Blacksburg market report

Blacksburg housing market, February 2016.

In February 2016, 32 homes sold in Blacksburg at a median price of $198,450. In February 2015, 13 homes sold at a median of $234,500. Homes that sold spent a median of 43 days on the market and sold for a median of 99% of their original asking price.

32

Homes sold

13 a year earlier

$198K

Median sale price

Down 15% from a year earlier

$107

Per square foot

Median, sold homes

43

Days on market

Median, sold homes

99%

Of asking price

Median sale to original list

43

New listings

Homes listed this month

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

February 2016

The month in charts.

Sales by type: 17 single-family houses, 11 townhouses and 4 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through February 2016Feb 15: $235K. Feb 16: $198K. Lowest $170K (Jan 16), highest $283K (Jun 15).Feb 15: $235KMar 15: $225KApr 15: $258KMay 15: $265KJun 15: $283KJul 15: $267KAug 15: $225KSep 15: $200KOct 15: $251KNov 15: $233KDec 15: $222KJan 16: $170KFeb 16: $198K
Median home sale price in Blacksburg by month, 13 months through February 2016
PeriodMedian sale price
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
Feb 16$198K

Homes sold per month

February 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2016Feb 15: 13. Feb 16: 32. Lowest 13 (Feb 15), highest 68 (Jul 15).Feb 15: 13Mar 15: 32Apr 15: 32May 15: 61Jun 15: 62Jul 15: 68Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28Feb 16: 32
Homes sold in Blacksburg per month, 13 months through February 2016
PeriodHomes sold
Feb 1513
Mar 1532
Apr 1532
May 1561
Jun 1562
Jul 1568
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534
Jan 1628
Feb 1632

Sales by price

February 2016.

  • Under $250K 22 sold
  • $250K to $350K 5 sold
  • $350K to $500K 3 sold
  • $500K to $750K 1 sold
  • $1M and up 1 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2016.

Sales

Every sale in February 2016.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Willard DrListing courtesy of Nest Realty SWVA Fiddler's Green $545,000 5 bd / 3.5 ba 3,800 sq ft $143/sq ft
New KentListing courtesy of RE/MAX 8 - Blacksburg $197,900 4 bd / 3 ba 1,908 sq ft $104/sq ft
New Kent RoadListing courtesy of RE/MAX 8 - Blacksburg $187,100 3 bd / 3 ba 1,820 sq ft $103/sq ft
Bishop RoadListing courtesy of Mandell Real Estate Group $155,000 3 bd / 2 ba 1,194 sq ft $130/sq ft
Pheasant Run CourtListing courtesy of Porch & Picket Real Estate, Inc. Pheasant Run $152,000 4 bd / 2.5 ba 1,480 sq ft $103/sq ft
Janie LnListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $149,500 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Janie LnListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $149,500 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Pheasant Run CtListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $149,500 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Pheasant Run CtListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $149,500 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Pheasant Run DrListing courtesy of Coldwell Banker Townside Bburg Pheasant Run $149,500 4 bd / 2.5 ba 1,480 sq ft $101/sq ft
Heartwood CrossingListing courtesy of Long & Foster - Blacksburg Maple Ridge $450,000 5 bd / 3.5 ba 3,600 sq ft $125/sq ft
Kentwood DrListing courtesy of Nest Realty SWVA $309,000 3 bd / 3.5 ba 2,200 sq ft $140/sq ft
Terra Bella StListing courtesy of Coldwell Banker Townside Bburg Mission Hills $243,000 5 bd / 2 ba 2,162 sq ft $112/sq ft
HeartwoodListing courtesy of Long & Foster - Blacksburg Maple Ridge $235,000 4 bd / 3 ba 2,694 sq ft $87/sq ft
Hemlock DrListing courtesy of Coldwell Banker Townside Bburg Mountain View $221,650 5 bd / 2 ba 2,520 sq ft $88/sq ft
Canterbury CtListing courtesy of Long & Foster - Blacksburg Oak Manor $199,000 4 bd / 2.5 ba 1,950 sq ft $102/sq ft
Wellesley CtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $192,000 3 bd / 3 ba 1,850 sq ft $104/sq ft
Patrick Henry DrListing courtesy of RE/MAX 8 - Blacksburg $179,900 4 bd / 3 ba 1,520 sq ft $118/sq ft
University TerListing courtesy of Long & Foster - Blacksburg University Terrace $125,000 4 bd / 2 ba 935 sq ft $134/sq ft
Talheim CircleListing courtesy of RE/MAX 8 - Blacksburg Wyatt Farm $429,900 4 bd / 2.5 ba 2,920 sq ft $147/sq ft
Primrose DrListing courtesy of RE/MAX 8 - Blacksburg Northside Park $210,000 3 bd / 2 ba 2,088 sq ft $101/sq ft
Giles RoadListing courtesy of Coldwell Banker Townside Bburg $145,000 3 bd / 1.5 ba 1,327 sq ft $109/sq ft
Hoyt StreetListing courtesy of RE/MAX 8 - Blacksburg $280,000 4 bd / 2 ba 2,892 sq ft $97/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg University Terrace $127,000 4 bd / 2 ba 1,071 sq ft $119/sq ft
MontgomeryListing courtesy of Coldwell Banker Townside Bburg Park Place $79,500 2 bd / 1 ba 760 sq ft $105/sq ft
Plank DrListing courtesy of Coldwell Banker Townside Bburg Blacksburg Country Club $1,500,000 5 bd / 5.5 ba 7,716 sq ft $194/sq ft
Honeysuckle DrListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $326,500 4 bd / 3.5 ba 2,243 sq ft $146/sq ft
Prospect StListing courtesy of Coldwell Banker Townside Bburg Fiddler's Green $324,500 3 bd / 2 ba 1,650 sq ft $197/sq ft
MainListing courtesy of NextHome New River Valley Clay Court Condominiums $215,000 1 bd / 1 ba 980 sq ft $219/sq ft
Triangle StListing courtesy of Poe & Cronk Real Estate Group $40,000 2 bd / 1 ba 1,008 sq ft $40/sq ft
Natures WayeListing courtesy of Long & Foster - Blacksburg $394,750 3 bd / 3 ba 3,275 sq ft $121/sq ft
Asher LnListing courtesy of Nest Realty SWVA Mt. Tabor Meadows $349,000 3 bd / 2.5 ba 1,826 sq ft $191/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in February 2016 was $198,450, across 32 sales on record (land excluded). A year earlier, in February 2015, it was $234,500.

How many homes sold in Blacksburg in February 2016?

32 homes sold in Blacksburg in February 2016, compared with 28 in January 2016 and 13 in February 2015.

How fast did homes sell in Blacksburg in February 2016?

Homes that sold in February 2016 spent a median of 43 days on the market, and 44% sold at or above their original asking price.

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