MAX 8 - Blacksburg Patrick Henry $145,000 4 bd / 3.5 ba 1,280 sq ft $113/sq ft
Asher LnListing courtesy of NextHome New River Valley Mt. Tabor Meadows $385,135 4 bd / 2.5 ba 2,218 sq ft $174/sq ft
Sunridge DriveListing courtesy of RE/MAX Valley-Roanoke Sundance Ridge $108,500 1 bd / 1 ba 768 sq ft $141/sq ft
Progress StListing courtesy of Long & Foster - Blacksburg $179,000 3 bd / 2 ba 1,312 sq ft $136/sq ft
F University TerraceListing courtesy of Thompson RE & Auction University Terrace $122,000 4 bd / 2 ba 935 sq ft $130/sq ft
Progress StreetListing courtesy of Long & Foster - Blacksburg University Terrace $117,000 4 bd / 2 ba 935 sq ft $125/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2014 was $246,000, across 56 sales on record (land excluded). A year earlier, in August 2013, it was $263,000.

How many homes sold in Blacksburg in August 2014?

56 homes sold in Blacksburg in August 2014, compared with 44 in July 2014 and 51 in August 2013.

How fast did homes sell in Blacksburg in August 2014?

Homes that sold in August 2014 spent a median of 73 days on the market, and 13% sold at or above their original asking price.

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