Blacksburg market report

Blacksburg housing market, July 2016.

In July 2016, 43 homes sold in Blacksburg at a median price of $238,500. In July 2015, 68 homes sold at a median of $267,450. Homes that sold spent a median of 13 days on the market and sold for a median of 97% of their original asking price.

43

Homes sold

68 a year earlier

$239K

Median sale price

Down 11% from a year earlier

$124

Per square foot

Median, sold homes

13

Days on market

Median, sold homes

97%

Of asking price

Median sale to original list

33

New listings

Homes listed this month

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

July 2016

The month in charts.

Sales by type: 31 single-family houses, 7 townhouses and 5 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through July 2016Jul 15: $267K. Jul 16: $239K. Lowest $170K (Jan 16), highest $267K (Jul 15).Jul 15: $267KAug 15: $225KSep 15: $200KOct 15: $251KNov 15: $233KDec 15: $222KJan 16: $170KFeb 16: $198KMar 16: $220KApr 16: $220KMay 16: $265KJun 16: $265KJul 16: $239K
Median home sale price in Blacksburg by month, 13 months through July 2016
PeriodMedian sale price
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
Jun 16$265K
Jul 16$239K

Homes sold per month

July 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through July 2016Jul 15: 68. Jul 16: 43. Lowest 25 (Nov 15), highest 79 (Jun 16).Jul 15: 68Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28Feb 16: 32Mar 16: 32Apr 16: 38May 16: 53Jun 16: 79Jul 16: 43
Homes sold in Blacksburg per month, 13 months through July 2016
PeriodHomes sold
Jul 1568
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534
Jan 1628
Feb 1632
Mar 1632
Apr 1638
May 1653
Jun 1679
Jul 1643

Sales by price

July 2016.

  • Under $250K 22 sold
  • $250K to $350K 13 sold
  • $350K to $500K 4 sold
  • $500K to $750K 2 sold
  • $750K to $1M 2 sold

