Blacksburg market report

Blacksburg housing market, May 2015.

In May 2015, 61 homes sold in Blacksburg at a median price of $265,000. In May 2014, 30 homes sold at a median of $247,950. Homes that sold spent a median of 24 days on the market and sold for a median of 97% of their original asking price.

61

Homes sold

30 a year earlier

$265K

Median sale price

Up 7% from a year earlier

$129

Per square foot

Median, sold homes

24

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

41

New listings

Homes listed this month

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

May 2015

The month in charts.

Sales by type: 46 single-family houses, 9 townhouses and 6 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through May 2015May 14: $248K. May 15: $265K. Lowest $210K (Nov 14), highest $265K (May 15).May 14: $248KJun 14: $240KJul 14: $265KAug 14: $246KSep 14: $233KOct 14: $240KNov 14: $210KDec 14: $265KJan 15: $263KFeb 15: $235KMar 15: $225KApr 15: $258KMay 15: $265K
Median home sale price in Blacksburg by month, 13 months through May 2015
PeriodMedian sale price
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
Apr 15$258K
May 15$265K

Homes sold per month

May 2015 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2015May 14: 30. May 15: 61. Lowest 13 (Feb 15), highest 61 (May 15).May 14: 30Jun 14: 56Jul 14: 44Aug 14: 56Sep 14: 16Oct 14: 25Nov 14: 19Dec 14: 28Jan 15: 20Feb 15: 13Mar 15: 32Apr 15: 32May 15: 61
Homes sold in Blacksburg per month, 13 months through May 2015
PeriodHomes sold
May 1430
Jun 1456
Jul 1444
Aug 1456
Sep 1416
Oct 1425
Nov 1419
Dec 1428
Jan 1520
Feb 1513
Mar 1532
Apr 1532
May 1561

Sales by price

May 2015.

