Blacksburg market report

Blacksburg housing market, August 2016.

In August 2016, 46 homes sold in Blacksburg at a median price of $265,250. In August 2015, 53 homes sold at a median of $225,000. Homes that sold spent a median of 42 days on the market and sold for a median of 96% of their original asking price.

46

Homes sold

53 a year earlier

$265K

Median sale price

Up 18% from a year earlier

$136

Per square foot

Median, sold homes

42

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

35

New listings

Homes listed this month

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

August 2016

The month in charts.

Sales by type: 35 single-family houses, 7 condos and 4 townhouses.

Median sale price by month

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

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

Homes sold per month

August 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through August 2016Aug 15: 53. Aug 16: 46. Lowest 25 (Nov 15), highest 79 (Jun 16).Aug 15: 53Sep 15: 31Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28Feb 16: 32Mar 16: 32Apr 16: 38May 16: 53Jun 16: 79Jul 16: 43Aug 16: 46
Homes sold in Blacksburg per month, 13 months through August 2016
PeriodHomes sold
Aug 1553
Sep 1531
Oct 1532
Nov 1525
Dec 1534
Jan 1628
Feb 1632
Mar 1632
Apr 1638
May 1653
Jun 1679
Jul 1643
Aug 1646

Sales by price

August 2016.

  • Under $250K 22 sold
  • $250K to $350K 13 sold
  • $350K to $500K 8 sold
  • $500K to $750K 2 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in August 2016.

