Blacksburg market report

Blacksburg housing market, January 2016.

In January 2016, 28 homes sold in Blacksburg at a median price of $169,500. In January 2015, 20 homes sold at a median of $262,680. Homes that sold spent a median of 59 days on the market and sold for a median of 96% of their original asking price.

28

Homes sold

20 a year earlier

$170K

Median sale price

Down 35% from a year earlier

$112

Per square foot

Median, sold homes

59

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

35

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in January 2016. Land excluded.

January 2016

The month in charts.

Sales by type: 14 single-family houses, 8 townhouses and 6 condos.

Median sale price by month

The 13 months through January 2016. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through January 2016Jan 15: $263K. Jan 16: $170K. Lowest $170K (Jan 16), highest $283K (Jun 15).Jan 15: $263KFeb 15: $235KMar 15: $225KApr 15: $258KMay 15: $265KJun 15: $283KJul 15: $267KAug 15: $225KSep 15: $200KOct 15: $251KNov 15: $233KDec 15: $222KJan 16: $170K
Median home sale price in Blacksburg by month, 13 months through January 2016
PeriodMedian sale price
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
Jan 16$170K

Homes sold per month

January 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through January 2016Jan 15: 20. Jan 16: 28. Lowest 13 (Feb 15), highest 68 (Jul 15).Jan 15: 20Feb 15: 13Mar 15: 32Apr 15: 32May 15: 61Jun 15: 62Jul 15: 68Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28
Homes sold in Blacksburg per month, 13 months through January 2016
PeriodHomes sold
Jan 1520
Feb 1513
Mar 1532
Apr 1532
May 1561
Jun 1562
Jul 1568
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534
Jan 1628

Sales by price

January 2016.

  • Under $250K 20 sold
  • $250K to $350K 7 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in January 2016.

Sales

Every sale in January 2016.

Final sale prices, newest first.

Homes sold in Blacksburg in January 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Laurence LnListing courtesy of Coldwell Banker Townside Bburg Pheasant Run Crossing $159,000 4 bd / 2.5 ba 1,512 sq ft $105/sq ft
Janie LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run $154,000 4 bd / 2.5 ba 1,440 sq ft $107/sq ft
HoneysuckleListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $293,000 3 bd / 2.5 ba 1,929 sq ft $152/sq ft
HightopListing courtesy of Coldwell Banker Townside Bburg $126,000 3 bd / 2 ba 941 sq ft $134/sq ft
Hillcrest DriveListing courtesy of Advantage Realty - Roanoke Hardie Hills $289,950 4 bd / 2 ba 2,657 sq ft $109/sq ft
Newport TerListing courtesy of Coldwell Banker Townside Bburg University Place $112,000 3 bd / 2 ba 970 sq ft $115/sq ft
E Roanoke StListing courtesy of Choice Real Estate $215,000 4 bd / 3 ba 2,320 sq ft $93/sq ft
Hutcheson DrListing courtesy of Coldwell Banker Townside Bburg McBryde Village $214,000 4 bd / 2.5 ba 2,038 sq ft $105/sq ft
Fairfax RdListing courtesy of Coldwell Banker Townside Bburg Carriage Hill $135,000 3 bd / 2 ba 1,280 sq ft $105/sq ft
Seneca DrListing courtesy of Coldwell Banker Townside Bburg Hunters Ridge $128,500 4 bd / 2 ba 967 sq ft $133/sq ft
University TerListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $122,500 4 bd / 2 ba 1,071 sq ft $114/sq ft
University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $117,500 4 bd / 2 ba 935 sq ft $126/sq ft
PlankListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $509,000 5 bd / 4 ba 4,446 sq ft $114/sq ft
McBryde DrListing courtesy of RE/MAX 8 - Blacksburg McBryde Village $275,000 4 bd / 3 ba 2,828 sq ft $97/sq ft
Franklin DrListing courtesy of Century 21 Gold Key Dickerson $180,500 3 bd / 2 ba 1,800 sq ft $100/sq ft
Loudon RdListing courtesy of RE/MAX 8 - Blacksburg Carriage Hill $115,000 3 bd / 2 ba 1,280 sq ft $90/sq ft
Roanoke StListing courtesy of Coldwell Banker Townside Bburg $180,000 2 bd / 1.5 ba 1,262 sq ft $143/sq ft
Claytor SqListing courtesy of Coldwell Banker Townside Bburg University Place $111,900 3 bd / 2 ba 970 sq ft $115/sq ft
Isabel CtListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $287,500 4 bd / 3.5 ba 2,384 sq ft $121/sq ft
Sussex RdListing courtesy of RE/MAX 8 - Blacksburg Carriage Hill $128,000 2 bd / 1.5 ba 1,178 sq ft $109/sq ft
Airport RdListing courtesy of Coldwell Banker Townside Bburg Miller Southside $250,000 4 bd / 2.5 ba 1,810 sq ft $138/sq ft
Jennelle RdListing courtesy of Coldwell Banker Townside Bburg $229,000 2 bd / 2 ba 1,770 sq ft $129/sq ft
McBryde DrListing courtesy of Coldwell Banker Townside Bburg McBryde Village $239,000 3 bd / 3 ba 2,273 sq ft $105/sq ft
McCoy RoadListing courtesy of Nest Realty SWVA $122,400 3 bd / 2 ba 1,250 sq ft $98/sq ft
Honeysuckle DrListing courtesy of Alumni Real Estate The Village at Tom's Creek $329,900 3 bd / 2.5 ba 2,072 sq ft $159/sq ft
Circle DrListing courtesy of Coldwell Banker Townside Bburg McBryde Village $310,000 4 bd / 2 ba 2,630 sq ft $118/sq ft
ProgressListing courtesy of Coldwell Banker Townside Bburg Park Place $83,000 2 bd / 1 ba 760 sq ft $109/sq ft
Laurence LnListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run Crossing $147,500 4 bd / 2.5 ba 1,512 sq ft $98/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in January 2016?

The median sale price for homes in Blacksburg in January 2016 was $169,500, across 28 sales on record (land excluded). A year earlier, in January 2015, it was $262,680.

How many homes sold in Blacksburg in January 2016?

28 homes sold in Blacksburg in January 2016, compared with 34 in December 2015 and 20 in January 2015.

How fast did homes sell in Blacksburg in January 2016?

Homes that sold in January 2016 spent a median of 59 days on the market, and 18% sold at or above their original asking price.

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