Blacksburg market report

Blacksburg housing market, April 2016.

In April 2016, 38 homes sold in Blacksburg at a median price of $220,000. In April 2015, 32 homes sold at a median of $257,500. Homes that sold spent a median of 57 days on the market and sold for a median of 97% of their original asking price.

38

Homes sold

32 a year earlier

$220K

Median sale price

Down 15% from a year earlier

$125

Per square foot

Median, sold homes

57

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

60

New listings

Homes listed this month

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

April 2016

The month in charts.

Sales by type: 26 single-family houses, 7 condos and 5 townhouses.

Median sale price by month

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

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

Homes sold per month

April 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through April 2016Apr 15: 32. Apr 16: 38. Lowest 25 (Nov 15), highest 68 (Jul 15).Apr 15: 32May 15: 61Jun 15: 62Jul 15: 68Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28Feb 16: 32Mar 16: 32Apr 16: 38
Homes sold in Blacksburg per month, 13 months through April 2016
PeriodHomes sold
Apr 1532
May 1561
Jun 1562
Jul 1568
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534
Jan 1628
Feb 1632
Mar 1632
Apr 1638

Sales by price

April 2016.

  • Under $250K 22 sold
  • $250K to $350K 11 sold
  • $350K to $500K 4 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in April 2016.

Sales

Every sale in April 2016.

Final sale prices, newest first.

