Blacksburg market report

Blacksburg housing market, January 2015.

In January 2015, 20 homes sold in Blacksburg at a median price of $262,680. In January 2014, 15 homes sold at a median of $184,000. Homes that sold spent a median of 75 days on the market and sold for a median of 96% of their original asking price.

20

Homes sold

15 a year earlier

$263K

Median sale price

Up 43% from a year earlier

$120

Per square foot

Median, sold homes

75

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

34

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2015. Land excluded.

January 2015

The month in charts.

Sales by type: 15 single-family houses, 4 condos and 1 townhouse.

Median sale price by month

The 13 months through January 2015. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2015Jan 14: $184K. Jan 15: $263K. Lowest $179K (Feb 14), highest $265K (Dec 14).Jan 14: $184KFeb 14: $179KMar 14: $230KApr 14: $220KMay 14: $248KJun 14: $240KJul 14: $265KAug 14: $246KSep 14: $233KOct 14: $240KNov 14: $210KDec 14: $265KJan 15: $263K
Median home sale price in Blacksburg by month, 13 months through January 2015
PeriodMedian sale price
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
Oct 14$240K
Nov 14$210K
Dec 14$265K
Jan 15$263K

Homes sold per month

January 2015 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2015Jan 14: 15. Jan 15: 20. Lowest 15 (Jan 14), highest 56 (Jun 14).Jan 14: 15Feb 14: 17Mar 14: 26Apr 14: 27May 14: 30Jun 14: 56Jul 14: 44Aug 14: 56Sep 14: 16Oct 14: 25Nov 14: 19Dec 14: 28Jan 15: 20
Homes sold in Blacksburg per month, 13 months through January 2015
PeriodHomes sold
Jan 1415
Feb 1417
Mar 1426
Apr 1427
May 1430
Jun 1456
Jul 1444
Aug 1456
Sep 1416
Oct 1425
Nov 1419
Dec 1428
Jan 1520

Sales by price

January 2015.

  • Under $250K 9 sold
  • $250K to $350K 4 sold
  • $350K to $500K 5 sold
  • $500K to $750K 2 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2015.

Sales

Every sale in January 2015.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2015
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Mockingbird DrListing courtesy of Nest Realty SWVA Pinewood Estates $238,000 3 bd / 2.5 ba 1,727 sq ft $138/sq ft
Pheasant Run DrListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $156,400 4 bd / 2.5 ba 1,480 sq ft $106/sq ft
Boxwood DrListing courtesy of Coldwell Banker Townside Bburg $570,000 4 bd / 3 ba 3,200 sq ft $178/sq ft
Tall OaksListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $265,360 4 bd / 2.5 ba 2,140 sq ft $124/sq ft
Newman LnListing courtesy of NextHome New River Valley McBryde Village $274,900 3 bd / 2 ba 1,880 sq ft $146/sq ft
Mt Tabor RoadListing courtesy of Long & Foster - Blacksburg $193,750 3 bd / 2.5 ba 1,728 sq ft $112/sq ft
Loudon RdListing courtesy of Coldwell Banker Townside Bburg Cascades $88,000 2 bd / 1 ba 744 sq ft $118/sq ft
ArringtonListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $670,000 4 bd / 4 ba 2,975 sq ft $225/sq ft
Woodbine DriveListing courtesy of RE/MAX 8 - Blacksburg Woodbine $235,000 4 bd / 2.5 ba 2,668 sq ft $88/sq ft
SunridgeListing courtesy of Coldwell Banker Townside Bburg Sundance Ridge $121,000 3 bd / 2 ba 1,084 sq ft $112/sq ft
Heights LaneListing courtesy of Long & Foster - Blacksburg The Heights $230,000 3 bd / 3.5 ba 1,807 sq ft $127/sq ft
Claytor SqListing courtesy of NRV Gateway Realty Inc University Place $106,000 3 bd / 2 ba 940 sq ft $113/sq ft
Lookout DrListing courtesy of RE/MAX 8 - Blacksburg $428,870 4 bd / 2.5 ba 2,365 sq ft $181/sq ft
SmithfieldListing courtesy of Long & Foster - Blacksburg Preston Forest $453,000 3 bd / 3.5 ba 3,600 sq ft $126/sq ft
Belaire DriveListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $365,000 5 bd / 3.5 ba 3,282 sq ft $111/sq ft
Jefferson Forest LaneListing courtesy of Long & Foster - Blacksburg Preston Forest $373,500 4 bd / 2.5 ba 3,066 sq ft $122/sq ft
Cherokee DriveListing courtesy of eXp Realty LLC - DGA Salem Shenandoah $260,000 6 bd / 3.5 ba 3,120 sq ft $83/sq ft
Scott DriveListing courtesy of XRealty.net LLC Woodbine $302,000 3 bd / 3.5 ba 2,892 sq ft $104/sq ft
Village Way SouthListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $420,000 4 bd / 3.5 ba 3,334 sq ft $126/sq ft
Faystone DriveListing courtesy of NextHome New River Valley $228,000 4 bd / 2 ba 2,352 sq ft $97/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2015?

The median sale price for homes in Blacksburg in January 2015 was $262,680, across 20 sales on record (land excluded). A year earlier, in January 2014, it was $184,000.

How many homes sold in Blacksburg in January 2015?

20 homes sold in Blacksburg in January 2015, compared with 28 in December 2014 and 15 in January 2014.

How fast did homes sell in Blacksburg in January 2015?

Homes that sold in January 2015 spent a median of 75 days on the market, and 20% sold at or above their original asking price.

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