Blacksburg market report

Blacksburg housing market, March 2016.

In March 2016, 32 homes sold in Blacksburg at a median price of $220,000. In March 2015, 32 homes sold at a median of $225,000. Homes that sold spent a median of 17 days on the market and sold for a median of 97% of their original asking price.

32

Homes sold

32 a year earlier

$220K

Median sale price

Down 2% from a year earlier

$120

Per square foot

Median, sold homes

17

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

74

New listings

Homes listed this month

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

March 2016

The month in charts.

Sales by type: 19 single-family houses, 10 condos and 3 townhouses.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through March 2016Mar 15: $225K. Mar 16: $220K. Lowest $170K (Jan 16), highest $283K (Jun 15).Mar 15: $225KApr 15: $258KMay 15: $265KJun 15: $283KJul 15: $267KAug 15: $225KSep 15: $200KOct 15: $251KNov 15: $233KDec 15: $222KJan 16: $170KFeb 16: $198KMar 16: $220K
Median home sale price in Blacksburg by month, 13 months through March 2016
PeriodMedian sale price
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
Mar 16$220K

Homes sold per month

March 2016 highlighted.

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

Sales by price

March 2016.

  • Under $250K 21 sold
  • $250K to $350K 9 sold
  • $350K to $500K 1 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in March 2016.

Sales

Every sale in March 2016.

Final sale prices, newest first.

Homes sold in Blacksburg in March 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Mt Zion RoadListing courtesy of Coldwell Banker Townside Bburg $275,000 6 bd / 4.5 ba 4,070 sq ft $68/sq ft
MainListing courtesy of Nest Realty SWVA Clay Court Condominiums $225,000 1 bd / 1 ba 980 sq ft $230/sq ft
Greenwood DrListing courtesy of Nest Realty SWVA Forest Hills $192,500 4 bd / 2.5 ba 2,922 sq ft $66/sq ft
Pheasant Run CourtListing courtesy of Porch & Picket Real Estate, Inc. Pheasant Run $154,000 4 bd / 2.5 ba 1,440 sq ft $107/sq ft
University TerListing courtesy of RE/MAX 8 - Blacksburg University Terrace $128,000 4 bd / 2 ba 1,071 sq ft $120/sq ft
University TerListing courtesy of Long & Foster - Blacksburg University Terrace $128,000 4 bd / 2 ba 1,071 sq ft $120/sq ft
HenryListing courtesy of Nest Realty SWVA Patrick Henry $126,000 2 bd / 2 ba 900 sq ft $140/sq ft
Cascade CtListing courtesy of Coldwell Banker Townside Bburg University Place $117,000 3 bd / 2 ba 970 sq ft $121/sq ft
McCoy RdListing courtesy of Long & Foster - Blacksburg $55,000 3 bd / 2 ba 1,496 sq ft $37/sq ft
Kentwood DrListing courtesy of Nest Realty SWVA Fiddler's Green $332,211 3 bd / 2.5 ba 1,756 sq ft $189/sq ft
Woodbine DrListing courtesy of Long & Foster - Blacksburg Woodbine $310,500 4 bd / 3 ba 2,440 sq ft $127/sq ft
Claytor SqListing courtesy of Coldwell Banker Townside Bburg University Place $115,000 3 bd / 2 ba 970 sq ft $119/sq ft
Old Fort RoadListing courtesy of Nest Realty SWVA Montgomery Farms $215,000 3 bd / 2 ba 1,508 sq ft $143/sq ft
ProgressListing courtesy of Long & Foster - Blacksburg University Terrace $122,000 4 bd / 2 ba 1,211 sq ft $101/sq ft
Ginger LnListing courtesy of Long & Foster - Blacksburg $312,000 5 bd / 3 ba 2,464 sq ft $127/sq ft
Manchester StListing courtesy of Nest Realty SWVA Pilgrim's Pointe $232,500 3 bd / 2 ba 1,890 sq ft $123/sq ft
Laurel DriveListing courtesy of Porch & Picket Real Estate, Inc. Laurel Ridge $580,000 4 bd / 4 ba 5,084 sq ft $114/sq ft
Heartwood XingListing courtesy of Nest Realty SWVA Maple Ridge $247,000 3 bd / 2.5 ba 1,815 sq ft $136/sq ft
McCoy RdListing courtesy of RE/MAX 8 - Blacksburg $182,000 2 bd / 2.5 ba 2,304 sq ft $79/sq ft
Cedar Orchard DriveListing courtesy of Nest Realty SWVA Cedar Orchard $407,000 4 bd / 3 ba 2,576 sq ft $158/sq ft
Whipple DrListing courtesy of Coldwell Banker Townside Bburg Echols Village $231,500 3 bd / 3 ba 1,692 sq ft $137/sq ft
Apperson DrListing courtesy of Coldwell Banker Townside Bburg Apperson $295,000 5 bd / 3 ba 3,052 sq ft $97/sq ft
Canterbury CourtListing courtesy of Coldwell Banker Townside Bburg Oak Manor $177,000 4 bd / 2.5 ba 1,682 sq ft $105/sq ft
Shenandoah CircleListing courtesy of Long & Foster - Blacksburg Shenandoah $155,000 3 bd / 2.5 ba 1,364 sq ft $114/sq ft
Brightwood ManorListing courtesy of Coldwell Banker Townside Bburg Brightwood Manor $100,000 2 bd / 1 ba 978 sq ft $102/sq ft
McBrydeListing courtesy of NextHome New River Valley McBryde Village $280,000 5 bd / 3 ba 2,430 sq ft $115/sq ft
St Andrews CircleListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $295,000 3 bd / 3.5 ba 2,436 sq ft $121/sq ft
Norris Run RdListing courtesy of NRV Gateway Realty Inc $245,000 3 bd / 1 ba 1,696 sq ft $144/sq ft
Rucker RdListing courtesy of Long & Foster - Blacksburg Apperson $266,000 4 bd / 3 ba 2,900 sq ft $92/sq ft
A-8 Brightwood Manor DrListing courtesy of Long & Foster - Blacksburg Brightwood Manor $97,000 2 bd / 1 ba 978 sq ft $99/sq ft
Bishop RdListing courtesy of Century 21 Valley Real Estate $318,500 3 bd / 2 ba 2,460 sq ft $129/sq ft
Chowning PlaceListing courtesy of Coldwell Banker Townside Bburg Chowning Place $145,000 1 bd / 1 ba 884 sq ft $164/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in March 2016 was $220,000, across 32 sales on record (land excluded). A year earlier, in March 2015, it was $225,000.

How many homes sold in Blacksburg in March 2016?

32 homes sold in Blacksburg in March 2016, compared with 32 in February 2016 and 32 in March 2015.

How fast did homes sell in Blacksburg in March 2016?

Homes that sold in March 2016 spent a median of 17 days on the market, and 28% sold at or above their original asking price.

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