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in August 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Clairmont DrListing courtesy of Phillips Real Estate $350,000 3 bd / 2 ba 1,900 sq ft $184/sq ft
Craig DrListing courtesy of Long & Foster - Blacksburg Northside Park $323,000 4 bd / 3 ba 2,247 sq ft $144/sq ft
Blossom Trail WestListing courtesy of Long & Foster - Blacksburg The Orchards $210,000 3 bd / 2.5 ba 1,844 sq ft $114/sq ft
Pearl LnListing courtesy of Burnette Real Estate Sales & Management Inc. $46,200 2 bd / 1 ba 771 sq ft $60/sq ft
MonarchListing courtesy of Coldwell Banker Townside Bburg Northside Park $452,500 4 bd / 3.5 ba 4,603 sq ft $98/sq ft
Cherokee DriveListing courtesy of Long & Foster - Blacksburg Shenandoah $325,000 5 bd / 2.5 ba 2,858 sq ft $114/sq ft
Cascade CtListing courtesy of Long & Foster - Blacksburg University Place $119,000 3 bd / 2 ba 970 sq ft $123/sq ft
Grissom LnListing courtesy of Coldwell Banker Townside Bburg Piedmont $147,000 3 bd / 2 ba 1,344 sq ft $109/sq ft
Willard DriveListing courtesy of Coldwell Banker Townside Bburg Fiddler's Green $630,000 4 bd / 3.5 ba 3,225 sq ft $195/sq ft
KnollwoodListing courtesy of RE/MAX 8 - Blacksburg Knollwood $179,000 2 bd / 2 ba 1,026 sq ft $174/sq ft
Cedar Hill DriveListing courtesy of CHP Realty LLC Cedar Hill $216,500 3 bd / 2.5 ba 1,416 sq ft $153/sq ft
Boxwood DrListing courtesy of Old Virginia Real Estate $199,900 3 bd / 4 ba 2,080 sq ft $96/sq ft
Augusta National DriveListing courtesy of Nest Realty SWVA Blacksburg Country Club $442,000 4 bd / 4.5 ba 3,276 sq ft $135/sq ft
Prospect StreetListing courtesy of Coldwell Banker Townside Bburg Fiddler's Green $322,500 3 bd / 2 ba 1,650 sq ft $195/sq ft
Patrick Henry DrListing courtesy of Lavinder Real Estate Apperson $242,000 4 bd / 3 ba 2,899 sq ft $83/sq ft
Falcon Ridge RdListing courtesy of Coldwell Banker Townside Bburg Deercroft $690,000 5 bd / 4.5 ba 5,060 sq ft $136/sq ft
Palmer DrListing courtesy of Coldwell Banker Townside Bburg The Villas at Fiddlers Green $331,000 3 bd / 2.5 ba 2,045 sq ft $162/sq ft
Crestview DriveListing courtesy of RE/MAX 8 - Blacksburg Highland Park $245,000 4 bd / 3 ba 2,500 sq ft $98/sq ft
Chateau CourtListing courtesy of Hokie Real Estate, Inc. Vistas $240,000 3 bd / 2.5 ba 1,980 sq ft $121/sq ft
Woodhaven CtListing courtesy of Coldwell Banker Townside Bburg Deercroft $875,000 4 bd / 3.5 ba 4,808 sq ft $182/sq ft
Village WayListing courtesy of Alumni Real Estate The Village at Tom's Creek $420,000 4 bd / 3 ba 3,300 sq ft $127/sq ft
Lucas DrListing courtesy of Nest Realty SWVA Dickerson $270,000 3 bd / 2 ba 1,781 sq ft $152/sq ft
Cottonwood DrListing courtesy of Hokie Real Estate, Inc. Woodbine $265,000 4 bd / 3.5 ba 2,310 sq ft $115/sq ft
Eheart St WListing courtesy of McCraw Real Estate-Floyd Miller Southside $225,000 3 bd / 3 ba 1,485 sq ft $152/sq ft
KnollwoodListing courtesy of RE/MAX 8 - Blacksburg Knollwood $182,500 3 bd / 2 ba 1,152 sq ft $158/sq ft
Estates DrListing courtesy of Long & Foster - Blacksburg $129,900 3 bd / 1.5 ba 1,344 sq ft $97/sq ft
McCoy RdListing courtesy of Nest Realty SWVA $197,000 3 bd / 1 ba 1,295 sq ft $152/sq ft
Jennifer DriveListing courtesy of Coldwell Banker Townside Bburg Pheasant Run Crossing $157,750 4 bd / 2.5 ba 1,512 sq ft $104/sq ft
HutchesonListing courtesy of Coldwell Banker Townside Bburg McBryde Village $278,000 3 bd / 2 ba 1,623 sq ft $171/sq ft
Wildflower LnListing courtesy of Long & Foster - Blacksburg Northside Park $367,000 4 bd / 3.5 ba 3,094 sq ft $119/sq ft
Loudon RdListing courtesy of Nest Realty SWVA Cascades $93,000 2 bd / 1 ba 744 sq ft $125/sq ft
Northside DriveListing courtesy of Long & Foster - Blacksburg Northside Park $438,000 5 bd / 3.5 ba 3,655 sq ft $120/sq ft
Hollow Oak DriveListing courtesy of Long & Foster - Blacksburg Maple Ridge $433,750 5 bd / 3 ba 2,764 sq ft $157/sq ft
StradfordListing courtesy of Coldwell Banker Townside Bburg Stroubles Mill $295,000 4 bd / 2 ba 2,332 sq ft $127/sq ft
Birch Leaf LnListing courtesy of Nest Realty SWVA Woodbine $229,000 3 bd / 2.5 ba 2,076 sq ft $110/sq ft
Allendale CtListing courtesy of Coldwell Banker Townside Bburg Miller Southside $195,000 3 bd / 2 ba 1,290 sq ft $151/sq ft
Liberty LaneListing courtesy of RE/MAX 8 - Blacksburg Cascades Pointe $106,000 2 bd / 1 ba 756 sq ft $140/sq ft
Gordon DrListing courtesy of XRealty.net LLC Brush Mountain Estates $340,000 3 bd / 2.5 ba 2,701 sq ft $126/sq ft
Gedney Park DriveListing courtesy of McCraw Real Estate $293,500 3 bd / 2 ba 1,692 sq ft $173/sq ft
Mountain BreezeListing courtesy of Coldwell Banker Townside Bburg Maple Ridge $267,000 4 bd / 3 ba 2,248 sq ft $119/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in August 2016 was $265,250, across 46 sales on record (land excluded). A year earlier, in August 2015, it was $225,000.

How many homes sold in Blacksburg in August 2016?

46 homes sold in Blacksburg in August 2016, compared with 43 in July 2016 and 53 in August 2015.

How fast did homes sell in Blacksburg in August 2016?

Homes that sold in August 2016 spent a median of 42 days on the market, and 13% sold at or above their original asking price.

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