Blacksburg market report

Blacksburg housing market, May 2016.

In May 2016, 53 homes sold in Blacksburg at a median price of $265,000. In May 2015, 61 homes sold at a median of $265,000. Homes that sold spent a median of 12 days on the market and sold for a median of 98% of their original asking price.

53

Homes sold

61 a year earlier

$265K

Median sale price

Same as a year earlier

$135

Per square foot

Median, sold homes

12

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

49

New listings

Homes listed this month

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

May 2016

The month in charts.

Sales by type: 34 single-family houses, 12 condos and 7 townhouses.

Median sale price by month

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

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

Homes sold per month

May 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through May 2016May 15: 61. May 16: 53. Lowest 25 (Nov 15), highest 68 (Jul 15).May 15: 61Jun 15: 62Jul 15: 68Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28Feb 16: 32Mar 16: 32Apr 16: 38May 16: 53
Homes sold in Blacksburg per month, 13 months through May 2016
PeriodHomes sold
May 1561
Jun 1562
Jul 1568
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534
Jan 1628
Feb 1632
Mar 1632
Apr 1638
May 1653

Sales by price

May 2016.

  • Under $250K 23 sold
  • $250K to $350K 16 sold
  • $350K to $500K 9 sold
  • $500K to $750K 4 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in May 2016.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in May 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Deercroft DrListing courtesy of Coldwell Banker Townside Bburg Deercroft $560,000 4 bd / 3.5 ba 4,100 sq ft $137/sq ft
Kentwood DrListing courtesy of Coldwell Banker Townside Bburg The Villas at Fiddlers Green $329,500 4 bd / 3 ba 1,725 sq ft $191/sq ft
E Blossom TrailListing courtesy of RE/MAX 8 - Blacksburg The Orchards $243,900 3 bd / 2.5 ba 1,732 sq ft $141/sq ft
Charles StreetListing courtesy of Long & Foster - Blacksburg Piedmont $122,000 2 bd / 1.5 ba 966 sq ft $126/sq ft
NewportListing courtesy of Coldwell Banker Townside Bburg University Place $107,500 3 bd / 2 ba 940 sq ft $114/sq ft
Petra PassListing courtesy of Long & Foster - Blacksburg Mt. Tabor Meadows $465,000 4 bd / 3.5 ba 2,750 sq ft $169/sq ft
TrilliumListing courtesy of Alumni Real Estate The Village at Tom's Creek $329,900 3 bd / 2.5 ba 2,086 sq ft $158/sq ft
Capistrano StListing courtesy of Coldwell Banker Townside Bburg Mission Hills $264,000 5 bd / 2 ba 2,258 sq ft $117/sq ft
SunridgeListing courtesy of Coldwell Banker Townside Bburg Sundance Ridge $85,000 1 bd / 1.5 ba 576 sq ft $148/sq ft
College View DrListing courtesy of Coldwell Banker Townside Bburg $257,000 3 bd / 2.5 ba 3,031 sq ft $85/sq ft
San Marcos StListing courtesy of Coldwell Banker Townside Bburg Mission Hills $230,500 3 bd / 2 ba 1,710 sq ft $135/sq ft
S Main Unit 216 StreetListing courtesy of Coldwell Banker Townside Bburg Clay Court Condominiums $220,000 1 bd / 1 ba 980 sq ft $224/sq ft
Sage LnListing courtesy of RE/MAX 8 - Blacksburg $200,000 3 bd / 2 ba 1,287 sq ft $155/sq ft
Mateer CirListing courtesy of Coldwell Banker Townside Bburg Slusher Farm $420,000 3 bd / 2.5 ba 2,550 sq ft $165/sq ft
Honeysuckle DriveListing courtesy of Nest Realty SWVA The Village at Tom's Creek $407,000 4 bd / 3.5 ba 2,859 sq ft $142/sq ft