  • Under $250K 28 sold
  • $250K to $350K 17 sold
  • $350K to $500K 11 sold
  • $500K to $750K 5 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2015.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2015
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
BishopListing courtesy of Nest Realty SWVA $509,500 4 bd / 3.5 ba 3,110 sq ft $164/sq ft
Locust AvenueListing courtesy of Nest Realty SWVA Highland Park $265,000 3 bd / 3 ba 1,915 sq ft $138/sq ft
Westover DrListing courtesy of RE/MAX 8 Christiansburg Westover Hills $239,500 4 bd / 2.5 ba 2,497 sq ft $96/sq ft
Scott DrListing courtesy of NextHome New River Valley Woodbine $196,500 4 bd / 3 ba 2,552 sq ft $77/sq ft
Pheasant Run DriveListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $136,000 4 bd / 2.5 ba 1,480 sq ft $92/sq ft
Petra PassListing courtesy of NextHome New River Valley Mt. Tabor Meadows $550,000 4 bd / 4.5 ba 4,043 sq ft $136/sq ft
Asher LnListing courtesy of NextHome New River Valley Mt. Tabor Meadows $390,000 4 bd / 3.5 ba 2,326 sq ft $168/sq ft
Shelor LnListing courtesy of Coldwell Banker Townside Bburg $346,000 4 bd / 2.5 ba 2,580 sq ft $134/sq ft
Lora LaneListing courtesy of Long & Foster - Blacksburg Tremont Estates $165,000 3 bd / 2.5 ba 1,440 sq ft $115/sq ft
Newport TerraceListing courtesy of Coldwell Banker Townside Bburg University Place $111,000 3 bd / 2 ba 970 sq ft $114/sq ft
Cedar Hill DrListing courtesy of Long & Foster - Blacksburg Cedar Hill $234,900 3 bd / 2.5 ba 1,709 sq ft $137/sq ft
TrilliumListing courtesy of XRealty.net LLC The Village at Tom's Creek $305,000 3 bd / 2 ba 1,663 sq ft $183/sq ft
Cedar Hill DrListing courtesy of RE/MAX 8 - Blacksburg Cedar Hill $215,500 4 bd / 2 ba 1,498 sq ft $144/sq ft
Forest Hill DriveListing courtesy of Long & Foster - Blacksburg Forest Hills $347,000 4 bd / 3 ba 2,620 sq ft $132/sq ft
S Knollwood DriveListing courtesy of Coldwell Banker Townside Bburg Knollwood $175,000 3 bd / 2 ba 1,170 sq ft $150/sq ft
HoogendamListing courtesy of Porch & Picket Real Estate, Inc. $100,000 2 bd / 1 ba 852 sq ft $117/sq ft
Bishop RoadListing courtesy of Shirley Sellers, Inc. $380,700 3 bd / 3 ba 2,606 sq ft $146/sq ft
Cherokee DriveListing courtesy of RE/MAX 8 - Blacksburg Shenandoah $330,000 4 bd / 3.5 ba 3,100 sq ft $106/sq ft
Lakewood Dr NWListing courtesy of Coldwell Banker Townside Bburg $310,000 4 bd / 3 ba 2,438 sq ft $127/sq ft
Robin RdListing courtesy of RE/MAX 8 - Blacksburg Karr Heights $270,900 4 bd / 2.5 ba 1,963 sq ft $138/sq ft
Sheliah CourtListing courtesy of RE/MAX 8 - Blacksburg Knollwood $236,500 3 bd / 3.5 ba 2,161 sq ft $109/sq ft
Dry Run RdListing courtesy of NextHome New River Valley $226,500 3 bd / 2.5 ba 2,044 sq ft $111/sq ft
Ridgeview DriveListing courtesy of Coldwell Banker Townside Bburg Kessler Park $255,000 4 bd / 2 ba 2,400 sq ft $106/sq ft
McCoy RdListing courtesy of Long & Foster - Blacksburg $168,900 2 bd / 2 ba 1,369 sq ft $123/sq ft
Kabrich StListing courtesy of RE/MAX 8 - Blacksburg $170,000 2 bd / 1 ba 755 sq ft $225/sq ft
Ashlawn DrListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $380,000 5 bd / 3.5 ba 3,815 sq ft $100/sq ft
HoneysuckleListing courtesy of Shirley Sellers, Inc. The Village at Tom's Creek $324,900 3 bd / 2.5 ba 2,083 sq ft $156/sq ft
Reynolds AveListing courtesy of Price Real Estate, Inc. $190,000 3 bd / 2 ba 1,750 sq ft $109/sq ft
Evergreen TrailListing courtesy of Coldwell Banker Townside Bburg Brush Mountain West $510,000 4 bd / 4.5 ba 4,296 sq ft $119/sq ft
Susannah DrListing courtesy of Nest Realty SWVA Preston Forest $360,000 4 bd / 3 ba 2,345 sq ft $154/sq ft
Oriole DriveListing courtesy of Nest Realty SWVA The Glen $285,000 4 bd / 3 ba 2,168 sq ft $131/sq ft
Rainbow Ridge DrListing courtesy of Coldwell Banker Townside Bburg $274,900 4 bd / 2 ba 2,490 sq ft $110/sq ft
Ashford CtListing courtesy of Coldwell Banker Townside Bburg $231,900 2 bd / 2 ba 1,403 sq ft $165/sq ft
Huntington LaneListing courtesy of Coldwell Banker Townside Bburg Oak Manor $187,000 3 bd / 3 ba 1,860 sq ft $101/sq ft
Chelsea CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $181,000 3 bd / 3 ba 1,764 sq ft $103/sq ft
Happy Hollow RdListing courtesy of Long & Foster - Blacksburg $385,000 4 bd / 3 ba 2,811 sq ft $137/sq ft
VillageListing courtesy of Nest Realty SWVA The Village at Tom's Creek $368,500 4 bd / 2.5 ba 2,188 sq ft $168/sq ft
Harding RdListing courtesy of Nest Realty SWVA $195,000 3 bd / 2 ba 1,364 sq ft $143/sq ft
McCoy RoadListing courtesy of Hokie Real Estate, Inc. $181,000 3 bd / 2.5 ba 2,200 sq ft $82/sq ft
Janie LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $149,000 4 bd / 2.5 ba 1,480 sq ft $101/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2015 was $265,000, across 61 sales on record (land excluded). A year earlier, in May 2014, it was $247,950.

How many homes sold in Blacksburg in May 2015?

61 homes sold in Blacksburg in May 2015, compared with 32 in April 2015 and 30 in May 2014.

How fast did homes sell in Blacksburg in May 2015?

Homes that sold in May 2015 spent a median of 24 days on the market, and 30% sold at or above their original asking price.

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