Homes sold in Blacksburg in April 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Burley LaneListing courtesy of eXp Realty LLC - DGA Salem $180,000 3 bd / 2 ba 1,800 sq ft $100/sq ft
Christine CtListing courtesy of RE/MAX 8 - Blacksburg Pheasant Run Crossing $165,000 4 bd / 2.5 ba 1,512 sq ft $109/sq ft
Seneca DrListing courtesy of Coldwell Banker Townside Bburg Hunters Ridge $129,900 4 bd / 2 ba 967 sq ft $134/sq ft
Kentwood DrListing courtesy of Phillips Real Estate Fiddler's Green $315,000 3 bd / 2.5 ba 1,842 sq ft $171/sq ft
Mourning Dove DrListing courtesy of Nest Realty SWVA Meadow Run $289,900 4 bd / 2.5 ba 2,376 sq ft $122/sq ft
Hoyt StListing courtesy of Advantage Realty - Roanoke $282,000 4 bd / 3 ba 2,300 sq ft $123/sq ft
Wrights WayListing courtesy of Nest Realty SWVA $215,000 3 bd / 3 ba 1,480 sq ft $145/sq ft
Mockingbird DriveListing courtesy of RE/MAX 8 - Blacksburg Pinewood Estates $205,000 3 bd / 2.5 ba 1,716 sq ft $119/sq ft
Christine CourtListing courtesy of Nest Realty SWVA Pheasant Run Crossing $164,000 4 bd / 2.5 ba 1,512 sq ft $108/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg University Terrace $123,000 4 bd / 2 ba 935 sq ft $132/sq ft
Primrose DrListing courtesy of Nest Realty SWVA Northside Park $325,000 3 bd / 3.5 ba 2,892 sq ft $112/sq ft
McBryde DrListing courtesy of Mandell Real Estate Group McBryde Village $240,000 4 bd / 2 ba 1,553 sq ft $155/sq ft
KnollwoodListing courtesy of Coldwell Banker Townside Bburg Knollwood $180,000 3 bd / 2 ba 1,152 sq ft $156/sq ft
Deer RunListing courtesy of Coldwell Banker Townside Bburg Mossy Springs $400,000 4 bd / 3.5 ba 3,095 sq ft $129/sq ft
Watson LaneListing courtesy of Nest Realty SWVA McBryde Village $290,000 4 bd / 3 ba 2,980 sq ft $97/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg University Terrace $113,850 4 bd / 2 ba 1,071 sq ft $106/sq ft
Montgomery StreetListing courtesy of McNeil Real Estate $167,000 2 bd / 2 ba 1,200 sq ft $139/sq ft
Chowning PlListing courtesy of Coldwell Banker Townside Bburg Chowning Place $139,950 1 bd / 1 ba 759 sq ft $184/sq ft
Courtney CirListing courtesy of NextHome New River Valley Echols Village $215,000 3 bd / 2.5 ba 1,452 sq ft $148/sq ft
Mateer CirListing courtesy of McCraw Real Estate Slusher Farm $390,000 3 bd / 2.5 ba 2,222 sq ft $176/sq ft
Landsdowne StListing courtesy of RE/MAX 8 - Blacksburg Forest Hills $370,000 4 bd / 3 ba 4,038 sq ft $92/sq ft
Fork FarmsListing courtesy of RE/MAX 8 Christiansburg $325,000 4 bd / 2.5 ba 3,240 sq ft $100/sq ft
Falcon Ridge RdListing courtesy of Coldwell Banker Townside Bburg Deercroft $525,000 3 bd / 3 ba 3,886 sq ft $135/sq ft
Cranwell CirListing courtesy of Coldwell Banker Townside Bburg Hardie Hills $228,000 3 bd / 2 ba 1,820 sq ft $125/sq ft
Giles RdListing courtesy of RE/MAX 8 - Blacksburg $179,000 3 bd / 2 ba 1,072 sq ft $167/sq ft
Alleghany StListing courtesy of Coldwell Banker Townside Bburg Knob Hill $225,000 3 bd / 2.5 ba 1,246 sq ft $181/sq ft
St Andrews CircleListing courtesy of Nest Realty SWVA Blacksburg Country Club $282,950 4 bd / 2 ba 2,275 sq ft $124/sq ft
Claytor SquareListing courtesy of Long & Foster - Blacksburg University Place $110,000 3 bd / 2 ba 970 sq ft $113/sq ft
Horseshoe LnListing courtesy of Long & Foster - Blacksburg Mt. Tabor Village $305,500 5 bd / 3 ba 2,712 sq ft $113/sq ft
Wellesley CourtListing courtesy of Long & Foster - Blacksburg Haymarket Square $180,957 3 bd / 2.5 ba 1,342 sq ft $135/sq ft
Palmer DrListing courtesy of Long & Foster - Blacksburg Mountain View $171,000 0 bd / 1 ba 1,616 sq ft $106/sq ft
Cedar Orchard DriveListing courtesy of RE/MAX 8 - Blacksburg Cedar Orchard $369,000 4 bd / 4 ba 4,262 sq ft $87/sq ft
Loudon RoadListing courtesy of RE/MAX 8 - Blacksburg Carriage Hill $150,000 3 bd / 2 ba 1,280 sq ft $117/sq ft
Catawba RoadListing courtesy of Long & Foster - Blacksburg $264,000 1 bd / 2 ba 1,440 sq ft $183/sq ft
Woodbine DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $274,523 4 bd / 2.5 ba 2,970 sq ft $92/sq ft
Heartwood CrossingListing courtesy of Berkshire Hathaway Home Services Mountain Sky Properties-Wythev Maple Ridge $257,500 4 bd / 2.5 ba 1,912 sq ft $135/sq ft
Shenandoah CircleListing courtesy of Old Virginia Real Estate Shenandoah $147,000 3 bd / 2.5 ba 1,273 sq ft $115/sq ft
N Knollwood DriveListing courtesy of Coldwell Banker Townside Bburg Knollwood $131,900 1 bd / 1 ba 770 sq ft $171/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in April 2016 was $220,000, across 38 sales on record (land excluded). A year earlier, in April 2015, it was $257,500.

How many homes sold in Blacksburg in April 2016?

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

How fast did homes sell in Blacksburg in April 2016?

Homes that sold in April 2016 spent a median of 57 days on the market, and 18% sold at or above their original asking price.

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