Sales by neighborhood

Neighborhoods with the most sales in July 2016.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in July 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Deer Run RdListing courtesy of Nest Realty SWVA Mossy Springs $549,900 3 bd / 3 ba 3,550 sq ft $155/sq ft
PiedmontListing courtesy of Long & Foster - Blacksburg $315,900 3 bd / 2.5 ba 2,005 sq ft $158/sq ft
Newport TerraceListing courtesy of Long & Foster - Blacksburg University Place $115,000 3 bd / 2 ba 970 sq ft $119/sq ft
Wake Forest RdListing courtesy of Realhome Services And Solutions, Inc $56,299 4 bd / 2 ba 2,044 sq ft $28/sq ft
Claytor SqListing courtesy of RE/MAX 8 - Blacksburg University Place $109,500 3 bd / 2 ba 970 sq ft $113/sq ft
Honeysuckle DrListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $329,000 3 bd / 2.5 ba 1,866 sq ft $176/sq ft
Lucas DriveListing courtesy of New Roots Realty Springdale Addition $115,000 2 bd / 1 ba 832 sq ft $138/sq ft
Terra Bella StreetListing courtesy of NextHome New River Valley Mission Hills $252,000 4 bd / 2 ba 1,976 sq ft $128/sq ft
Donlee DrListing courtesy of Long & Foster - Blacksburg Piedmont $105,000 3 bd / 1 ba 1,012 sq ft $104/sq ft
WoodbineListing courtesy of Coldwell Banker Townside Bburg Woodbine $339,000 4 bd / 3.5 ba 3,152 sq ft $108/sq ft
Lacy LnListing courtesy of Long & Foster - Blacksburg Westover Hills $300,000 5 bd / 3 ba 2,588 sq ft $116/sq ft
Owens StListing courtesy of Coldwell Banker Townside Bburg $209,000 3 bd / 1.5 ba 1,438 sq ft $145/sq ft
Sunrise DrListing courtesy of Coldwell Banker Townside Bburg $180,000 3 bd / 1 ba 1,116 sq ft $161/sq ft
Blossom Trail WListing courtesy of Coldwell Banker Townside Bburg The Orchards $225,000 3 bd / 2.5 ba 1,700 sq ft $132/sq ft
Falcon Ridge RdListing courtesy of Porch & Picket Real Estate, Inc Deercroft $780,000 5 bd / 4.5 ba 5,228 sq ft $149/sq ft
Falcon RidgeListing courtesy of Porch & Picket Real Estate, Inc. Deercroft $780,000 5 bd / 4.5 ba 5,228 sq ft $149/sq ft
Piedmont StListing courtesy of Coldwell Banker Townside Bburg $154,000 3 bd / 1.5 ba 1,012 sq ft $152/sq ft
FincastleListing courtesy of Coldwell Banker Townside Bburg Kessler Park $389,900 4 bd / 3 ba 4,383 sq ft $89/sq ft
VillageListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $380,000 4 bd / 2.5 ba 2,294 sq ft $166/sq ft
Maplewood LnListing courtesy of Coldwell Banker Townside Bburg Gladewood $299,000 3 bd / 3 ba 2,409 sq ft $124/sq ft
Mt Vernon LaneListing courtesy of RE/MAX 8 - Blacksburg Stroubles Mill $261,000 4 bd / 3 ba 2,382 sq ft $110/sq ft
Courtney CircleListing courtesy of RE/MAX 8 - Blacksburg Echols Village $216,327 3 bd / 2.5 ba 1,452 sq ft $149/sq ft
Charles StreetListing courtesy of NRV Gateway Realty Inc Piedmont $125,500 2 bd / 1 ba 1,054 sq ft $119/sq ft
HenryListing courtesy of RE/MAX 8 - Blacksburg Patrick Henry $127,000 2 bd / 2 ba 900 sq ft $141/sq ft
Quincy CourtListing courtesy of Coldwell Banker Townside Bburg Haymarket Square $187,500 3 bd / 3.5 ba 1,704 sq ft $110/sq ft
Sussex RdListing courtesy of Coldwell Banker Townside Bburg Carriage Hill $170,900 3 bd / 3 ba 1,820 sq ft $94/sq ft
Thomas LaneListing courtesy of CENTURY 21 Rice Realty $125,000 3 bd / 1.5 ba 1,160 sq ft $108/sq ft
Canterbury CtListing courtesy of Coldwell Banker Townside Bburg Oak Manor $184,900 4 bd / 2.5 ba 1,858 sq ft $100/sq ft
BrocktonListing courtesy of Long & Foster - Blacksburg Cedar Orchard $519,950 4 bd / 4 ba 2,883 sq ft $180/sq ft
Seminole DriveListing courtesy of Long & Foster - Blacksburg Shenandoah $367,000 5 bd / 4 ba 3,135 sq ft $117/sq ft
Willard DriveListing courtesy of NextHome New River Valley Mountain View $317,000 4 bd / 2.5 ba 2,200 sq ft $144/sq ft
Little CirListing courtesy of Coldwell Banker Townside Bburg Apperson $312,000 4 bd / 4 ba 4,229 sq ft $74/sq ft
Oriole DrListing courtesy of RE/MAX 8 - Blacksburg The Glen $286,900 4 bd / 2.5 ba 1,927 sq ft $149/sq ft
Sheliah CtListing courtesy of Coldwell Banker Townside Bburg Knollwood $259,000 3 bd / 2.5 ba 2,687 sq ft $96/sq ft
Patrick Henry DrListing courtesy of NextHome New River Valley Dundas Heights $238,500 3 bd / 3 ba 2,073 sq ft $115/sq ft
Oilwell RoadListing courtesy of Coldwell Banker Townside Bburg $299,000 3 bd / 2.5 ba 2,364 sq ft $126/sq ft
McBryde DriveListing courtesy of Coldwell Banker Townside Bburg McBryde Village $340,000 5 bd / 3.5 ba 3,201 sq ft $106/sq ft
Palmer DrListing courtesy of Coldwell Banker Townside Bburg Mountain View $116,900 2 bd / 1 ba 720 sq ft $162/sq ft
VillageListing courtesy of Long & Foster - Blacksburg The Village at Tom's Creek $375,000 3 bd / 2.5 ba 2,188 sq ft $171/sq ft
Glade RdListing courtesy of RE/MAX 8 - Blacksburg $200,000 3 bd / 1 ba 1,100 sq ft $182/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in July 2016 was $238,500, across 43 sales on record (land excluded). A year earlier, in July 2015, it was $267,450.

How many homes sold in Blacksburg in July 2016?

43 homes sold in Blacksburg in July 2016, compared with 79 in June 2016 and 68 in July 2015.

How fast did homes sell in Blacksburg in July 2016?

Homes that sold in July 2016 spent a median of 13 days on the market, and 16% sold at or above their original asking price.

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