Blacksburg market report

Blacksburg housing market, December 2015.

In December 2015, 34 homes sold in Blacksburg at a median price of $221,500. In December 2014, 28 homes sold at a median of $264,950. Homes that sold spent a median of 48 days on the market and sold for a median of 97% of their original asking price.

34

Homes sold

28 a year earlier

$222K

Median sale price

Down 16% from a year earlier

$124

Per square foot

Median, sold homes

48

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

20

New listings

Homes listed this month

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

December 2015

The month in charts.

Sales by type: 20 single-family houses, 8 townhouses and 6 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through December 2015Dec 14: $265K. Dec 15: $222K. Lowest $200K (Sep 15), highest $283K (Jun 15).Dec 14: $265KJan 15: $263KFeb 15: $235KMar 15: $225KApr 15: $258KMay 15: $265KJun 15: $283KJul 15: $267KAug 15: $225KSep 15: $200KOct 15: $251KNov 15: $233KDec 15: $222K
Median home sale price in Blacksburg by month, 13 months through December 2015
PeriodMedian sale price
Dec 14$265K
Jan 15$263K
Feb 15$235K
Mar 15$225K
Apr 15$258K
May 15$265K
Jun 15$283K
Jul 15$267K
Aug 15$225K
Sep 15$200K
Oct 15$251K
Nov 15$233K
Dec 15$222K

Homes sold per month

December 2015 highlighted.

Homes sold in Blacksburg per month, 13 months through December 2015Dec 14: 28. Dec 15: 34. Lowest 13 (Feb 15), highest 68 (Jul 15).Dec 14: 28Jan 15: 20Feb 15: 13Mar 15: 32Apr 15: 32May 15: 61Jun 15: 62Jul 15: 68Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34
Homes sold in Blacksburg per month, 13 months through December 2015
PeriodHomes sold
Dec 1428
Jan 1520
Feb 1513
Mar 1532
Apr 1532
May 1561
Jun 1562
Jul 1568
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534

Sales by price

December 2015.

  • Under $250K 23 sold
  • $250K to $350K 5 sold
  • $350K to $500K 3 sold
  • $500K to $750K 2 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in December 2015.

Sales

Every sale in December 2015.

Final sale prices, newest first.