Hillcrest DrListing courtesy of Coldwell Banker Townside Bburg Blackwood $280,000 5 bd / 2.5 ba 2,694 sq ft $104/sq ft
Faystone DriveListing courtesy of Nest Realty SWVA $275,000 4 bd / 2.5 ba 2,248 sq ft $122/sq ft
Mountainside DrListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $330,000 4 bd / 2 ba 2,140 sq ft $154/sq ft
McBryde LnListing courtesy of Nest Realty SWVA McBryde Village $209,090 3 bd / 2 ba 1,326 sq ft $158/sq ft
Jefferson ForestListing courtesy of Coldwell Banker Townside Bburg Preston Forest $510,000 4 bd / 4.5 ba 5,069 sq ft $101/sq ft
Pine DrListing courtesy of Long & Foster - Blacksburg Northside Park $300,000 5 bd / 3 ba 3,103 sq ft $97/sq ft
Cottonwood DrListing courtesy of Coldwell Banker Townside Bburg Woodbine $249,900 3 bd / 2.5 ba 1,493 sq ft $167/sq ft
Wise LnListing courtesy of Ned Pugh & Associates $216,000 3 bd / 1.5 ba 1,350 sq ft $160/sq ft
Quincy CourtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $200,500 3 bd / 3 ba 1,980 sq ft $101/sq ft
Kentwood DrListing courtesy of Coldwell Banker Townside Bburg The Villas at Fiddlers Green $329,500 4 bd / 3 ba 1,725 sq ft $191/sq ft
Pebble BeachListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $885,000 4 bd / 4.5 ba 4,129 sq ft $214/sq ft
Redbud RoadListing courtesy of Coldwell Banker Townside Bburg The Village at Tom's Creek $555,000 5 bd / 4.5 ba 4,213 sq ft $132/sq ft
Deerfield DriveListing courtesy of Coldwell Banker Townside Bburg Deerfield $469,000 4 bd / 3 ba 2,785 sq ft $168/sq ft
Floyd StListing courtesy of Coldwell Banker Townside Bburg Cedar Orchard $419,000 4 bd / 2.5 ba 2,274 sq ft $184/sq ft
Hardwick StreetListing courtesy of RE/MAX 8 - Blacksburg Wyatt Farm $419,000 4 bd / 3.5 ba 2,900 sq ft $144/sq ft
GladeListing courtesy of Long & Foster - Blacksburg $667,000 4 bd / 4 ba 4,504 sq ft $148/sq ft
University TerListing courtesy of Burnette Real Estate Sales & Management Inc. University Terrace $118,000 4 bd / 2 ba 1,071 sq ft $110/sq ft
Cedar Orchard Dr WListing courtesy of RE/MAX 8 - Blacksburg Cedar Orchard $375,000 4 bd / 3 ba 3,100 sq ft $121/sq ft
Charles StreetListing courtesy of RE/MAX 8 - Blacksburg Piedmont $129,900 2 bd / 1.5 ba 966 sq ft $134/sq ft
Quail DriveListing courtesy of Coldwell Banker Townside Bburg Karr Heights $268,000 3 bd / 2.5 ba 1,977 sq ft $136/sq ft
New Kent RoadListing courtesy of Coldwell Banker Townside Bburg Cascades $93,000 2 bd / 1 ba 744 sq ft $125/sq ft
Mountainside DrListing courtesy of Long & Foster - Blacksburg Blacksburg Country Club $444,000 3 bd / 2.5 ba 3,225 sq ft $138/sq ft
Centennial RdListing courtesy of CHP Realty LLC $310,000 3 bd / 2.5 ba 2,100 sq ft $148/sq ft
Brunswick DriveListing courtesy of Burnette Real Estate Sales & Management Inc. $265,000 3 bd / 2.5 ba 1,996 sq ft $133/sq ft
McBryde DriveListing courtesy of Coldwell Banker Townside Bburg McBryde Village $238,000 4 bd / 3 ba 2,661 sq ft $89/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in May 2016 was $265,000, across 53 sales on record (land excluded). A year earlier, in May 2015, it was $265,000.

How many homes sold in Blacksburg in May 2016?

53 homes sold in Blacksburg in May 2016, compared with 38 in April 2016 and 61 in May 2015.

How fast did homes sell in Blacksburg in May 2016?

Homes that sold in May 2016 spent a median of 12 days on the market, and 40% sold at or above their original asking price.

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