Blacksburg market report

Blacksburg housing market, September 2014.

In September 2014, 16 homes sold in Blacksburg at a median price of $232,975. In September 2013, 25 homes sold at a median of $312,133. Homes that sold spent a median of 70 days on the market and sold for a median of 95% of their original asking price.

16

Homes sold

25 a year earlier

$233K

Median sale price

Down 25% from a year earlier

$115

Per square foot

Median, sold homes

70

Days on market

Median, sold homes

95%

Of asking price

Median sale to original list

25

New listings

Homes listed this month

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

September 2014

The month in charts.

Sales by type: 11 single-family houses, 4 townhouses and 1 condo.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through September 2014Sep 13: $312K. Sep 14: $233K. Lowest $179K (Feb 14), highest $312K (Sep 13).Sep 13: $312KOct 13: $229KNov 13: $220KDec 13: $200KJan 14: $184KFeb 14: $179KMar 14: $230KApr 14: $220KMay 14: $248KJun 14: $240KJul 14: $265KAug 14: $246KSep 14: $233K
Median home sale price in Blacksburg by month, 13 months through September 2014
PeriodMedian sale price
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
Sep 14$233K

Homes sold per month

September 2014 highlighted.

Homes sold in Blacksburg per month, 13 months through September 2014Sep 13: 25. Sep 14: 16. Lowest 15 (Jan 14), highest 56 (Jun 14).Sep 13: 25Oct 13: 26Nov 13: 25Dec 13: 29Jan 14: 15Feb 14: 17Mar 14: 26Apr 14: 27May 14: 30Jun 14: 56Jul 14: 44Aug 14: 56Sep 14: 16
Homes sold in Blacksburg per month, 13 months through September 2014
PeriodHomes sold
Sep 1325
Oct 1326
Nov 1325
Dec 1329
Jan 1415
Feb 1417
Mar 1426
Apr 1427
May 1430
Jun 1456
Jul 1444
Aug 1456
Sep 1416

Sales by price

September 2014.

  • Under $250K 9 sold
  • $250K to $350K 3 sold
  • $350K to $500K 4 sold

Sales by neighborhood

Neighborhoods with the most sales in September 2014.

Sales

Every sale in September 2014.

Final sale prices, newest first.

Homes sold in Blacksburg in September 2014
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Honeysuckle DrListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $398,631 4 bd / 3.5 ba 2,853 sq ft $140/sq ft
Clover Valley CirListing courtesy of Long & Foster - Blacksburg Clover Valley $145,500 4 bd / 2.5 ba 1,480 sq ft $98/sq ft
Kentwood DrListing courtesy of Gallery, Inc. The Villas at Fiddlers Green $355,000 4 bd / 3.5 ba 2,105 sq ft $169/sq ft
TrilliumListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $270,000 2 bd / 3 ba 1,614 sq ft $167/sq ft
Preston ForestListing courtesy of Long & Foster - Blacksburg Preston Forest $417,000 5 bd / 3.5 ba 3,673 sq ft $114/sq ft
Lora LaneListing courtesy of RE/MAX 8 - Blacksburg Longview Estates $205,000 4 bd / 2 ba 1,964 sq ft $104/sq ft
Southampton CtListing courtesy of Long & Foster - Blacksburg Oak Manor $169,000 4 bd / 2.5 ba 1,815 sq ft $93/sq ft
S Knollwood DriveListing courtesy of Long & Foster - Blacksburg Knollwood $123,000 1 bd / 1 ba 770 sq ft $160/sq ft
Gardenspring DrListing courtesy of Nest Realty SWVA Crestwood Gardens $216,000 3 bd / 2.5 ba 1,850 sq ft $117/sq ft
Janie LaneListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $158,000 4 bd / 2.5 ba 1,480 sq ft $107/sq ft
Broce DriveListing courtesy of Long & Foster - Blacksburg Longview Estates $187,500 3 bd / 1.5 ba 1,508 sq ft $124/sq ft
Brook CircleListing courtesy of Coldwell Banker Townside Bburg Brookfield Village $303,000 4 bd / 2.5 ba 2,010 sq ft $151/sq ft
Lakewood Dr NWListing courtesy of Nest Realty SWVA $270,000 3 bd / 3 ba 2,438 sq ft $111/sq ft
Nellies Cave RdListing courtesy of Long & Foster - Blacksburg $45,000 2 bd / 1 ba 640 sq ft $70/sq ft
Doe RunListing courtesy of RE/MAX 8 - Blacksburg Deerfield $390,000 4 bd / 3 ba 3,655 sq ft $107/sq ft
Mountain Breeze DriveListing courtesy of NextHome New River Valley Maple Ridge $249,950 4 bd / 3 ba 1,700 sq ft $147/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in September 2014 was $232,975, across 16 sales on record (land excluded). A year earlier, in September 2013, it was $312,133.

How many homes sold in Blacksburg in September 2014?

16 homes sold in Blacksburg in September 2014, compared with 56 in August 2014 and 25 in September 2013.

How fast did homes sell in Blacksburg in September 2014?

Homes that sold in September 2014 spent a median of 70 days on the market, and 19% sold at or above their original asking price.

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