Homes sold in Blacksburg in December 2015
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Mason DrListing courtesy of Nest Realty SWVA Apperson $305,000 5 bd / 3 ba 2,417 sq ft $126/sq ft
Mt Tabor RdListing courtesy of RE/MAX 8 - Blacksburg $223,000 4 bd / 2 ba 2,632 sq ft $85/sq ft
University CityListing courtesy of Coldwell Banker Townside Bburg Sundance Village $129,900 3 bd / 2 ba 1,084 sq ft $120/sq ft
GladewoodListing courtesy of Coldwell Banker Townside Bburg Gladewood $325,000 4 bd / 3.5 ba 2,973 sq ft $109/sq ft
Crestview DrListing courtesy of Price Real Estate, Inc. Highland Park $251,000 3 bd / 2.5 ba 2,079 sq ft $121/sq ft
Silverleaf LnListing courtesy of Coldwell Banker Townside Bburg Silverleaf $239,500 3 bd / 3.5 ba 2,123 sq ft $113/sq ft
Aden LnListing courtesy of Coldwell Banker Townside Bburg Echols Village $230,000 4 bd / 2.5 ba 1,754 sq ft $131/sq ft
Silverleaf LnListing courtesy of Nest Realty SWVA Silverleaf $227,500 3 bd / 2.5 ba 1,565 sq ft $145/sq ft
Janie LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $153,500 4 bd / 2.5 ba 1,480 sq ft $104/sq ft
Hubbard StListing courtesy of Long & Foster - Blacksburg $299,000 3 bd / 2 ba 1,690 sq ft $177/sq ft
Oilwell RdListing courtesy of Long & Foster - Blacksburg $239,900 3 bd / 1.5 ba 1,832 sq ft $131/sq ft
Seneca DrListing courtesy of Coldwell Banker Townside Bburg Hunters Ridge $119,500 4 bd / 2 ba 967 sq ft $124/sq ft
University TerListing courtesy of RE/MAX 8 - Blacksburg University Terrace $126,500 4 bd / 2 ba 1,071 sq ft $118/sq ft
Oilwell RdListing courtesy of RE/MAX 8 - Blacksburg $191,000 3 bd / 2 ba 2,380 sq ft $80/sq ft
Old Farm RdListing courtesy of Coldwell Banker Townside Bburg $170,000 4 bd / 1 ba 1,400 sq ft $121/sq ft
Sheliah CourtListing courtesy of Long & Foster - Roanoke Knollwood $242,000 3 bd / 3.5 ba 1,827 sq ft $132/sq ft
Village Way SListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $418,000 4 bd / 3.5 ba 3,356 sq ft $125/sq ft
Bobwhite DrListing courtesy of Nest Realty SWVA Meadow Run $294,900 3 bd / 2.5 ba 2,134 sq ft $138/sq ft
Pheasant Run CourtListing courtesy of Nest Realty SWVA Pheasant Run $150,000 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Giles RoadListing courtesy of Nest Realty SWVA $189,900 3 bd / 1 ba 1,092 sq ft $174/sq ft
N Sunridge DriveListing courtesy of Coldwell Banker Townside Bburg Sundance Ridge $83,000 1 bd / 1.5 ba 576 sq ft $144/sq ft
Jefferson StListing courtesy of Long & Foster - Blacksburg Fiddler's Green $502,500 5 bd / 4 ba 3,945 sq ft $127/sq ft
Chelsea CourtListing courtesy of RE/MAX 8 - Blacksburg Haymarket Square $178,000 3 bd / 2.5 ba 1,740 sq ft $102/sq ft
Spickard StListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $519,000 4 bd / 3.5 ba 3,664 sq ft $142/sq ft
Liberty LnListing courtesy of RE/MAX 8 - Blacksburg Cascades Pointe $119,000 3 bd / 2 ba 924 sq ft $129/sq ft
Progress StreetListing courtesy of Coldwell Banker Townside Bburg Park Place $92,900 3 bd / 1 ba 940 sq ft $99/sq ft
Ellett RoadListing courtesy of Nest Realty SWVA $220,000 3 bd / 2.5 ba 2,172 sq ft $101/sq ft
Huntington LnListing courtesy of Long & Foster - Blacksburg Oak Manor $192,000 4 bd / 3 ba 1,815 sq ft $106/sq ft
Canterbury CtListing courtesy of Long & Foster - Blacksburg Oak Manor $183,900 3 bd / 2.5 ba 1,750 sq ft $105/sq ft
Brooksfield RdListing courtesy of Long & Foster - Blacksburg $130,000 3 bd / 2 ba 1,560 sq ft $83/sq ft
Blue Jay LnListing courtesy of Graham & David Real Estate Inc $455,000 3 bd / 3 ba 3,072 sq ft $148/sq ft
Coalwood WayListing courtesy of Long & Foster - Blacksburg Coal Bank Ridge $918,000 5 bd / 4.5 ba 6,120 sq ft $150/sq ft
Hollow Oak CtListing courtesy of Long & Foster - Blacksburg $395,000 5 bd / 3.5 ba 2,700 sq ft $146/sq ft
Wrights WayListing courtesy of RE/MAX 8 - Blacksburg $215,000 4 bd / 2 ba 1,520 sq ft $141/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in December 2015 was $221,500, across 34 sales on record (land excluded). A year earlier, in December 2014, it was $264,950.

How many homes sold in Blacksburg in December 2015?

34 homes sold in Blacksburg in December 2015, compared with 25 in November 2015 and 28 in December 2014.

How fast did homes sell in Blacksburg in December 2015?

Homes that sold in December 2015 spent a median of 48 days on the market, and 24% sold at or above their original asking price.

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