Blacksburg market report

Blacksburg housing market, October 2016.

In October 2016, 25 homes sold in Blacksburg at a median price of $302,500. In October 2015, 32 homes sold at a median of $251,000. Homes that sold spent a median of 17 days on the market and sold for a median of 98% of their original asking price.

25

Homes sold

32 a year earlier

$303K

Median sale price

Up 21% from a year earlier

$134

Per square foot

Median, sold homes

17

Days on market

Median, sold homes

98%

Of asking price

Median sale to original list

19

New listings

Homes listed this month

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

October 2016

The month in charts.

Sales by type: 19 single-family houses, 4 townhouses and 2 condos.

Median sale price by month

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

Median home sale price in Blacksburg by month, 13 months through October 2016Oct 15: $251K. Oct 16: $303K. Lowest $170K (Jan 16), highest $303K (Oct 16).Oct 15: $251KNov 15: $233KDec 15: $222KJan 16: $170KFeb 16: $198KMar 16: $220KApr 16: $220KMay 16: $265KJun 16: $265KJul 16: $239KAug 16: $265KSep 16: $254KOct 16: $303K
Median home sale price in Blacksburg by month, 13 months through October 2016
PeriodMedian sale price
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
Sep 16$254K
Oct 16$303K

Homes sold per month

October 2016 highlighted.

Homes sold in Blacksburg per month, 13 months through October 2016Oct 15: 32. Oct 16: 25. Lowest 25 (Nov 15), highest 79 (Jun 16).Oct 15: 32Nov 15: 25Dec 15: 34Jan 16: 28Feb 16: 32Mar 16: 32Apr 16: 38May 16: 53Jun 16: 79Jul 16: 43Aug 16: 46Sep 16: 36Oct 16: 25
Homes sold in Blacksburg per month, 13 months through October 2016
PeriodHomes sold
Oct 1532
Nov 1525
Dec 1534
Jan 1628
Feb 1632
Mar 1632
Apr 1638
May 1653
Jun 1679
Jul 1643
Aug 1646
Sep 1636
Oct 1625

Sales by price

October 2016.

  • Under $250K 9 sold
  • $250K to $350K 9 sold
  • $350K to $500K 4 sold
  • $500K to $750K 2 sold
  • $750K to $1M 1 sold

Sales by neighborhood

Neighborhoods with the most sales in October 2016.

Sales

Every sale in October 2016.

Final sale prices, newest first.

Homes sold in Blacksburg in October 2016
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Courtney CirListing courtesy of RE/MAX 8 - Blacksburg Echols Village $230,000 4 bd / 3.5 ba 2,476 sq ft $93/sq ft
Airport RdListing courtesy of Nest Realty SWVA $775,000 5 bd / 3.5 ba 3,592 sq ft $216/sq ft
Murphy StListing courtesy of Coldwell Banker Townside Bburg $475,000 4 bd / 4 ba 3,532 sq ft $134/sq ft
Ballard CtListing courtesy of Long & Foster - Blacksburg Preston Forest $305,000 4 bd / 3.5 ba 2,731 sq ft $112/sq ft
Mockingbird DrListing courtesy of RE/MAX 8 - Blacksburg Pinewood Estates $225,000 3 bd / 2 ba 1,537 sq ft $146/sq ft
Locust AvenueListing courtesy of Coldwell Banker Townside Bburg Highland Park $257,000 3 bd / 3 ba 2,044 sq ft $126/sq ft
Old Fort RoadListing courtesy of RE/MAX 8 - Blacksburg Montgomery Farms $317,000 4 bd / 2.5 ba 2,134 sq ft $149/sq ft
Christine CtListing courtesy of XRealty.net LLC Pheasant Run Crossing $170,000 4 bd / 2.5 ba 1,512 sq ft $112/sq ft
Newport TerraceListing courtesy of RE/MAX 8 - Blacksburg University Place $112,000 3 bd / 2 ba 970 sq ft $115/sq ft
Mourning Dove DriveListing courtesy of Coldwell Banker Townside Bburg Meadow Run $335,000 4 bd / 3 ba 2,892 sq ft $116/sq ft
Cherokee TrlListing courtesy of RE/MAX 8 - Blacksburg Indian Run $327,000 4 bd / 2 ba 2,444 sq ft $134/sq ft
Forest ServiceListing courtesy of RE/MAX 8 - Blacksburg $115,000 1 bd / 0 ba 360 sq ft $319/sq ft
Charles StListing courtesy of Coldwell Banker Townside Bburg Piedmont $107,000 2 bd / 1 ba 966 sq ft $111/sq ft
TrilliumListing courtesy of Alumni Real Estate The Village at Tom's Creek $335,666 3 bd / 2.5 ba 2,086 sq ft $161/sq ft
Shadow Lake RdListing courtesy of Hokie Real Estate, Inc. $360,000 3 bd / 2.5 ba 2,256 sq ft $160/sq ft
Milhurst StreetListing courtesy of RE/MAX 8 - Blacksburg Miller Southside $295,000 4 bd / 2.5 ba 2,830 sq ft $104/sq ft
Cypress LaneListing courtesy of Wainwright & Co. $94,000 3 bd / 1.5 ba 1,040 sq ft $90/sq ft
Givens LaneListing courtesy of New Roots Realty $302,500 4 bd / 3.5 ba 2,149 sq ft $141/sq ft
Rhea Ridge DrListing courtesy of Long & Foster - Blacksburg Brush Mountain Estates $580,000 4 bd / 5.5 ba 5,182 sq ft $112/sq ft
Chateau CtListing courtesy of Coldwell Banker Townside Bburg Vistas $300,000 3 bd / 3.5 ba 2,828 sq ft $106/sq ft
Floyd StListing courtesy of RE/MAX Valley-Roanoke Cedar Orchard $567,500 5 bd / 3.5 ba 3,892 sq ft $146/sq ft
Cedarview DrListing courtesy of Long & Foster - Blacksburg Forest Hills $360,000 5 bd / 3.5 ba 2,832 sq ft $127/sq ft
Fairview AveListing courtesy of Coldwell Banker Townside Bburg Airport Acres $134,900 2 bd / 1 ba 852 sq ft $158/sq ft
Alice DriveListing courtesy of Alumni Real Estate $369,900 4 bd / 2.5 ba 2,667 sq ft $139/sq ft
Camelot CtListing courtesy of Nest Realty SWVA Oak Manor $181,000 3 bd / 2.5 ba 1,342 sq ft $135/sq ft

FAQ

Questions? Answers.

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

The median sale price for homes in Blacksburg in October 2016 was $302,500, across 25 sales on record (land excluded). A year earlier, in October 2015, it was $251,000.

How many homes sold in Blacksburg in October 2016?

25 homes sold in Blacksburg in October 2016, compared with 36 in September 2016 and 32 in October 2015.

How fast did homes sell in Blacksburg in October 2016?

Homes that sold in October 2016 spent a median of 17 days on the market, and 20% sold at or above their original asking price.

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