Blacksburg market report

Blacksburg housing market, March 2015.

In March 2015, 32 homes sold in Blacksburg at a median price of $225,000. In March 2014, 26 homes sold at a median of $230,000. Homes that sold spent a median of 65 days on the market and sold for a median of 96% of their original asking price.

Homes sold

26 a year earlier

$225K

Median sale price

Down 2% from a year earlier

$123

Per square foot

Median, sold homes

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

New listings

Homes listed this month

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

March 2015

The month in charts.

Sales by type: 21 single-family houses, 8 condos and 3 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through March 2015
Period	Median sale price
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
Feb 15	$235K
Mar 15	$225K

Homes sold per month

March 2015 highlighted.

Homes sold in Blacksburg per month, 13 months through March 2015
Period	Homes sold
Mar 14	26
Apr 14	27
May 14	30
Jun 14	56
Jul 14	44
Aug 14	56
Sep 14	16
Oct 14	25
Nov 14	19
Dec 14	28
Jan 15	20
Feb 15	13
Mar 15	32

Sales by price

March 2015.

Under $250K 19 sold
$250K to $350K 8 sold
$350K to $500K 5 sold

Sales by neighborhood

Neighborhoods with the most sales in March 2015.

Pheasant Run Crossing 3 soldMedian $170K
Piedmont 3 soldMedian $121K
University Terrace 2 sold
University Place 2 sold
Cedar Orchard 1 sold
Maple Ridge 1 sold
Brookfield Village 1 sold
Preston Forest 1 sold
Brush Mountain Estates 1 sold
Dickerson 1 sold

Sales

Every sale in March 2015.

Final sale prices, newest first.

Homes sold in Blacksburg in March 2015
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
Mt Tabor RdListing courtesy of Coldwell Banker Townside Bburg		Mar 30, 2015	$370,000	5 bd / 3 ba	3,112 sq ft	$119/sq ft
Brook CirListing courtesy of NextHome New River Valley	Brookfield Village	Mar 30, 2015	$357,000	4 bd / 2.5 ba	2,473 sq ft	$144/sq ft
AlleghanyListing courtesy of Coldwell Banker Townside Bburg	Knob Hill	Mar 30, 2015	$235,900	4 bd / 3 ba	2,272 sq ft	$104/sq ft
Jennifer DrListing courtesy of Coldwell Banker Townside Bburg	Pheasant Run Crossing	Mar 30, 2015	$175,500	4 bd / 2.5 ba	1,512 sq ft	$116/sq ft
Orchard View LaneListing courtesy of Long & Foster - Blacksburg		Mar 27, 2015	$156,000	2 bd / 1 ba	1,158 sq ft	$135/sq ft
Charles StListing courtesy of Nest Realty SWVA	Piedmont	Mar 27, 2015	$121,000	2 bd / 1 ba	877 sq ft	$138/sq ft
University TerraceListing courtesy of Nest Realty SWVA	University Terrace	Mar 26, 2015	$118,000	4 bd / 2 ba	950 sq ft	$124/sq ft
Belaire DriveListing courtesy of RE/MAX 8 - Blacksburg	Brush Mountain Estates	Mar 25, 2015	$320,000	3 bd / 2.5 ba	2,137 sq ft	$150/sq ft
Laurence LnListing courtesy of Coldwell Banker Townside Bburg	Pheasant Run Crossing	Mar 25, 2015	$170,000	4 bd / 2.5 ba	1,500 sq ft	$113/sq ft
HeartwoodListing courtesy of Long & Foster - Blacksburg	Maple Ridge	Mar 23, 2015	$430,000	4 bd / 3.5 ba	3,367 sq ft	$128/sq ft
Progress StreetListing courtesy of Long & Foster - Blacksburg		Mar 20, 2015	$300,000	4 bd / 2 ba	2,738 sq ft	$110/sq ft
Loudon RdListing courtesy of NextHome New River Valley	Cascades	Mar 20, 2015	$83,500	2 bd / 1 ba	744 sq ft	$112/sq ft
Briarwood DrListing courtesy of Advantage Realty - Roanoke	Gladewood	Mar 18, 2015	$246,000	4 bd / 2 ba	2,448 sq ft	$100/sq ft
Lark LnListing courtesy of XRealty.net LLC	Karr Heights	Mar 18, 2015	$232,000	3 bd / 2 ba	1,551 sq ft	$150/sq ft
Hearthstone DrListing courtesy of RE/MAX Valley-Roanoke	Dickerson	Mar 17, 2015	$285,000	3 bd / 2 ba	1,550 sq ft	$184/sq ft
Brush Mountain RoadListing courtesy of Coldwell Banker Townside Bburg	Brush Mountain West	Mar 17, 2015	$274,120	3 bd / 3 ba	2,231 sq ft	$123/sq ft
Christine CtListing courtesy of RE/MAX 8 - Blacksburg	Pheasant Run Crossing	Mar 17, 2015	$158,500	4 bd / 2.5 ba	1,512 sq ft	$105/sq ft
Claytor SquareListing courtesy of Coldwell Banker Townside Bburg	University Place	Mar 16, 2015	$106,000	3 bd / 2 ba	980 sq ft	$108/sq ft
Cedar OrchardListing courtesy of Mabry & Cox REALTORS®	Cedar Orchard	Mar 13, 2015	$485,000	4 bd / 2.5 ba	2,960 sq ft	$164/sq ft
Ardmore StListing courtesy of RE/MAX 8 Christiansburg		Mar 13, 2015	$172,000	4 bd / 1.5 ba	1,404 sq ft	$123/sq ft
Oriole DrListing courtesy of RE/MAX 8 - Blacksburg	The Glen	Mar 12, 2015	$262,000	4 bd / 2.5 ba	1,887 sq ft	$139/sq ft
McBryde LnListing courtesy of Coldwell Banker Townside Bburg	Stonegate	Mar 11, 2015	$255,000	4 bd / 3 ba	2,703 sq ft	$94/sq ft
C University TerraceListing courtesy of Long & Foster - Blacksburg	University Terrace	Mar 10, 2015	$116,900	4 bd / 2 ba	935 sq ft	$125/sq ft
Thomas LnListing courtesy of Old Virginia Real Estate		Mar 9, 2015	$119,000	3 bd / 1 ba	900 sq ft	$132/sq ft
Donlee DriveListing courtesy of Coldwell Banker Townside Bburg	Piedmont	Mar 9, 2015	$85,000	3 bd / 1 ba	1,012 sq ft	$84/sq ft
Westover DriveListing courtesy of RE/MAX 8 - Blacksburg	Westover Hills	Mar 6, 2015	$275,000	3 bd / 2 ba	2,042 sq ft	$135/sq ft
Whipple DriveListing courtesy of Coldwell Banker Townside Bburg	Echols Village	Mar 6, 2015	$218,000	3 bd / 2.5 ba	1,812 sq ft	$120/sq ft
Sandy CircleListing courtesy of Coldwell Banker Townside Bburg	Montgomery Farms	Mar 6, 2015	$194,000	4 bd / 3 ba	1,944 sq ft	$100/sq ft
Claytor SquareListing courtesy of Coldwell Banker Townside Bburg	University Place	Mar 4, 2015	$108,000	3 bd / 2 ba	970 sq ft	$111/sq ft
Green Meadow DrListing courtesy of Coldwell Banker Townside Bburg		Mar 3, 2015	$382,000	5 bd / 3.5 ba	3,036 sq ft	$126/sq ft
Susannah DrListing courtesy of Hokie Real Estate, Inc.	Preston Forest	Mar 2, 2015	$341,000	4 bd / 3 ba	2,490 sq ft	$137/sq ft
Donlee DrListing courtesy of Coldwell Banker Townside Bburg	Piedmont	Mar 2, 2015	$130,000	3 bd / 2 ba	1,400 sq ft	$93/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in March 2015 was $225,000, across 32 sales on record (land excluded). A year earlier, in March 2014, it was $230,000.

How many homes sold in Blacksburg in March 2015?

32 homes sold in Blacksburg in March 2015, compared with 13 in February 2015 and 26 in March 2014.

How fast did homes sell in Blacksburg in March 2015?

Homes that sold in March 2015 spent a median of 65 days on the market, and 16% sold at or above their original asking price.

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